What Is Incentive Management?

Incentive management is the application of incentive theory in management. It includes a variety of incentive content and incentive forms, both positive and negative. Designed to improve employee productivity and stimulate potential.

Incentive management

(Management Terminology)

Right!
Incentive management is the application of incentive theory in management. It includes a variety of incentive content and incentive forms, both positive and negative. Designed to improve employee productivity and stimulate potential.
The reason why American companies can "gather talents" is inseparable from the use of incentives in corporate management.
First, the implementation of talent selection "fast track" employment incentives;
2. Implement long-term incentives for employee shareholding and permanent share of earnings;
Third, let employees have more benefits and incentives.
Compared with American corporate incentive management, Japanese corporate incentive management has its own characteristics and characteristics.
I. Attach importance to the quality of employees and strengthen the development incentives of training;
2. Implement internal and external incentives that combine lifetime employment and flexible wages;
3. Implement positive and negative incentives of different nature and specific contents;
4. Pay attention to encouraging employees and implement setbacks and incentives to resolve difficulties.
American and Japanese companies have a long history of incentive management. They have accumulated a lot of successful experiences and practices, reflecting their characteristics and advantages. According to the state's recognition, these experiences and practices have the following reference value for Chinese enterprise management.
First, we must attach great importance to the function and role of motivating employees in the development of human resources;
2. Incentives must be used to attract talents to enterprises and give play to their special role;
Third, the combination of incentives and constraints must be improved to give full play to the important role of business managers. [1]

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