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The development and implications of China's employee benefit systems
Author(s) -
Lin Zhaohong,
Trenberth Linda,
Kelly John
Publication year - 2010
Publication title -
asia pacific journal of human resources
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.825
H-Index - 33
eISSN - 1744-7941
pISSN - 1038-4111
DOI - 10.1177/1038411110378958
Subject(s) - china , business , employee development , process management , operations management , knowledge management , computer science , economics , political science , law
Abstract Abstract The present study aimed to evaluate the development of benefit schemes in China since the commencement of economic reforms in 1978 and to examine whether the current provision of employee benefits was associated with organizational outcomes. Based on the results of interviews with 16 HR managers/directors from different firms across China's industries, this study concluded that the present benefit types in China have become more varied and more attractive to employees compared to those in the planned economy period. The reasons were identified (e.g. employee stock ownership plans (ESOPs)), profit sharing, travel incentive and flexible benefit plans being adopted). In addition, this study found that provision of employee benefits was generally perceived to have an impact on organizational outcomes.