Influence of Internal Factors of the Enterprise on the Performance-Based Payfor Employees

Journal Title: Journal of Economics, Finance and Management Studies - Year 2021, Vol 4, Issue 10

Abstract

This paper is conducted to investigate the influence levels of internal factors of the enterprise on the performance- based pay for employees in State-owned enterprises in Hanoi. Data were collected from getting 120 questionnaires from board of manager, head of Human Resources (HR) administration and HR administrative staff in State-owned enterprises in Hanoi. Based on the data collected, the author use descriptive statistics analysis, cronbach Alpha analysis and Indepentdent T-Test for knowing the influence levels of each independent variable on dependent variable of the performance-based pay for employees. The results show that five internal factors of the enterprise including: production and business characteristics of enterprises; business development strategy; employees; the company's salary payment perspective; and personnel in payroll department have relationships with the performance-based pay for employees. Based on the findings, some recommendations are given for improving wages of employees to ensure the sustainable development of enterprises.

Authors and Affiliations

Tran Thi Minh Phuong

Keywords

Related Articles

Success Deteriminan of the Manufacturing Industry Sector to Survive During the Pandemic in Indonesia

The island of Java is the area with the largest processing industry development in Indonesia. Supported by a large number of industries and the number of workers, industrialization in Java is growing. In the face of an i...

Financial Literacy and Motivation to Stimulate Saving Behavior Intention in form of Bank Customer Deposits

One of the indicators of how well a country’s economic health can be seen by the availability of funds to support development. The banking industry is one of the institutions that has an impact on the public's ability to...

Priorities Development of Food Crops and Horticulture Agribusiness in Mojokerto Regency

Mojokerto Regency is one of the regencies in East Java with a good agricultural growth rate with a variety of superior commodities in the food and horticulture sectors. Therefore, it is necessary to know the opinion of s...

The Influence of Competence and Independence on Audit Quality in Public Accounting Office in South Jakarta Indonesia

The purpose of this study was to examine the effect of competence and independence on audit quality produced by auditors working in the South Jakarta Regional Public Accounting Firm, Indonesia. This research is quantitat...

Theoretical and Legal Aspects of Liquidation of Business Entities in the Republic of Uzbekistan

This article is devoted to the theoretical and legal aspects of the liquidation of business entities in the Republic of Uzbekistan and the analysis of positive statistics achieved as a result of improving the regulatory...

Download PDF file
  • EP ID EP706327
  • DOI 10.47191/jefms/v4-i10-25
  • Views 98
  • Downloads 0

How To Cite

Tran Thi Minh Phuong (2021). Influence of Internal Factors of the Enterprise on the Performance-Based Payfor Employees. Journal of Economics, Finance and Management Studies, 4(10), -. https://europub.co.uk./articles/-A-706327