Year: 2024
Type: article
Abstract: A structural equation model was constructed to investigate the relationship between performance-based pay, fair salary distribution, fair salary procedures, external fairness of salary, and salary satisfaction. State owned enterprises and small and medium-sized private enterprises in Beijing and Xi'an were selected as research objects, and the causal relationships between the various elements in the model were empirically analyzed using on-site distribution and entrusted distribution methods. The model was then revised. Research has found that the strength of performance-based pay can significantly positively affect both procedural fairness and external fairness in compensation; Fair salary distribution and fair salary procedures can significantly positively affect salary satisfaction.
Source: Strategic management insights.
DOI: 10.70088/swxn5338
Authors: Junjie An, Masri Bin Abdul Lasi
Institutions: City University Malaysia, Henan Polytechnic Institute
Language: English
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4403359558