Allocation of a bonus wage fund according to personnel performance

Finance and investments

The paper pays special attention to the development of an economic and mathematical model to allocate the bonus fund when the company tries to encourage fulfillment of specific tasks as soon as possible. The economic and mathematical model in question is brand-new and represents a model of nonlinear optimization of allocating financial resources of a bonus fund throughout subdivisions according to the periods of task fulfillment by the company’s personnel.