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The Research Of China Marine Shipping Agency Shenzhen Co.Ltd For Fair Incentive Oriented Compensation Design

Posted on:2009-05-09Degree:MasterType:Thesis
Country:ChinaCandidate:Z Q PengFull Text:PDF
GTID:2189360278962863Subject:Business Administration
Abstract/Summary:PDF Full Text Request
This thesis used the compensation situation of Sinoagent Shenzhen as an example, analysed the unfair compensation problems in the business with real data like no equal position-based payment, commonly lower salary than the market level, and no performance-related salary review system etc. Narrated Demand Hierarchy, Duel Factors, Expectation Value and Fair Incentive Theories. Based on Fair-incentive theory with considering the real situation of the business, this thesis used position evaluation method, introduced the whole process of setting up a position-based salary hierarchy with the using of Hay Job Evaluation System in the business, At the same time, used KPI method evaluate employees'performance ; Increased the proportion of variable pay to enhance employees'incentive; created an Annual Salary Adjust Model with the combination of employees'performance and the CPI of local area.The building-up of Basic Salary Hierarchy and Annual Salary Adjust Model has considered the internal and external fairness of Fair-incentive Theory, offered a good solution for the unfair incentive situation for the compensation system of Sinoagent Shenzhen . In the mean time, the author also discussed other problems remained in the compensation system of the business and provided further suggestions for improvement.
Keywords/Search Tags:incentive, fairness, job evaluation, performance assessment, force adjustment, key performance indicator
PDF Full Text Request
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