Characteristics of Remuneration Systems of Organizations for Sustainable Human Resource Management: Theoretical Approach

The sustainability is multifaceted phenomenon. Three conceptual approaches of sustainability for human resource management (HRM) are revealed: Sustainable Work Systems, Sustainable Resource Management and Sustainable HRM. The basic research object of Sustainable Work Systems is work intensity, which covers many possible approaches including remuneration systems of organizations. Effective remuneration systems increase performance and contribution of employees by controlling labor cost, motivating employees, involving them into organizational processes. The purpose of this paper is to determine the key characteristics of remuneration systems developing conceptual model of characteristics of remuneration systems. This paper research methodology is based on the scientific literature analysis, synthesis and graphic modelling methods. The findings of the research are conceptually developed model of characteristics of remuneration systems comprising five key remuneration characteristics describing the essence of remuneration systems in organizations. The originality and value of the paper is based of the determined five key remuneration systems characteristics by creating conceptual model, which presents links among remuneration systems characteristics and remuneration systems construct. This developed model creates pre-conditions for deepen research in assessment of remuneration systems and their development. The type of the research is conceptual paper. (C) 2018 G. Radvila, V. Silingiene. Peer-review under responsibility of the Kaunas University of Technology, Panevezys Faculty of Technologies and Business