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WAYS TO EFFECTIVELY USE MATERIAL INCENTIVES THAT INCREASE LABOR 
EFFICIENCY 
 
Jamshid Sharafetdinovich Tukhtabaev
PhD., Associate Professor, Tashkent State University of Economics 
 
Abstract. 
This article explores ways to effectively use labor incentive resources at 
enterprises in the exploration industry in order to increase labor efficiency. At the enterprises 
of the exploration industry, the sources of labor stimulation, divided into material and 
spiritual types, are analyzed, and ways to improve labor efficiency through their effective use 
are proposed. 
Keywords: 
labor efficiency, labor productivity, labor quality, material incentives, moral 
encouragement. 
In addition to salaries, employees and employees of exploration industrial enterprises 
are provided with various material and non-material incentives. Material incentives are 
important in increasing the responsibility of workers and employees in the production 
process and improving labor efficiency. Financial incentives will always be a means of 
encouraging employees to work. However, it should also be borne in mind that material 
incentives require significant costs for a manufacturing enterprise. 
Labor stimulation is effective only if the enterprise can reach the level of remuneration 
by the management body and keep it at this level. The purpose of promotion is not to 
encourage employees to work effectively, but to encourage them to work more efficiently 
than is defined in the employment relationship. There are several functions of motivation of 
workers and employees: 
- Social function. This is ensured by the formation of the social system of society, taking 
into account different income levels. These incomes largely depend on the influence of 
motivational factors on different people; 
- Economic function. It manifests itself in the promotion of production efficiency in 
production. This is reflected in increasing labor productivity and improving product quality.; 
- Spiritual and moral function. Determining the active life position of workers and 
employees, increasing their confidence in the future, forming a healthy moral and social 
environment in society. It is important to form a motivation system taking into account 
national traditions and historical experience. 
The above factors include the following when introducing types of labor incentives into 
production: the level of economic development; the financial capabilities of the enterprise; the 
policy of encouraging workers and employees based on work results; competitiveness in the 
labor market; opportunities to increase labor productivity at the enterprise; the material and 
moral condition of employees; age and gender should be taken into account. 
Material incentives in production are a set of targeted costs for the reproduction of 
labor, increasing labor contribution and labor results in production. The main purpose of 
financial incentives is to direct the work of employees to achieve the strategic goals of the 
enterprise, in other words, to coordinate the material interest of employees with the strategic 

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