Research On Optimization Strategy Of Equity Incentive Program For Core Staff Of S.F. Holding Co.,Ltd.

With the development of the capital market and the improvement of relevant laws and regulations,in order to stimulate the enthusiasm of employees,more and more companies have implemented equity incentive plans.Equity incentives are an important part of long-term incentive measures and compensation structures.By granting core employees a certain percentage of the company's equity,the company can effectively share the benefits and risks of the company with core employees.The research object of the thesis is S.F.Holdings Co.,Ltd.,a leading comprehensive logistics company in China.In 2017 and 2018,the company granted two restricted shares of restricted stock to core employees in the form of additional stock issuance.However,after the launch of the equity incentive plan,the company experienced problems such as declining operating performance and decreasing employee satisfaction.Therefore,analyzing the existing problems or deficiencies of S.F.Holdings 'core employees' equity incentive plan and optimizing them in a targeted manner is a management problem that needs to be urgently solved for corporate human resource incentives.Based on the above background,the thesis conducts research.Firstly,based on literature research,it is guided by principal-agent theory,human capital theory,and equity incentive theory.Under the background of describing the current situation of equity incentives of S.F.Holdings' core employees,the diagnosis and Discovering the problems and reasons of core employee equity incentives at the current stage,through systematic induction and deduction,scientifically designed the optimization strategy and guarantee measures of S.F.Holdings' core employee equity incentive plans.The research conclusion of this paper is that it is very necessary for listed companies to implement equity incentives for core employees,which can stimulate core employees' initiative and creativity,and achieve a win-win situation for the company's strategic goals and personal value.However,a scientific and effective equity incentive plan must be compatible with the company's development strategy and development stage,and it needs to evaluate the value of human capital from multiple dimensions,including value contribution and future potential,in order to set the incentive share.In addition,it is necessary to scientifically set the conditions of the feasible rights to reflect the unity of incentives and constraints.Therefore,the research results of the thesis can not only provide a solution to the management difficulties of S.F.Holdings in motivating and retaining core employees,but also provide useful theoretical guidance and practical reference for the scientific and practical equity incentive schemes of peers and private enterprises.