How to Promote Cooperation in the Case of “Voluntary Salary cut”

-Based on Repeated Game Model

DOI

10.2991/978-94-6463-326-9_43How to use a DOI?

Keywords

epeated Game Model; Voluntary Salary cut

Abstract

In 2022, several companies in Shenzhen encouraged their employees to “voluntarily” cut their salaries to cope with the operational difficulties, which caused general anxiety among employees. In order to explore how to avoid the involution of “bidding for salary cut” and protect the overall treatment and employment environment of employees, this paper analyzes the case of “voluntary salary cut” from the perspectives of one-time game, limited repeated game and infinite repeated game based on the repeated game model. The conclusion shows that when employees pay full attention to safeguarding the long-term interests of the overall employment treatment, they can achieve a cooperative situation in which all employees do not reduce their salaries. Based on this result, this paper puts forward some simple suggestions for enterprise employees and enterprise decision makers.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Siyi Chen
PY  - 2023
DA  - 2023/12/30
TI  - How to Promote Cooperation in the Case of “Voluntary Salary cut”
BT  - Proceedings of the 2023 3rd International Conference on Business Administration and Data Science (BADS 2023)
PB  - Atlantis Press
SP  - 412
EP  - 417
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-326-9_43
DO  - 10.2991/978-94-6463-326-9_43
ID  - Chen2023
ER  -