HR Compensation Design For SL Company

With the development of modern market economy, the competition between enterprises has gradually evolved into the competition of human resources. As enterprises’first resources, human resources are more and more valued by enterprise managers. There is an urgent need to improve human resources administration and shape the core competitiveness of the enterprise. Compensation management is the core contents of human resources management, which is an important measure to attract, retain and motivate talent. However, there are many problems of compensation design and management existed in domestic enterprises.As a subordinate enterprise of a group company, SL Company has been newly established since early year of2010but the development is rapid. The current compensation system is not scientific and standardized, from the view of long run, it should inevitably hinder sustainable development for the company. In order to improve the management level and give full play to the role of human resources, the author have studied the present company compensation system and puts forward a proposed approach. On reviewing the related theory of compensation management, the author find the compensation problem by situation investigation, then analyze causes and put forward compensation design scheme.Through sorting of theoretical knowledge of compensation system, the paper is aimed at combining theory with practice, putting forward a set of human resources compensation scheme which is suitable for the company. By giving full play to the initiative and creative of the employees and improve the comprehensive strength of the enterprise, it helps the enterprise finally realize strategic goals steadily. At the same time, The author also hopes to give some reference for other small and medium-sized enterprise, and provide beneficial discussion on compensation management practice.