| Abstract [eng] |
Creation of effective compensation system, implementation of tax reforms oriented to the activity results have an impact on creation on new working places and business development and income of residents. The Master’s Thesis provides work compensation analysis, discusses the main taxes paid by the residents in Lithuania, and compares the tax rates in Lithuania and EU states. The resident taxation changes and trends are analyzed as well as the possible taxation calculation methods. Using a scenario method company’s performance results were analyzed taking into consideration forecasted different changes of taxes, the taxation strategy most beneficial to the company was identified. Based on the theoretical and practical aspects of the compensation systems analyzed in Parts I and II, the forecast of different work compensation and motivation systems was prepared and the most effective compensation system was evaluated which would be the most beneficial to the Company and its employees. Author’s formed hypothesis - that the competitiveness of the Company and its performance results are effected by not only selected effective compensation system but also it is directly impacted by the taxation policy conducted by the Government, legal base regulating work compensation and taxation - has been approved. |
