A Study On Compensation Incentive Mechanism For Changchun Branch Of SPDB

Finance is the core of modern economy, the financial sector related to the householdand national stability.12th Five-Year Plan period, China’s industrial structure was furtheroptimized,"Made in China" gradually transformed into "Made in China", increasing therecovery of the global economy also indicates that the arrival of the new era of thedevelopment of China’s financial industry. This period is the development opportunities, butthe domestic banks are also faced with enormous challenges. After the end of the fullopening of the five-year protection period of the financial industry, China’s commercialbanks facing competition with the world of international banking. In the post-crisis era,China’s banking sector should be how to make the allocation of human resources andenterprises to maintain sustainable competitiveness is now an important research topic.Competition in the financial sector is largely for financial talent competition. So, how cansnare financial experts and marketing specialists to create a favorable environment to retaintalent, and establish a the talent competitive advantage become one of the banks face thechallenges of the most important means of competition.In this study, literature review and case studies from start to explore the general theoryof incentive pay, comparative analysis of the actual situation of the countries pay incentivemodel. Then, the history of China’s commercial banks pay system, the actual situation,problems and reasons discussed, Changchun, Jilin Province Branch of the Shanghai PudongDevelopment of State-owned commercial banks, for example, the analysis of the currentprocess and the development direction of China’s state-owned commercial banks pay reformFinally, combined with modern compensation management trends and the advancedexperience of developed countries banking compensation management, pay modelconstruction according to the status and results of the Shanghai Pudong Development Bank,Shanghai Pudong Development Bank put forward the operational rationalization commentsand suggestions.