员工薪酬是劳动力市场中最重要的价格信号,它综合了众多信息。在完全竞争、充分有效的劳动力市场,员工薪酬与人力资本有着很强的关联。薪酬是对人力资本的定价和补偿。我国A股上市公司,高薪酬的公司多数仍是传统的垄断行业。从国际经验看,“大规模研发投资—技术和产品创新—获得市场份额及高利润—更大规模研发投资”是科技公司发展壮大的基本模式,我国科技公司也尚未形成“高薪酬—高毛利—高增长”的良性循环机制。
<<Employee compensation is the most important price signal in the labor market,it integrates a lot of information. In a fully competitive and fully effective labor market,employee compensation has a strong correlation with human capital. Salary is the pricing and compensation for human capital. In my country’s a-share listed companies,most companies with high salaries are still traditional monopolistic industries. From international experience,“large-scale R&D investment-technology and product innovation-gaining market share and high profits-larger scale R&D investment” is the basic model for the development and growth of technology companies,and Chinese technology companies have not yet formed “high salary—High gross profit—high growth” virtuous circle mechanism.
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