Management of work incentives for personnel in companies of Ecuador

In this article the authors are considering the main features of the control stimulation of the personnel in the companies of Ecuador, that include: a focus on the objective interest of employees in obtaining the material benefits that increases their welfare (salary, grants, bonuses, material privileges), obligation for all Ecuadorian companies to provide benefits to employees, the popularity of these benefits such as health insurance, free meals, corporate events, a flexible work schedule. The article provides recommendations to improve the existing systems of personnel stimulation in the Ecuadorian companies (the need for a motivational system that includes a variety of tools for material and non-material incentives; account national circumstances, the application of modern foreign motivational techniques while preserving the traditional).

management, staff, personnel work incentives, motivation, Ecuador, companies, incentive methods, financial and non-financial motivation, fringe benefits