Strengthening the motivational role of wages: problems and prospects

It is argued that the war on the territory of Ukraine stimulated the departure process of Ukraini-ans mainly of working age and children abroad. The post-war economic recovery of Ukraine may face labour shortages and economic stagnation. The low level of wages in Ukraine, destruction of housing, social and industrial infrastructure becomes and obstacle to the return of migrants. The war has exac-erbated the problem of balancing the labour market. The growth in the number of unemployed and migration flows actualizes the problem of the wages level in Ukraine.The article considers modern experience of the countries of the world in terms of motivation of high labour productivity using the wages, the possibility of adapting best remuneration practices in the world in order to develop a motivational mechanism for remuneration in the post-war period of the recovery of Ukraine, namely: increasing the share of group forms of bonuses, systems of payment for knowledge and qualifications, development of flexible systems of benefits for employees of enterprises and social protection, participation in the enterprise management and equity.In the article, the functions of wages, the possibility of changing them, taking into account the imbalance of supply and demand for labour in Ukraine during the war and the post-war period in Ukraine. The issue of increasing wages as a result of the implementation of managerial competencies of managers at various levels is updated.The ways to increase the motivational role of the labour remuneration in terms of creating eco-nomic opportunities to increase the employees’ wages by increasing investment attractiveness of Ukraine, structural adjustment of the economy from the production of raw materials and their export to the development of high-tech industries; improvement of the tariff system and labour rationing in com-pliance with the equal wages principle for equal labour contribution; practice of forms of the employees’ participation in the enterprise management and share capital; development of mechanisms for collective and contractual regulation of labour remuneration, forms of collective bonuses are formulated..