Vplyv odmeňovania zamestnancov na ich motiváciu a na celkové náklady spoločnosti a 

The diploma thesis deals with the arrangement of the current renumeration system in a selected company. The changes should be performed due to more reasons such as higher motivation of employees, more effective performance and more optimized costs management. The theoretical part represents the common terms related to motivation, performance measurement and pay-for-performance. Consequently, the selected company and its basic characteristics is introduced with the aim to understand the current renumeration system. Moreover, the practical part includes the suggested changes in the current approach on the basis of literature and discussion with owners of company. Specifically, it concentrates on the calculation of variable part of renumeration. Also, it outlines the issue of other rewards and bonuses. Lastly, it covers the binding of renumeration system and motivation within the entity.