Variable and Fixed Compensation for Motivation of Employees in Tourism Industry

Abstract—Motivation of employees is significant topic of modern tourism enterprises, since it directly affect their commitment and results achieved. Therefore, employees are marked as human capital, and human resources management as integrated part of tourism enterprises management. With purpose of providing successful enterprise management, and particularly human resources management, appropriate compensation system should be used. There is no magical recipe which would indicate perfect proportion of variable and fixed part of compensation system. However, based on the research results, presented in this paper, some indications might be useful for making decisions about structure of compensation system. These indications refer to dependency of compensation system structure on type of work employees perform or the position they occupy in the enterprise. Keywords—human resources management, employees, variable compensation, fixed compensation, tourism industry. T I.