Analysis on Salary Level of Foreign-funded Enterprises in Shaanxi Province
Journal: International Journal of Science and Research (IJSR) (Vol.9, No. 9)Publication Date: 2020-09-05
Authors : Tao Wang; Zhenchao Niu;
Page : 816-820
Keywords : foreign-funded enterprise; salary level; operating performance;
Abstract
With further advancement of opening-up, Shaanxi Province has significantly accelerated the pace of attracting foreign investment, and put more efforts in attracting foreign investment and optimized the the environment for foreign investors. More and more foreign-invested enterprises enter into the market, greatly driving the economic development of Shaanxi Province. At the same time, competition among enterprises is becoming increasingly fierce. Under the circumstances of fierce competition among enterprises, the salary of employees will seriously restrict the development of enterprises, so the salary level is of great significance to the sound development of an enterprise. This article mainly analyzes the salary level of foreign-funded enterprises in Shaanxi Province. The characteristics of the salary level of foreign-funded enterprises in different industries, regions, operating hours, R& D investment, asset scale, technological level, capital structure, and operating performance factors are respectively elaborated. On this basis, representative enterprises are selected as small samples and cross-analysis of multiple factors are made through combining with other factors so as to draw relevant conclusions and give policy recommendations.
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