With China’s listed companies from 2005 to 2015 as samples, this paperinvestigates how air quality influences labor cost based on city-level air quality data. Ourstudy finds a significant negative correlation between...With China’s listed companies from 2005 to 2015 as samples, this paperinvestigates how air quality influences labor cost based on city-level air quality data. Ourstudy finds a significant negative correlation between air quality and corporate employeecompensation - such a negative correlation is particularly strong in regions whereemployees are more rights-conscious and for companies that are non-labor-intensive. Byadjusting employee compensation according to air quality, firms will increase their futurecorporate value. In addition, air quality has significantly differentiated effects on employeecompensation for firms of different ownership nature and different level of cash on hand.Further research reveals that the effects mainly stem from poor air quality. In general,extreme air quality changes will lead to a difference of 14,210 yuan in the annual averagecompensation to employees from sample companies, or a labor cost difference of around23 trillion yuan for all companies nationwide during the sample period. Our researchconclusions have broadened the scope of research on how air quality influences firmbehavior, and provide empirical reference for employee motivation and cost management,as well as empirical evidences for China’s policy principle that “lucid waters and lushmountains are invaluable assets”.展开更多
This research investigated the existing employee recognition methods in Chinese businesses and assessed their effectiveness.An in-depth interview was conducted in a commercial bank and a telecommunication company in C...This research investigated the existing employee recognition methods in Chinese businesses and assessed their effectiveness.An in-depth interview was conducted in a commercial bank and a telecommunication company in China.Data was collected from thirty managers who were asked to share their opinions on employee recognition effectiveness and then analyzed using the thematic analysis method.The findings indicate that an effective recognition scheme included increased job satisfaction,employee motivation,work performance,and employee commitment.Furthermore,it suggested that organizational culture,the various forms of recognition practices,awareness of giving recognition,communication,and managerial skills,can all influence recognition effectiveness.This study adds to the development of a theoretical model to help understand what makes employee recognition more effective and to clarify the value generated by effective recognition.It also contributes to the understanding of employee recognition in the Chinese workplace.Practically,this study gives recommendations to managers regarding how to better evaluate their employee recognition systems and how to improve their effectiveness.展开更多
文摘With China’s listed companies from 2005 to 2015 as samples, this paperinvestigates how air quality influences labor cost based on city-level air quality data. Ourstudy finds a significant negative correlation between air quality and corporate employeecompensation - such a negative correlation is particularly strong in regions whereemployees are more rights-conscious and for companies that are non-labor-intensive. Byadjusting employee compensation according to air quality, firms will increase their futurecorporate value. In addition, air quality has significantly differentiated effects on employeecompensation for firms of different ownership nature and different level of cash on hand.Further research reveals that the effects mainly stem from poor air quality. In general,extreme air quality changes will lead to a difference of 14,210 yuan in the annual averagecompensation to employees from sample companies, or a labor cost difference of around23 trillion yuan for all companies nationwide during the sample period. Our researchconclusions have broadened the scope of research on how air quality influences firmbehavior, and provide empirical reference for employee motivation and cost management,as well as empirical evidences for China’s policy principle that “lucid waters and lushmountains are invaluable assets”.
文摘This research investigated the existing employee recognition methods in Chinese businesses and assessed their effectiveness.An in-depth interview was conducted in a commercial bank and a telecommunication company in China.Data was collected from thirty managers who were asked to share their opinions on employee recognition effectiveness and then analyzed using the thematic analysis method.The findings indicate that an effective recognition scheme included increased job satisfaction,employee motivation,work performance,and employee commitment.Furthermore,it suggested that organizational culture,the various forms of recognition practices,awareness of giving recognition,communication,and managerial skills,can all influence recognition effectiveness.This study adds to the development of a theoretical model to help understand what makes employee recognition more effective and to clarify the value generated by effective recognition.It also contributes to the understanding of employee recognition in the Chinese workplace.Practically,this study gives recommendations to managers regarding how to better evaluate their employee recognition systems and how to improve their effectiveness.
