Author(s)

Yunjing Wang

Corresponding Author

Yunjing Wang

Abstract

With the development of e-commerce, logistics industry, especially courier services flourishes. The salary and benefits of ordinary employees of logistics enterprises have gradually attracted the attention of the public. Therefore, this paper took the listed companies in the logistics industry from 2015 to 2017 as the test sample and found that the average salary of ordinary employees is significantly related to the value of enterprises. What's more, compared with state-owned enterprises, private enterprises which improve the average salary of ordinary employees can make more significant and positive effect to the enterprise value. However, there is no significant correlation between the employees' salary distribution and the enterprises' value. Finally, this paper puts forward the suggestions to optimize compensation design of the listed companies in China's logistics industry.

Keywords

Logistics industry; Ordinary staff salary; Property nature; Enterprise value