Efficiency of personnel management and its impact on labour productivity: the experience of agricultural enterprises in the Republic of Moldova

Abstract

The aim of the study is to investigate the impact of personnel management of agricultural enterprises on labour productivity. The approach used in this study is based on the analysis of key indicators characterising different aspects of personnel management for the period from 2015 to 2022, based on official data of the National Bureau of Statistics of the Republic of Moldova: personnel costs, professional training of employees of agricultural enterprises, staff mobility and other aspects. The results of the study showed that labour productivity is closely related to the efficiency of personnel management in agricultural enterprises, highlighting the importance of competent decision-making in relation to personnel in various directions: remuneration for work and salary increase based on the real results of staff work; organization and financing of professional training of employees, providing social support to employees, the impact of different types of staff motivation on the containment of staff turnover and others. It is necessary to solve the issues of limited financial resources of enterprises for professional training of personnel, to revise the structure of personnel costs in the direction of increasing social payments, to take into account the structural changes in the economy as of the current day for the quantitative provision of personnel of enterprises, taking into account and improving the qualitative characteristics of employees.