Incentive Compensation For Core Workforce In Small-sized Corporation

The topic of incentive compensation for core workforce in small-sized corporation holds rich meaning in theory and management practice.Since 1993, Marxism's "overproduction" situation has produced in China's market economy development. China's corporationes, especially the competition between small-sized corporationes have not just depended on high quality products, raw materials and customers, human capital as an underlying force for development becomes new focus, especially for core intelligent.. With the continuously increasing of human capital, the brain drain of core workforce of small-sized corporation would bring unpredicted loss, even causing death warrant. For small-sized corporation which has small scale and faces intensive competition, it much more depends on core workforce,however, loss probability of core intelligent is high in small-sized corporation. To solve the problem, the traditional system of compensation and inspiration in medium and big sized corporation could not fit what happens in small-scaled corporation. There is no specific compensation and inspiration theory for small-scaled company, which causes that it is hard for small-sized corporation to realize the ultimate goal, and not to achieve a balance between input and output for human capital investment. According to the characteristics of small-sized company, the study of how to build and what kind of compensation and inspiration system in small-scaled corporation to attract and hold core force becomes a key factor for them to develop and build competitive advantages.The following is the thesis's general thinking:based on the previous research on incentive compensation for core workforce at home and abroad, one management system of incentive compensation for core workforce for home small-scaled corporation is proposed according the characteristics of domestic small scaled corporation. Finally, the proposed system is applied in a case.