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This paper represents theoretical generalization and a new method for complex solution of important scientific and practical problem - the effective management of industrial enterprises through formation and improvement of the compensation package. The method for constructing a social package based on cluster analysis is proposed. On the basis of correlation models, the stochastic relationship between the level of individual approach to the formation of compensation package and the level of satisfaction of its fullness is analytically determined. The recommendations are given for improving management efficiency on the base of controlling personnel turnover; increasing personnel motivation level; increasing labor productivity; attracting highly qualified employees to the company; ensuring favorable social and psychological climate in the teamwork; creating positive image of the enterprise in the labor market. The strategic list of measures for construction and operation of individual components in the general mechanism of formation and implementation of the concept for controlling personnel motivation at industrial enterprises has been formed. [ABSTRACT FROM AUTHOR]