The Research For Compensation Management Of Zim Integrated Shipping Services(China)Co.,Ltd.

The thesis aims at how to improve the compensation management level of Zim Integrated Shipping Services(China)Co., Ltd.Established in 1946, Zim Integrated Shipping Services Ltd is one of the biggest shipping companies in the world. Zim' s headquarters is located in Israel and it has been keeping a fast development speed in the past 62 years. Especially during the recent years, Zim expands it's fleet sharply by ordering new container vessels. With the continuous launching of 20 mega vessels in the coming 4 years, Zim aims on winning Top 5 by the year of 2012.The business of Zim China area accounts for 40% of the whole global share of Zim. With the rapid development of Zim China, the human resource is becoming the most vital factor for Zim to win advantages in the fierce competition. A set of scientific compensation management method is the key factor to keep, motivate employees and further to maintain the competitive ability of the organization. Salary-motivation effect is becoming the most important part of human resource management. How to design scientific and reasonable salary structure and to realize its maximal effect is the necessary management means by which Zim can attract and hold talents as well as strengthen competitive capability.The first chapter of the thesis is an introduction, which includes a brief discussion about the background, significance and research method of the thesis. In the second part of this thesis, the writer will lay a solid foundation by summarizing some kinds of salary and motivational theories. The thesis also introduces influencing factors, the golden rule, compensation strategy about compensation design and several main compensation modalities. This part constitutes the basic theories of the design of Zim China' s compensation system. Finally combined with the salary present condition of Zim China, the author analyzes the top management, sales/marketing team, operation staff, document staff and other employees' salary design, and according to salary design theories, proposes the salary system suitable to various posts. In this article, the author also did the research of welfare, providing a welfare menu for the employees.