Research Of State Owned Enterprise Manager's Salary System

As our country joins the WTO, the state-owned enterprise(SOE) will face keen competition. To promote SOE's core competitiveness managers play decisive roles. Salary is the embodiment of their human capital value, it can meet their sense of social identity and undertaking fulfillment, also it is the most important incentive way at present.Through analyzing the current incentive situation and problems of SOE managers' salary system, summarizing theories of manpower capital, agency by agreement, motivational theory, and learning from foreign advanced experience, this thesis creatively designs a new set of salary system for SOE managers in order to offer theory support and designing mentality for SOEs' distribution system innovation.The SOE managers' salary system is made up of five parts, basic income, annual reward, long term incentive, post consumption and insurance income, in which basic income is gotten through plural linear return analysis for the factors of educational training, work experience; by analyzing the model, manager's annual reward is proved relevant to his performance; according to SOEs' different developing periods, long term incentive is designed as a trending and progressive mechanism, by separately adopting the modes of executive stock option, delayed payment etc., among which the latter mode has been improved greatly; besides, some advice is given on the post consumption standard and leave-office insurance income for the SOE managers.The implementation of the SOE managers' salary system needs relevant environmental construction, concerning two respects: micro environmental construction mainly involves in founding enterprise's evaluation index system and carrying on multistage fuzzy appraisal; macroscopic environmental construction puts forward the relevant counter measures and suggestions from market construction, policies and regulations, etc.