Study On Combined Incentive Of Fire Corporate Top-Managers

The concept of labor division deepens with the economic development since Taylor’s scientific management theory, and the thought of "Professional people do professional thing" gets more and more popular which was used to the process of the division at first. With the development and spreading of management theory, several people who have plenty of knowledge about management but own little production materials appear in the labor market, and at the same time, some people who own production materials without management knowledge need to find people who can make money with the use of production materials, so the principal-agent relationship has been formed due to the existence of supply and demand. On one hand, it pulls professional division to the management field, but on the other hand, it accompanys with some difficulties such as rent-seeking phenomenon and lot behaviors which caused by the asymmetric information between the principal and the agent. In order to solve the problems, there is need to motivate and restrain the agent. It is motivation that means a lot to senior managers because its positivity which not only can guide and satisfy the agent but also benefit the enterprise.The research aimed at28fire companies in our country and finally obtained180valid questionnaires. The research analyzed and summarized humanity hypothesis theory、the system economics theory of incentives、the management incentive theory of Management Science and related theory of the previous relevant researches at home and abroad, and put forward the assumption according to the problems appeared in the practice of Chinese fire companies. Based on the SPSS16.0and AMOS17.0statistical software tools, the research tested the hypotheses through the exploratory factor analysis, descriptive statistics, the mean and variance analysis and other analysis methods and inquired into the importance、effect as well as present stage of executives’demand. What the purpose is to provide the necessary theoretical support for executive incentive and to solve the incentive problems and to improve the enthusiasm of the staff.The first part, the introduction. The introduction introduces the background of this study, the significance of the main content of the study and research techniques routes are described. The study found that both from a management perspective, the perspective of the management practices, executives or economics point of view, the combination of incentives are urgently required and needs to be improved. In our country, fire the competitiveness of enterprises is relatively weak, a key point to solve the problem is to strengthen the business management team building, strengthen the construction of the management team to become the entry point of this angle from a combination of incentives.The second part, the relevant literature review. This section was done by the previous theoretical knowledge summarization, including the research results of the theory of human nature assumptions, demand theory, motivation theory, and incentive effects."Complex" hypothesis starting from the human point of view shows the individual differences, and laid a theoretical foundation for this study."Complex" hypothesis point of view a fundamental support for the needs of diversity, the needs of species diversity is very easy to be understood, but their classification is controversial, for each classification method has its own rationality, but for executives of this particular crowd how to classify the authors did not dare to jump to conclusions, we can only attempt to summarize executives conducted a questionnaire survey. Tournament theory provides a strong basis for executives to earn more income, and psychological contract theory makes us realize the importance of non-material incentives. By a study combing the incentive effects, the majority of scholars are concerned about the annual salary, equity incentive on the company’s financial performance, the less the effect of a combination of tangible and intangible incentives, and financial indicators executives the impact of non-direct and timeliness by internal and external factors together, and executives working enthusiasm is a direct impact on the incentives, and thus the enthusiasm of executives as incentive effects variables. Combing through the relevant literature has laid a solid theoretical foundation for the research subject of this article.The third part, the Fire executives portfolio and incentive model and assumptions. On the basis of the second part, this paper constructed a preliminary theoretical model and assumptions, and the basic variables in the model to define and set the method of investigation and questionnaires, including the needs of enterprises and individual characteristics of executives, executives incentives and the incentive effect, As executives demand variable is not a unified classification of the majority of scholars, exploring obtained through questionnaires, it is listed in the fourth part of the executives demand a separate study.The needs of different individuals from differences in the characteristics of corporate and individual characteristics of a control variable. On executive incentives in real terms through to meet the needs of executives to improve their work, and this, the paper constructs a satisfaction level of executive incentive executives actively meet the level executives demand impact model and on the relationship between each variable detailed demonstration assumptions.The fourth part, demand theory and empirical analysis of the fire industry executives. This part of the first analyzed executives come to this research range from executives concept, the definition of "executive" decision-making power in the enterprise management has an important impact on corporate performance and long-term development staff, including the chairman, general manager, deputy general manager and department manager. Then needs to executives demand variables in-depth study, conducted depth interviews and questionnaire survey and exploratory factor analysis, four types of needs:survival needs, power requirements, the relationship between demand and self-realization, and demand for each type of concept definition and theoretical analysis.The fifth part, the combination of fire corporate executives incentives Empirical Analysis. This section of the reliability and validity of the incentives and motivation variables tested, the test results indicate the reliability and validity are in line with research requirements. Then conduct an empirical analysis of the relationship between variables, including:the characteristics of different enterprises, individual characteristics of executives on the importance of different incentives, different firm characteristics, individual characteristics of executives on the importance of the different needs of the combination of incentive the satisfactory level executives work analysis, the level of satisfaction of the combination of incentives on executive needs to meet the degree of impact analysis, executives demand satisfaction of the intermediary role of work and demand satisfaction, and ultimately partially confirmed the previous hypotheses, and to support the initial research model, a summary of the final results on this basis.The sixth part, the conclusions and enlightenment. The fifth part of the empirical results, we draw important conclusions of the study are:the characteristic differences between executives affect the judgment of the importance of various incentives and demand, executives incentive status quo exists dissatisfaction incentives for executives enthusiasm for work has a positive influence and play an intermediary role in the satisfaction of the needs of the incentive to work actively influence the process. The basis of the above studies, we proposed some countermeasures and suggestions should be followed in the design executive incentives to executives duplex needs as a starting point the principle of a fair and reasonable assessment of incentive-based; Based on the above two design principles in the specific combination of executive incentive model design, you need to perfect the structure of executive compensation, pay attention to adhere to the flexibility and diversification in the choice of incentives; then this paper, several combinations of incentive model for reference. needs for survival-oriented, the relationship between demand-led, power demand-led, self-demand-oriented executives combination of incentives to a total of four, each mode contains a number of major incentives, when we judge the executives of the leading needs targeted incentives to make their needs are met; standing on a macro point of view, I believe that should improve the market of professional managers, and improve relevant laws and regulations, the establishment of the Remuneration Committee, points to start. Finally, the paper pointed out the shortcomings in the study, including the external validity compared to the low side in terms of internal validity, the sample selected geographical limitations, the survey questionnaire negative incentive items less than non-material incentives lack of quantitative measurement. Knowing their shortcomings, so I hope that the future can be further analysis to explore the factors of the impact on demand, to expand the sample collection, and strengthen the non-material incentives to compensate for the shortcomings, the incentives of executives combination further and expand down.Throughout the full text of this article runs through the individual characteristics-incentives-to meet demand-the main line of the incentive effect, the use of empirical methods to prove the correlation between these variables, and ultimately concluded that,analysis of existing problems and make recommendations, the context is clear and reasonable. Hope you can follow-up on the individual characteristics of the further expansion or deepening of the fire protection industry can be a breakthrough in the study applied to other industries, the combination of incentives can explore other classification, or on a particular incentive to further have to study, in order to how to motivate executives and aroused the attention of the executive incentive.The innovation of this paper is that the article Empirical Study of the needs of the fire protection industry executives and combinations thereof, incentives, ground-breaking building fire a combination of incentive of corporate executives, and provides a new incentive for executives combination model.