Research And Design Of Payment System Of Ningho Vocational & Technological College

The advent of the Knowledge Economy speeds up the popularization and industrialization of education. However, with the rapid development of the education undertaking, the phenomenon of brain drain exists, to varying degrees, in many higher educational institutions. The actual cause is the lack of a stimulating mechanism which can fully arouse the enthusiasm and creativity of the teaching and administrative staff. In current China, the cause mainly expresses itself in payment system. A competitive payment is an indispensable condition for attracting and keeping talents. If a higher educational institution wishes to win in the marketability operation, it needs not only a batch of high-level compound talents with teaching, scientific research and managing abilities, but also the joint efforts of all staff members. How to establish a payment system, taking both competitiveness and inner harmonization into consideration, to fit the characteristics of higher educational institution? It is a prominent issue many institutions especially those newly-built vocational and technological colleges confronted with nowadays.This paper begins with the introduction of research findings about related payment and stimulation theories at home and abroad, analyze the essence of payment administration, the function of payment system design, and the factors which affect the design, and explain the shaping and development process of the old payment system of Ningbo Vocational &Technological College. At the base of the above, from the angle of the College's development strategy, with the application of the latest theoretic findings, following the principles of fairness, competitiveness, stimulation and the economic rules of payment design, the paper mainly redesign the structure salary, meanwhile explore the annualpayment system by adopting the mixed methods of quality and quantity. When design the structure payment, the paper considers the three major elements which form the labor force of higher educational institutions with the aim to carry out a structure payment system chiefly judged by knowledge, duty and construction. The paper pays especial attention to the research in the importance, design principles and methods of establishing the annual payment system and knowledge payment aiming to design a new payment system of modern higher vocational colleges in accordance with the Knowledge Economy, which can not only inspire the enthusiasm and enterprise of all staff members, especially those young and middle-aged, but also stimulate the key talents so that they could bring their creativity into full play. In the end, with the comparison between the old payment system of Ningbo vocational &Technological College and the new one, the paper points out the realistic significance of the payment reform, and also put forward specific measures to guarantee the implementation of the new payment system.It is the author's creation to blend the idea of modern human resources capital and knowledge capital into the newly-designed payment system, and apply the theory of knowledge payment design into the college payment design.