| N Co., LTD., a private company, was founded in 1992. For recent years, depending on the effort of the manager, it has become a fast-deveploping company in the field and formed the special style of the management. However, accompanying its accelerated progress, more and more problems of internal management have been appearing and badly baffle its development. For the invitation of the company, we will made the diagnosis and try to make improvement. After enough investigation, we made this scientific and feasible system of compensateion management.According to our investigation, many these problems attribute to the compensation system which is from the planned economy. First, it makes the company fail to hire talented staff because of the uncompetitive salary. The staff can not understand the ideas from general manager and perform their duty well. Second, due to failing to reflect the value of positions fairly, the compensation is not reasonable enough for the staff. Last but not least, the compensation had nothing to do with the employee's performance; therefore, many experienced workers and technicians left the company and went to the competitors.Being an important part of human resources management, compensation management is influenced by company's strategic culture and management model. Compensation system must coincide with the performance appraisal system. In this article, the situation of the company has been investigated; the key factors influencing the compensation system have been identified. Finally, a scientific, feasible compensation system has been made under the rules of fairness, encouragement, equilibrium. |
