The bottom line is this: Incentivepay is an effective tool in situations where performance can be fairly measured and where it is based largely on individual effort.
归根结底,当业绩可以公平衡量且主要取决于个人努力时,激励性薪酬是一项有效的工具。
2
Behavioral contract theory tries to design optimal incentive contracts based on fairness preferences, which mean that agents will pay attention to the comparisons of his payoff and others.
Based on the analysis of value attributes of human resources, the paper applies value measurement of human resources to the incentive mechanism, and designs a pay plan for (human) resources.