Research On Salary Perception Mechanism Of Employees

Compensation management is an important content of enterprise human resources management.Scientific and reasonable compensation management can not only motivate employees to improve work efficiency,but also can improve the utilization rate of pay cost of enterprises.However,in the real society,the employees’ perceived value to the salary is often inconsistent with the objective pay value(amount of salary)paid by the enterprise,when the employees are motivated by a certain amount of compensation and employees even often underestimate their income.Companies often have a "loss" phenomenon.In order to explain the above phenomena and provide some guidance for enterprises to formulate scientific and reasonable salary management plan,it is necessary to understand and grasp the mechanism of employee compensation perception.Therefore,based on the prospect theory and psychological account theory,combined with the related research results in the field of employee salary perception,this paper uses the method of experiment to study the employees’ salary perception mechanism by taking the in-service ordinary employees as the research object.In order to make the experimental results more realistic and effective,the following safeguard measures are done.First,expand the sample size and try to organize more subjects to reduce the influence of uncontrollable factors on the experimental results.Second,do a good job before the experiment.Explain to the subjects the background of the experiment and the requirements of the experiment,so as to create a realistic experimental environment for them.Third,give the appropriate material reward to the participants as a reward for participating in the experiment so as to improve the conscientiousness of the participants in the experiment.Fourth,we will find a certain number of subjects to do pre-test before the implementation of each experiment.According to the feedback from the subjects,we can further adjust and improve the experimental materials and the experimental process.Fifth,part of the experiment will be conducted in face to face interviews and recorded throughout the course.The research is divided into five parts.The first part is used to verify five effects in the process of employee compensation perception: determining effect,reflection effect,loss avoidance,infatuation of small probability events and reference dependence.The second part is used to verify that the above five effects still exist in the process of employee compensation perception based on expected salary.The third part is used to verify the power function relationship between the perceived value of employees’ pay and the relative pay gap.The fourth part is to verify the existence of psychological accounts in the process of employee compensation perception.The fifth part is used to verify the linear relationship between employees’ comprehensive salary account value and independent salary account value.The conclusions are as follows.First,there are five effects in the process of employee salary perception: determination effect,reflection effect,loss evasion effect,infatuation of small probability events and reference dependence effect.Second,based on expected salary,there are five effects in the process of employee compensation perception.Third,there is a power function relationship between the pay perceived value of employees and the relative pay gap.Fourth,there are psychological accounts in the process of employee salary perception.Employees have different preferences for different pay accounts,and employees’ preference for various forms of compensation is salary > bonus > welfare.Five,there is a linear relationship between the perceived value of the comprehensive salary account and the perceived value of the independent salary account.The innovation points of this paper include the following two points:First,the research has a unique perspective.There are many researches in the field of salary perception,but the research perspectives mainly focuse on the classification,impact and role of salary perception,such as the impact of salary satisfaction and salary fairness on employees’ work enthusiasm.Based on the perspective of prospect theory and psychological account,this study studies the perception mechanism of employee salary.Second,it enriches the achievements in the field of salary research.Based on the research category of employee compensation perception,this paper uses experimental methods to study employees’ salary perception mechanism,and further enriches the achievements in the field of salary research.