Salary Management Model of Professional Managers-Based on “Agent and Salary Theory” and “Psychological Contract Theory”

Xiaoqiang Sun

Abstract


With the foundation of the modern company system, commission-procuration theory becomes the dominant mode of working out the salary management of enterprises. However, many experts from all over the world derived a conclusion that there is little connection between agent and the salary. Psychological contract theory brought new perspective and conception. Meanwhile, the core staff has been washed away due to the intensive change of the organization. To build a long-term relationship and the psychological contract theory between staff and organization plays an extremely vital rule.

Full Text: PDF DOI: 10.5539/ijbm.v4n10p194

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International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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