Evolution of a Compensation Plan and a Labor Satisfaction

The article evaluates modern condition of a labor satisfaction and tool of its upgrade – compensation plan. The aim of this work is to analyze how payment systems developed and to target the increased role of a labor satisfaction. Labor is a key of economy. It provides progress and prosperity throughout the whole history of humanity. But the modern labor became far more complicated in the XX century. Mostly it turned into intellectual labor. Moreover it became harder to deal with and to recover after. As a result the issue of labor satisfaction moved at the top of the list. Luckily the economical motivation such as compensation plan may escalate the level of a labor satisfaction. The author gives an analysis of human resource system, payment systems evolution and its influence on a labor satisfaction. The article contains conclusions about modern labor characteristics, role of a compensation plan on an enterprise.