Salary System Optimization Of Tianjin Port Bulk Cargo Wharf Company

Globalized economic environment is becoming a challenge for the companies. The main competition ground for them on these days is on the recruitment of highly skilled employees. For this, the salary is used as the main incentive, and also as a way of recognition of the employees. The companies with the best Compensation System in their HR structure will prevail in attracting the most desirable professionals. Therefore a good Salary Administration will directly affect on the success of the company.Tianjin Port is a multifunctional port with forty thousand employees, and capacity for four hundred million tons of bulk cargo and ten million standard containers. Tianjin Port Bulk Cargo Wharf Company is owned by Tianjin Port (group) Co., LTD. The company operations consist on load/unload of bulk cargo, storage and transit of heavy equipments. The business offers also ship agency services, forwarding of goods, manpower service, packaging and processing activities and equipment leasing.’Port development, personal achievement’is the company’s motto. With the development of Tianjin Port, the optimization of the salary management becomes one of the enterprise’s human resources management core contents.This thesis uses the salary management of the employees in Tianjin Port as research object, analyzes the local compensation system and compares it with foreign companies, and offers an optimized salary management system for Tianjin Port Bulk Cargo Wharf Company based on the enterprise properties and strategic goals of Tianjin Port. Also, this thesis presents the supporting measures and conclusion to ensure the performance of this salary system. It would fill me with pride if this thesis could be the reference for the future compensation system for Tianjin Port Bulk Cargo Wharf Company.