Abstract
The consensus salary model is founded on the idea that is consensual either to the individual, or to the enterprise or to the society by absorbing the effective part of the existent salary system for the modern enterprise. The prerequisite consensual to one party must not damage the benefits of the other party and it is a modified one through Pareto improvement. Also, it may be influenced by the micro and macro decisive mechanism from the individual, the enterprise and the society. The micro decisive mechanism consists of human capital investment decision, encouragement, propulsion, dynamic adaptation, post evaluation, cost control and income distribution inside the enterprise. The macro decisive one includes supply and demand in the labor forces market, governmental regulations and market-oriented pay negotiation (see Fig. 7.1).
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Notes
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Xuejun Xu, Technology Progress, Income Distribution and the Forming of Human Capital, Economy and Science Press, July 2003, p. 14.
- 2.
Xiaoping Qiu, 《Pay Income Distribution》, China Labor Social Insurance Press, September, 2005, p. 182.
- 3.
Xiaoping Qiu, 《Pay Income Distribution》, China Labor Social Insurance Press, September, 2005, p. 192.
- 4.
Xiaoping Qiu, 《Pay Income Distribution》, China Labor Social Insurance Press, September, 2005, p. 210.
- 5.
Xiaoping Qiu, 《Pay Income Distribution》, China Labor Social Insurance Press, September, 2005, p. 220.
- 6.
Xiaoping Qiu, 《Pay Income Distribution》, China Labour Social Insurance Press, September, 2005, p. 224.
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Hicks J R (1932), The Theory of Wages, 2nd, 1963, New York, MacMillan.
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Lu Ming: Bargaining Theory on Compensation and Employment, Shanghai Sanlian Bookstore, Shanghai People’s Press, p. 10.
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Li, Z. (2013). Decisive Mechanism of the Consensual Salary Model. In: Study on the Consensus Salary System for Modern Enterprises. SpringerBriefs in Business. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-29837-0_7
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DOI: https://doi.org/10.1007/978-3-642-29837-0_7
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