Research on the Influence of Employee Psychological Factors on Enterprise Compensation Management—Take Tencent as an Example

Authors

  • Haoyuan Fan

DOI:

https://doi.org/10.54097/s5r8vj34

Keywords:

Compensation Management, Employee Psychology, Organizational Dynamics, Motivational Drivers, Work Environment.

Abstract

The significance of investigating the impact of employee psychological factors on corporate compensation management lies in its pivotal role in shaping organizational dynamics. This research topic is chosen due to the critical influence of employee attitudes and perceptions on the effectiveness of compensation strategies within companies. The case description provides a contextualized examination of instances where employee psychology has played a decisive role in shaping compensation practices. It unveils real-world scenarios that highlight the complexity of managing compensation in light of diverse psychological factors. The analysis section scrutinizes the challenges associated with integrating employee psychology into compensation management. This involves a thorough exploration of the multifaceted issues arising from aligning compensation structures with motivational drivers, job satisfaction, and performance expectations. The analysis underscores the implications of these psychological factors on the overall success of compensation strategies. In the suggestion part, the study proposes strategic recommendations for organizations seeking to optimize their compensation management practices. These suggestions emphasize the need to tailor compensation packages to align positively with employee expectations, thereby fostering a conducive and motivating work environment. The conclusion emphasizes the overarching significance of considering employee psychological factors in compensation management. The research contributes to the understanding of how these factors shape organizational dynamics and emphasizes the imperative for organizations to adapt their strategies to the intricacies of human behavior within the workplace.

Downloads

Download data is not yet available.

References

Locke, Edwin A. Toward a theory of task motivation and incentives. Organizational behavior and human performance, 1968, 3 (2): 157-189.

Lawler, Edward E., and Lyman W. Porter. The effect of performance on job satisfaction. Industrial relations, 1967, 7 (1), 20-28.

Luthans, Fred, Carolyn M. Youssef, and Bruce J. Avolio. Psychological capital: Developing the human competitive edge. Oxford University Press, 2020: 115-137.

Abraham, Maslow. A theory of human motivation. Psychological Review, 2000, 50 (4), 370–396.

Herzberg, Frederick., Mausner, B., & Snyderman, B. The Motivation to Work. Wiley, 1959.

Vroom, Victor Harold. Work and Motivation. Wiley, 1964.

Deci, Edward L., Richard Koestner, and Richard M. Ryan. A meta-analytic review of experiments examining the effects of extrinsic rewards on intrinsic motivation. Psychological Bulletin, 1999, 125 (6), 627-668.

Lawler, E. E. Pay and organizational effectiveness: A psychological view. McGraw-Hill, 1971.

Colquitt, Jason A., and Marcia J. Simmering. Conscientiousness, goal orientation, and motivation to learn during the learning process: A longitudinal study. Journal of Applied Psychology, 1988, 83 (4), 654–665.

Latham, Gary P., and Gary A. Yukl. A review of research on the application of goal setting in organizations. Academy of Management Journal, 1975, 18 (4), 824–845.

Downloads

Published

04-07-2024

How to Cite

Fan, H. (2024). Research on the Influence of Employee Psychological Factors on Enterprise Compensation Management—Take Tencent as an Example. Journal of Education, Humanities and Social Sciences, 35, 7-14. https://doi.org/10.54097/s5r8vj34