ANALYSIS OF THE CURRENT STATE OF THE EMPLOYEE MOTIVATION SYSTEM IN THE SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP SECTOR OF UZBEKISTAN
DOI:
https://doi.org/10.60078/3060-4842-2025-vol2-iss5-pp442-448Abstract
This article analyzes the current state of the employee motivation system in Uzbekistan's SME sector based on empirical data. A study conducted with the participation of over 100 enterprises and more than 1,500 employees revealed the predominance of material incentive methods (64.8%) and insufficient application of non-material motivation tools (average 35%). Correlation analysis demonstrates a strong positive relationship between motivation and labor productivity (r=0.78, p<0.001). According to the research results, enterprises applying a comprehensive motivation system show employee satisfaction of 74.8% and staff turnover of 14.8%. The article presents scientific recommendations for further improvement of the motivation system in the SMB sector and enhancement of its effectiveness based on research findings
Keywords:
employee motivation small business labor productivity material and non-material incentives Uzbekistan SMB sectorReferences
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