Incentive Mechanism of Economic Protection of Rocket and Space Industry Enterprises from Risks
, Alexandr S. Mironov2, , Alexandr S. Kosarev2, - DOI
- 10.2991/aebmr.k.220208.023How to use a DOI?
- Keywords
- rocket and space industry; risks; long-term incentive; bonus deferral; company shares
- Abstract
The paper discusses the development of incentive plans for personnel of enterprises in the rocket and space industry, who takes risks, in view of the results of their activities. Mechanisms for constructing long-term personnel incentive plans taking into account the key indicators of risk assessment of enterprises in the rocket and space industry are proposed. Methods for calculating and implementing a deferral (installment) of bonuses to top management and other employees taking risks have been considered. The risk indicators of enterprises of the rocket and space industry have been determined, and a methodology for their calculation has been proposed. Key indicators for payment/adjustment of deferred bonuses have been proposed. The expediency of expanding the non-monetary part of bonuses to employees of enterprises in the rocket and space industry, for example, in the form of options and shares, has been proved; specific examples of non-monetary incentives for employees of enterprises in other industries have been given. The problems of tax accounting of annual bonuses of key employees holding managerial positions in the organization when calculating income tax have been considered. Recommendations are given on accounting for deferrals at industrial enterprises. The novelty of the approach lies in the authors’ proposal to use the incentive mechanisms, tested in the financial sphere, of protection against risks at industrial enterprises of the rocket and space industry as well as when adapting the principles of calculating and paying the deferred bonus to employees of the enterprises in the rocket and space industry, taking into account the risks of rocket launching, arising at these enterprises.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Sergei S. Golubev AU - Alexandr S. Mironov AU - Alexandr S. Kosarev PY - 2022 DA - 2022/02/25 TI - Incentive Mechanism of Economic Protection of Rocket and Space Industry Enterprises from Risks BT - Proceedings of the International Scientific and Practical Conference Strategy of Development of Regional Ecosystems “Education-Science-Industry” (ISPCR 2021) PB - Atlantis Press SP - 163 EP - 169 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220208.023 DO - 10.2991/aebmr.k.220208.023 ID - Golubev2022 ER -