Influence of Internal Factors of the Enterprise on the Performance-Based Payfor Employees
Journal Title: Journal of Economics, Finance and Management Studies - Year 2021, Vol 4, Issue 10
Abstract
This paper is conducted to investigate the influence levels of internal factors of the enterprise on the performance- based pay for employees in State-owned enterprises in Hanoi. Data were collected from getting 120 questionnaires from board of manager, head of Human Resources (HR) administration and HR administrative staff in State-owned enterprises in Hanoi. Based on the data collected, the author use descriptive statistics analysis, cronbach Alpha analysis and Indepentdent T-Test for knowing the influence levels of each independent variable on dependent variable of the performance-based pay for employees. The results show that five internal factors of the enterprise including: production and business characteristics of enterprises; business development strategy; employees; the company's salary payment perspective; and personnel in payroll department have relationships with the performance-based pay for employees. Based on the findings, some recommendations are given for improving wages of employees to ensure the sustainable development of enterprises.
Authors and Affiliations
Tran Thi Minh Phuong
Keywords
Related Articles
- EP ID EP706327
- DOI 10.47191/jefms/v4-i10-25
- Views 97
- Downloads 0
Bank Systemic Risk in Indonesia
Banks are the primary participants and play a crucial role in the financial systems of most economies, including Indonesia. Banks face systemic risk because of their dynamic structure and the complex economic environment...
Problems in the Re-classification of the Balance Sheet as Part of an Integrated Information System
The integrated information system is an IT and information structure that includes financial reporting and management control analysis. This system requires that each accounting item is linked to every other object. In...
The Effect of Participatory Leadership Style and Work Motivation on Employee Performance through Job Satisfaction at the Malang City District Office
This study has at least four aims to carry out. Such as describing participatory leadership style, work motivation, employee job satisfaction, and employee performance. Also, analyze the effect of participatory leadershi...
The Effect of Work Motivation and Work Discipline on Employee Performance of PT Yangtze Optical Fibre Indonesia
This study aims to determine the effect of work motivation and work discipline on the performance of PT. Yangtze Optical Fiber Indonesia. Data were collected through observation and questionnaires with 52 final responden...
Analysis of Income Use of Toraja Migrant Community in Palu City, Indonesia
This study aims to analyze the use of income of Torajan migrant community in Palu City, Central Sulawesi Province. The study procedures were carried out using a descriptive approach by analyzing independent variables wit...