Title :
Comparison of influencing factors of R&D personnel pay satisfaction in different organizations
Author :
Hai-Yan, Huang ; Song, Chen ; Qian-Wen, Li
Author_Institution :
Sch. of Econ. & Manage., Tongji Univ., Shanghai, China
Abstract :
Based on the differences of ownership and operations and management system in private and state-owned research institutions, using empirical study method to compare of influencing factors of R&D personnel pay satisfaction in different organizations. This study concluded that: Both of them got higher scores in the reasonableness of the income distribution system, the competitiveness of the remuneration system, benefits satisfaction and senior management´s emphasis on R & D personnel; Both of them got lower scores in bonus distribution system of R & D personnel, income distribution system of R & D personnel and paid with the return of the reciprocity. There are significant differences in pay equity and non-economic pay between private and state-owned research institutions. The private got higher scores than state-owned research institutions did. During the latest 30years, scholars from home and abroad have already made much research on pay satisfaction theoretically and empirically. And most focus on the pay satisfaction and its influencing factors, while very few research on influencing factors of pay satisfaction of similar personnel among organizations from different industries. Thus, this essay aims to analyses influencing factors of pay satisfaction of R&D personnel between enterprises and scientific institute empirically, in order to supply organizations of different industries with references.
Keywords :
employee welfare; innovation management; personnel; salaries; R and D personnel pay satisfaction; bonus distribution system; income distribution system; noneconomic pay; pay equity; remuneration system; state owned research institution; Educational institutions; Incentive schemes; Indexes; Industries; Loading; Organizations; Personnel;
Conference_Titel :
Technology Management for Global Economic Growth (PICMET), 2010 Proceedings of PICMET '10:
Conference_Location :
Phuket
Print_ISBN :
978-1-4244-8203-0
Electronic_ISBN :
978-1-890843-21-2