Gw Engineering Companies Pay Reform Program Design

Compensation is a very complicated social economic phenomenon.It is not only related to personal interest,but also refers to the whole organization and the whole nation's economic development.Therefore,more than one centuries,compensation problem is always the hot problem which economic academe and managerial academe concern.Nowadays,compensation management has become a very important part of modern Human Resource Management.In employees' mind, compensation is not only their payment to work.It is also on behalf of employees' value,the recognition of enterprises to their employees along with employees' power,characteristics and prospects.Thus, compensation is not only the cash motivation.In fact it has become a complicated motivation method in the company's motivation system,including success motivation and position motivation.Scientific and reasonable compensation programme can blaze the employees' strong working desire and be one of the main drive of emplyees' fully devotion to their work.Meanwhile,compensation is not only the simple recognition and rewards to the employees' contribution.It has been a powerful pushing facility of the company's strategy and value form.After all,establishing a win-win and high-satisfaction compensation programme is the original intention of a company which begin to design the compensation programme.How to design and establish the suitable compensation programme,how to combine the company's strategy with the compensation programme,how to make compensation be the motivation factor?These are all the problems that the compensation managers need to solve.This thesis will base on these problems.Firstly it will introduce some useful compensation theories,and then depending on the experience of establishing new compensation programme for GW Project Company,this thesis will carefully analyzes the choices of compensation factors,the choices of compensation programmes and the choices of actualization facilities and methods.In this thesis,it gives a full-scale description of the compensation reform course and the new compensation programme of GW Project Company ,hoping that it will provide some useful explorations for the other enterprises.GW Project Company is a transitional state-owned enterprise.This compensation reform can be considered as the useful exploration of transitional state-owned enterprise in Compensation Management. I fortunately took part in the whole course of GW Project Company's Compensation Reform and the designation of the compensation programme.Based on the practical experiences,I wrote this thesis,trying to do some theoretical and practical research work on this kind of companys' compensation reform.