Selection and Motivation of Equity Incentive Models in China's Electronic Manufacturing Enterprises
In recent years,equity incentive has developed strongly.Manufacturing industry is the main force for the implementation of equity incentives,among which,there are more companies implementing equity incentives in the electronics manufacturing industry.This article focuses on the selection and motivation of equity incentive models for electronic manufacturing enterprises in China,finds that the first class of restricted stock,the second class of restricted stock and stock options are commonly used by enterprises in recent years,"the first class of restricted stock and stock options"is the main choice of enterprises to implement the composite type of incentive equity.There are differences in the motivation for choosing different equity incentive modes:Class I restricted stock has a strong lock-in effect on incentive recipients,which is more conducive to corporate innovation;Class II restricted stock has a strong incentive effect and is easy to operate in accounting;stock options have low incentive costs and higher security;"Class I restricted stock and stock options"combines the advantages of welfare and incentive incentives,and effectively targets the main incentives.Class I restricted stock and stock option combines the advantages of benefit-based and incentive-based incentive mechanisms,effectively targeting the main incentive targets,with a view to better retaining talents and mobi-lizing employees'motivation.