A Study On The Equity Incentive Of H's Key Employees

At present,the international competition intensifies and the global economic form is in a downturn.Under the influence of the international situation,the market competition of Chinese enterprises is more intense.In order to improve the market competitiveness of enterprises and better respond to the market competition,how to effectively improve the management and operation efficiency of enterprises has become a widespread concern.With the improvement of China's financial system,equity incentive is more and more favored by many enterprises.Equity incentives,as an effective incentive mechanism,refer to allowing employees to achieve profit sharing and risk sharing between owners and managers by holding corporate shares.Equity incentives mainly aim to enhance employees' sense of belonging to the enterprise and enhance their own ownership through the realization of employee shareholding,so as to allow employees to complete their own work from the perspective of the enterprise,thereby enhancing the competitiveness of the enterprise and improving the performance of the enterprise.With the gradual promotion of equity incentives,equity incentives have evolved from original executive incentives to core employee incentives.However,in practice,equity incentives are not fully capable of giving due incentives.As the research object of this paper,H securities company has implemented equity incentive for core employees,but its business situation has not been significantly improved.Based on this,this paper analyzes the background,motivation and specific implementation plan of H securities to implement equity incentive for core employees,and summarizes the problems existing in the implementation of equity incentive in H securities.Through the analysis,there are three main problems in the equity incentive of H Securities: first,it is not fully combined with the characteristics of the industry to determine the core employees,and the incentive objects are not comprehensive;second,it is not clear about the principles of equity incentive,It fails to achieve the parallel of incentive and constraint,that is to say,there is no corresponding constraint mechanism at the same time of equity incentive;thirdly,it does not fully consider the differences between different incentive modes,and the incentive mode is relatively single.Thereafter,according to h There are some problems in stock right incentive of core employees in securities industry.This paper puts forward the corresponding suggestions,which are as follows: first,considering that the securities industry is a service-oriented financial industry,we should include excellent business personnel into the scope of core employees to further stimulate the enthusiasm of employees;second,we should make clear the four basic principles of stock right incentive,and at the same time,we should make it according to the systematic principle and hierarchical classification In principle,design the corresponding performance appraisal mechanism scientifically,implement the differential performance appraisal system for the core managers and core business personnel of the enterprise,and implement the corresponding constraints on the employees while implementing the incentives;thirdly,combine a variety of equity incentive methods organically to give full play to the incentive effect;based on this,this paper further proposes that in order to further protect the core of the enterprise H securities needs to establish the guarantee mechanism of core employees' equity incentive and improve the implementation of talent training and internal and external supervision mechanism.This paper analyzes the problems of h-securities core equity incentive,and puts forward corresponding proposals to improve the effectiveness of h-securities core employee equity incentive,activate the talent vitality of h-securities,so as to improve h-securities core employee equity incentive In addition,based on the analysis of H securities,this paper summarizes the corresponding enlightenment,which provides a reference for the same type of securities enterprises to implement the equity incentive of core employees,and has a certain practical value.