Author(s)

Chang Yan, Zhuoning Hu

Corresponding Author

Chang Yan

ABSTRACT

In the process of continuous economic development, corporate systems are constantly changing to adapt to the current economic environment. With the increasing pressure of corporate competition, companies need to use reforms to enhance their core competitiveness. Reforming the salary policy is a very important part of it, which affects the enthusiasm of employees and the performance of the company. At the same time, a good salary policy can help companies retain talent. This article analyzes the impact of salary on employee motivation and performance by analyzing the salary policies of different companies and studying different factors that affect company performance. The research results show that innovative compensation policies can make companies more stable and achieve better corporate performance, and such corporate performance often drives the motivation of employees. Moreover, when some instability in the world or society reduces the overall world economy, some companies with innovative compensation policies can often achieve stable or even better corporate performance than usual. In fact, the performance of a company can be affected by many external factors such as the world economic environment and the company's internal factors.

KEYWORDS

Employee, Salary System, Company Performance, Corporate Governance