Abstract
The purpose of this research consists in need to consider the application of the wage grading model project for the Karaganda Metallurgical Plant in Temirtau town (Karaganda region) for "Qarmet" JSC, with a description of its positive and negative socio-economic aspects. The methodology of wages calculation (considered and used in this article) is based on the application of KPI indicators in distribution of incentive income of employees. In addition, the article contains a statistical comparison method for visualizing the economic phenomena under consideration around the subject of the presented work. The scientific novelty (originality / value) of work lies in the possibility of consideration of progressive (graded) payroll system type for a ferrous metallurgy enterprise, which was previously not typical for this industry. Such consideration is important for the future practical implementation of this method of calculation in the aspect of labor relations improving in production realities for human capital development within the industry. The research findings are presented in the following provisions: The problems of the metallurgical industry in the aspect of remuneration are considered; a model of encouragement for increasing qualitative and quantitative indicators of labor activity is proposed; positive and negative aspects for functioning of such kind of model in practice are reflected; solutions are proposed to overcome negative factors for its practical implementation.