Characteristics of salary determination in the higher education system

Niyazmetov Mansur Ruzmatovich * and Ostonokulov Azamat Abdukarimovich

Institute of International School of Finance Technology and Science (ISFT), Uzbekistan.
 
Review
International Journal of Science and Research Archive, 2024, 11(02), 776–779.
Article DOI: 10.30574/ijsra.2024.11.2.0527
Publication history: 
Received on 19 February 2024; revised on 26 March 2024; accepted on 29 March 2024
 
Abstract: 
This paper explores the essential aspects and characteristics of the compensation system within higher education institutions. It identifies how employees in these institutions are categorized, how different funding sources are utilized for wage payments, and outlines the composition of primary and additional salaries. The study also highlights challenges encountered in managing the accounting processes for calculating and disbursing base salaries, bonuses, and incentives funded through various sources. Following the investigation, the author offers insights and recommendations for enhancing the wage calculation process in the higher education sector.
 
Keywords: 
Accounting; Payroll; Higher education; Estimating; Costing; Reporting
 
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