Nash Equilibrium in the Game of Compensation and Promotion between Enterprises and Employees

DOI

10.2991/edmi-19.2019.76How to use a DOI?

Keywords

Incentive; Increase in salary; Promotion; Game; Nash Equilibrium.

Abstract

Employee motivation is an important human resource management measure for enterprises to promote the realization of enterprise goals by improving employee motivation. The salary increase and promotion are the most commonly used incentive means. If properly used, they can achieve twice the result with half the effort, which is conducive to the enterprise to build a high-quality, reasonable structure of the staff. This paper analyses the game behavior of enterprises and employees under different strategies of salary increase and promotion, and suggests that enterprises should maintain the average level of wage growth in the market, increase salary increase moderately in the stage of rapid economic growth, and attach importance to the needs of high-competent employees and key positions, so as to provide some reference for human resources management of enterprises.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Leiqiong Wan
PY  - 2019/08
DA  - 2019/08
TI  - Nash Equilibrium in the Game of Compensation and Promotion between Enterprises and Employees
BT  - Proceedings of the 1st International Symposium on Economic Development and Management Innovation (EDMI 2019)
PB  - Atlantis Press
SP  - 463
EP  - 468
SN  - 2352-5428
UR  - https://doi.org/10.2991/edmi-19.2019.76
DO  - 10.2991/edmi-19.2019.76
ID  - Wan2019/08
ER  -