Abstract
Chinapsilas economic reforms have succeeded in bringing the desired benefits, particularly in its numerous State-owned Enterprises (SOEs). How such reforms are affecting the management of SOEs and their employees are the concerns of this paper. The findings of a triangulated work of survey-interview-document are as follows:(i) SOEs have been operating in a competitive free market environment;(ii) the compensation system has become adaptive to actual conditions;(iii) employees are yet to receive full benefits from the compensation reforms, feeling inadequately paid but favoring the compensation structure. The authors suggest (a) caution in carrying out the performance-based compensation system, giving particular attention to possible equity and revenue irregularities to increase profit figures, and (b) salary adjustments based on nature of work and inflation effects to purchasing power of employees.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
