The Impacts of Payment Policy on Performance of Human Resource Market System: Agent-Based Modeling and Simulation of Growth-Oriented Firms

The impact of human resource management (HRM) on corporate growth is a crucial research topic, especially for growth-oriented firms. This paper aims to study how different payment policies (such as recruitment and dismissal strategies plans) affect the market system. Based HRM characteristics firms, we develop an agent-based model simulate decision-making interaction behaviors firms workers. system performance measured by six indicators: average profit, profit Gini coefficient, output payment, employment rate According simulation results statistical analysis, plan only key factor that significantly impacts all indicators other than rate, companies should pay extra attention such plans. also finds changing worker’s gap influenced industry their abilities, cap policy has positive development in startup stage.