Abstract
With the continuous development of the human resource management system, the academic circle pays more and more attention to the research of employee satisfaction analysis. As one of the important factors affecting corporate performance, employee satisfaction has a significant impact on fully mobilizing employee enthusiasm. This article uses the China Family Panel Studies (CFPS) database to explore the impact of working hours characteristics and work salary characteristics on the job satisfaction of employees in stateowned enterprises and private enterprises through ordered logit regression methods. The results found that: weekly working hours and annual work income have a significant impact on these two types of employees. However, in-kind benefits and cash benefits only have a significant impact on employees of private enterprises. The one-way commute time only has a significant impact on the employees of state-owned enterprises. On this basis, this article puts forward two suggestions to improve the pertinence of welfare, strengthen the role of welfare incentives, and the government to formulate a labor standard law related to working hours, in order to improve employee job satisfaction.
Highlights
Facing the increasingly fierce competitive market of economic globalization, all enterprises must strive to improve their own competitiveness, strengthen their competitive advantages, enable them to develop and grow further
Improving employee job satisfaction and fully mobilizing the enthusiasm of employees are the primary focus of an enterprise to enhance its competitiveness
The first is to study the impact of differences in individual characteristics of employees on job satisfaction in addition to the company’s own characteristics[3]; the second is to study the basic psychological variables such as value, commitment, and expectations related to individual emotional responses of employees[4]
Summary
Facing the increasingly fierce competitive market of economic globalization, all enterprises must strive to improve their own competitiveness, strengthen their competitive advantages, enable them to develop and grow further. Employees’ satisfaction with their jobs is one of the important factors that affect corporate performance. Improving employee job satisfaction and fully mobilizing the enthusiasm of employees are the primary focus of an enterprise to enhance its competitiveness. The first is to study the impact of differences in individual characteristics of employees on job satisfaction in addition to the company’s own characteristics[3]; the second is to study the basic psychological variables such as value, commitment, and expectations related to individual emotional responses of employees[4]. From the perspective of enterprises with different ownerships, this article examines the effects of salary and time on job satisfaction of employees in stateowned enterprises and private or foreign-owned enterprises, and proposes practical policy recommendations on this basis
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