Author(s)

Zheng Yufang

Corresponding Author

Zheng Yufang

Abstract

Performance pay reform is a new incentive and restraint mechanism gradually implemented by public institutions. Under the premise of fixed total performance allowance distribution, public institutions need to design a set of effective performance compensation implementation scheme to give full play to their due incentive and restraint role. From the perspective of human capital theory, this paper analyzes in detail the particularity of teachers’ human capital and its relationship with performance compensation, and then discusses the design of the implementation scheme of performance compensation.

Keywords

human capital, performance, wage reform, higher vocational college teachers