Research On Compensation Strategy Based On Organizational Life Cycle

Strategic compensation is a set of decisions of compensation which can assist organization to achieve their goal, which can also transform organizational strategy to the practical behavior and project. Through effective compensation management which can raise and improve the core capability of organization, and it will be the main approach of Chinese corporations to acquire competitive advantages in the domestic market which have severely competition and international market full of opportunities.Based on the former study of compensation and evolution of firms,a strategic compensation system was built on this research by considering the compensation problems in terms of the strategic view. Firstly, the research disport organization life cycle for five section: introduction, rapidly growing, maturity, decline and transforming, discuss the different characters in different stage and different human resource management problems refer to these stages. Secondly, the research defines compensation strategy in terms of 3 dimensions: basis for Pay, design Issue, administrative Framework. Finally, educe the compensation strategy in terms of the different characters in different stage and different human resource management problems refer to these stages.The main contains of this thesis can be introduced briefly as follows: Preface: Introduces the background, significance of strategic compensation management based on organization life cycle and the research theme of this thesis. Chapter 1: Summary of the strategic compensation management, organizational life cycle and related theories.Chapter 2 to chapter 6: Description of the different characters in different stage and different human resource management problems refer to different stage of the life cycle, and educe the compensation strategy in terms of the different characters and different human resource management problems refer to these stages.Chapter 7: The end part sums up the main conclusions and the limitation of this thesis, farther correlative research realm...