The Implementation Of Non-listed Companies To Motivate And Inspire The Performance Evaluation System

With the development and activity of the knowledge economy period, the knowledge-based enterprises are faced with how to attract and retain talented people, further as to create greater shareholder value, which are the hot topics to pay attention in this industry. Enterprises need to retire the typical payroll model, and to build a competitive payroll system to encourage people to become the core, the stability, and work-oriented focus. In this context, equity-based incentive program, that has created the myth of the incentive tools in the West, now gradually introduced and put into practice rapidly over the world.At the same time, we also have a lot of issues in the implementation of equity-based incentives program in many companies, for example: the lack of systematic planning and detailed design of science, making this incentive is only a formality, and its intrinsic role could not be released and play a real incentive, or the effect is not satisfactory. The target indicators are only focusing on the completion of some key performance assessments, and not from the business prospects to drive the overall development strategy. It becomes imbalances and short-term oriented to make the performance of enterprises.This article is based on the entrusted agency theory, incentive theory and the discussion of human capital theory, with the combination of today's domestic and foreign development of equity-based incentives program, analyze the importance of the equity-based incentives program implementing in a knowledge-based enterprises. At the same time, the paper went through major issues during the implementation of equity-based incentives - the object of incentives on performance evaluation, so the case was introduced the BSC model to evaluate the performance of employees. The author, participated in the case of a non-listed company, took the theoretical analysis, analyze the issues and search for the solutions in the practice of their equity-based incentives program. The study case describes the combination practice of an equity-based incentive program and BSC performance evaluation model, which makes this type of incentive models to the effective co-ordination of corporate strategy to achieve the objectives. Further it has played a certain role to help on corporate culture establishment and promotion. On the other hand, the case also concluded the significant differences between the non-listed companies and listed companies during the implementation of equity-based incentives; it might be helpful to any other enterprises for the exploration and implementation of equity-based incentives in practice.