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Study On The Compensation System Of YZ Company

Posted on:2013-09-06Degree:MasterType:Thesis
Country:ChinaCandidate:C P HeFull Text:PDF
GTID:2249330395483282Subject:Business Administration
Abstract/Summary:
With the rapid development of knowledge innovation and economic globalization, high-qualified human resource has not only been the strategic resources related to the existence and development of enterprises, but also becomes one of the important symbols of the core competitiveness. The rival of the companies, to some extent, is the rival of the talents. It’s an important guarantee of the sustainable development of the company to perfect the compensation design system scientifically and effectively, thus to arouse the initiative and creativity of human resources of the enterprises. Compensation management is the important part of human resource management. To establish a scientific, systematic and effective compensation system plays a decisive role to balance the profit of the enterprise and the staff and to maximize the profit of the company in order to make the company acquire the key competitiveness in the era of knowledge economy. Therefore, compensation design system is one of the core issues of human resource management. Establishing a human resource compensation management system with an innovative mechanism can not only arouse the working enthusiasm of the staff, what’s more, a scientific innovative compensation system can provide a strong power for the achievement of enterprise strategy which in turn lays a solid foundation of a stable long-term development.On the basis of the elaboration of compensation management study theory, it exploratory raises a train of thought and solution to optimize these problems by the analysis and diagnosis of compensation management system of YZ Company. Furthermore, it takes the reform of distribution system as the entry point of the development strategy and designs an encouraging salary system which fits the development strategy.It gives the discussion by five parts. First is the summary which elaborates the study objective and the meaning and raises the study method. Second is the sketch of related salary study system theory. Third is the statement of the present basic situation of YZ Company and the human resource management. Fourth is the analysis of the existing problem and reason of the original salary system of YZ Company. Fifth is the bringing up of re-designed proposal of salary system, based on the characteristic of management, administration and production system and combined with company development strategy.
Keywords/Search Tags:compensation management, compensation system, position compensation
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