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The compensation incentive effect of athletes: A structural equation model
Huan Zhao1, Zhaoxia Liu2, Susu Zhang3
1Sports Coaching College, Beijing Sport University, Beijing, China.
Athlete compensation significantly impacts performance incentives. Direct economic and non-economic factors, alongside indirect non-economic rewards, boost motivation, with direct economic satisfaction being most influential for athletes.
Area of Science:
- Sports Science
- Organizational Behavior
- Economics
Background:
- Athlete compensation is a critical factor influencing performance and motivation.
- Understanding the nuances of incentive effects is vital for sports management.
- Existing literature provides a foundation for exploring compensation's multifaceted impact.
Purpose of the Study:
- To investigate the compensation incentive effect on athletes.
- To establish a comprehensive assessment index system for athlete compensation incentives.
- To empirically test theoretical hypotheses regarding these effects.
Main Methods:
- Literature review to formulate hypotheses.
- Development of an assessment index system for compensation incentives.
- Structural equation modeling applied to survey data from 352 athletes across six provinces.
Main Results:
- Direct economic, direct non-economic, and indirect non-economic compensation satisfaction positively influenced athletes' incentive effect.
- Indirect economic compensation satisfaction did not show a significant effect.
- Direct economic compensation satisfaction emerged as the most significant factor influencing the compensation incentive effect.
Conclusions:
- Compensation design for athletes should prioritize direct economic satisfaction, encompassing basic pay, bonuses, and subsidies.
- Strategies to enhance athlete compensation structures are recommended.
- The findings offer insights for optimizing incentive systems in professional sports.
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