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Web of Proceedings - Francis Academic Press

Analysis of Compensation Incentive Mechanism under the Internationalization of Chinese Corporates

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DOI: 10.25236/iwass.2019.161

Author(s)

Yuxin Wang

Corresponding Author

Yuxin Wang

Abstract

Chinese corporates have made rapid progress under the internationalization strategy. And now they’re having problems with establishing a complete and efficient intentional compensation incentive mechanism. Starting from summarizing the deficiency of the compensation incentive system through Chinese corporates, this paper mainly puts forward some corresponding suggestions to encourage those Chinese corporates to improve their systems, respect and make full use of cultural differences, and better integrate into the tide of internationalization.

Keywords

Internationalization of corporates; Compensation management; Compensation incentive