Discussion on the Innovation of the Incentive Mechanism in the Modern Enterprise Business Administration
With the white heat of enterprise competition and the diversification of employee needs,the incentive mechanism in modern enterprise business management is facing a major transformation.This paper explores the necessity and practice method of the incentive mechanism innovation in this context.Through analyzing different types of incentive means,including monetary and non-monetary incentives,internal and external motivations,and the balance of individual and team incentives,this study proposes a set of comprehensive incentive strategies.The paper also discusses the challenges of designing effective incentive systems and proposes a range of innovative incentive mechanisms,in order to improve employee engagement and performance.
modern enterprisebusiness administrationincentive mechanismperformance management
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