A Material and Non-material Combined Incentive Model

Name: Work Video:
Duration: 3 min 30 s
Description: One of the targets,persured by the enterprise managers,is to use lower costs to achieve better incentive effect.By introducing the discount factor into the H-M model,we creat an incentive portfolio model which combines both the material and non-material incentives.This model can effectively analyze the improvement on the expected income of both enterprise owners and managers.
Lan Guo
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