Analysis of Мechanisms of Мotivation and Еffective Wage Rate

Student: Gaylit Roman

Faculty: International College of Economics and Finance

Educational Programme: Double degree programme in Economics of the NRU HSE and the University of London (Bachelor)

Year of Graduation: 2017

Current paper develops a screening model on motivation, based on the factor analysis, and outlines main indicators, which can help the principal (employer) in distinguishing a motivated candidate from a not motivated one. The model is completely based on Russian federation and it’s peculiarities. The paper shows the importance of understanding the motivation and its components. The results that indeed there exist a bunch of indicators for motivation identification and offers several practical implementations for the companies, although there are few inaccuracies. Whether the explanatory power of model is rather lower, results are significant. Considering that it is a research on human behaviour and low explanatory is quite common in such models, the future research on that topic has huge potential.

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