| Project Title: | The Impact of Incentives on Performance Management in Chinese State owned Enterprises |
| Author: | Wang Yujie |
| Advisor: | Dr. Zhang Li |
| Degree: | Master of Business Administration |
| Major: | International Business Management |
| Faculty: | Graduate Schools |
| Academic year: | 2022 |
| Url: Published: |
Conference Proceedings The 6th STIU International Conference “Innovative Leadership for Sustainable Development” on 10-11 May 2022 |
Citation
Wang, Yujie. (2022). The impact of incentives on performance management in Chinese state owned enterprises. (Master’s independent study). Bangkok: Siam University.
Abstract
With the continuous development of society and improvement of the country’s economic level, state-owned enterprises in China have ushered in new development opportunities. There is a direct link between state-owned enterprises and the development of the national economy. It can be said that the national economy is the main carrier supporting the development of state-owned enterprises, while state-owned enterprises are the lifeblood for development of the national economy. For state-owned enterprises, strengthening internal staff management is an important way to improve their management effectiveness and economic development strength. Through effective incentive management, the work enthusiasm of employees can be fully mobilized. In the process of incentive mechanism construction, performance management plays a certain influence. The article provides a comprehensive analysis of the research results of the incentive mechanism of state-owned enterprises at home and abroad. On this basis, the article focused on the incentive mechanism and performance management of state-owned enterprises. At the same time, the relationship between performance management and incentive mechanism is further explored in order to clarify the impact of performance management on the incentive mechanism of state-owned enterprises and to accurately grasp the relationship between performance assessment methods, salary incentives, corporate culture. Finally, combining the characteristics of the development needs of state-owned enterprises, highly targeted and feasible countermeasures proposed in terms of assessment methods, salary management, corporate culture, in the hope of providing strong support for state-owned enterprises to further improve their overall management level and laying a good development prospect for their and growth.
Keywords: performance management, incentive mechanism, performance appraisal approach, compensation management, corporate culture.
The Impact of Incentives on PerformanceManagement in Chinese Stateowned Enterprises
Master of Business Administration (International Program), Siam University, Bangkok, Thailand