Influence of Internal Factors of the Enterprise on the Performance-Based Payfor Employees
Tran Thi Minh Phuong
Faculty of Human Resource Management, University of Labor and Social Affairs, Vietnam
https://doi.org/10.47191/jefms/v4-i10-25ABSTRACT:
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.
KEYWORDS:
internal factors, wages, employees, performance.
JEL codes: E64, P46, J31
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