IMPROVING LABOR LEGISLATION ON INCENTIVES FOR WORK: IMPLEMENTATION OF FOREIGN EXPERIENCE

Abstract

In today's world, labor law plays a key role in shaping an efficient labor market and ensuring decent conditions for employees. In particular, incentives for work are an important element that helps to increase employee productivity and motivation. Taking into account global trends and best practices of different countries, the issue of improving Ukrainian labor legislation in this area is becoming relevant. The purpose of this article is to analyze and implement foreign experience in encouraging work into Ukrainian labor legislation. To achieve this goal, we studied approaches to employee incentives in countries with developed economies and legal systems and identified possible ways to adapt them to Ukrainian realities. The study used the methods of comparative analysis and legal modeling. A detailed analysis of legislative acts regulating incentives for work in the European Union, the United States, Canada and Japan is carried out. The study found that the key aspects of work incentives used abroad include bonus systems, flexible work schedules, additional days off, training and development programs, and career development opportunities. The author proposes several models for adapting these approaches to Ukrainian labor legislation, taking into account national peculiarities and economic situation. Implementation of foreign experience requires a systematic approach and changes in the legal culture of both employers and employees. It is necessary to create conditions for the active participation of all stakeholders in the process of reforming labor legislation. Raising awareness of modern methods of incentivizing work and their benefits is also important. Improving Ukraine's labor legislation on incentives to work is an important step towards increasing the competitiveness of the economy and ensuring decent working conditions. Implementation of the best foreign practices will increase employee motivation, boost their productivity, and contribute to the overall development of the labor market. Further research in this area should focus on the development of specific legislative initiatives and their practical implementation.