The Impact of Incentive Mechanism on Employee Performance of SAIC-GM

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Title: The Impact of Incentive Mechanism on Employee Performance of SAIC-GM

Author: Lyu Longtengfei

Advisor: ดร.จิดาภา ชลธารรัตนพงศ์ – Dr. Jidapa Chollathanrattanapong

Degree: Master of Business Administration

Major: International Business Management

Faculty: บัณฑิตวิทยาลัย (Graduate School)

Academic year: 2567 (2024)

Published: นำเสนอในที่ประชุมวิชาการ (Conference) The 8th STIU International Conference “TechVision Leadership: Fostering Social Sustainability” July 4-5 2024 (pp.30-38Proceedings  PDF


Abstract

This study aims to enhance the company’s performance by improving the employee incentive mechanism. It focuses on how to better motivate staff at all levels to support the company’s goals. This study contributes valuable insights to the automotive industry’s management improvement. In that regard, the purpose of this study is to explore the elements of the incentive mechanism, and the impact of incentive mechanism on employee performance. The research, conducted at SAIC-GM, a Chinese listed automaker, involved 653 employees. Quantitative methods were used to analyze the questionaire data, including descriptive statistical
analysis, correlation analysis and regression analysis. The study results indicate that diversified salary design, increased training opportunities, improved fairness of spiritual incentive and a detailed promotion plan are expected to improve the incentive mechanism. In addition, a significant positive correlation between employee performance and their satisfaction with the incentive mechanism was also found.

Keywords: SAIC-GM, incentive mechanism, Two-Factor Theory, employee performance


6517195009, Lyu Longtengfei, Advisor: ดร.จิดาภา ชลธารรัตนพงศ์ – Dr. Jidapa Chollathanrattanapong, สารนิพนธ์ (Independent Study), The Impact of Incentive Mechanism on Employee Performance of SAIC-GM, นำเสนอในที่ประชุมวิชาการ (Conference), The 8th STIU International Conference: “TechVision Leadership: Fostering Social Sustainability”, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, International Business Management, Siam University, Bangkok, Thailand – มหาวิทยาลัยสยาม กรุงเทพมหานคร ประเทศไทย

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