Research On The Salary Incentive Mechanism Of JOY English Training Company

Abstract:With the continuous development of the economy, the competition among enterprises has become increasingly evident. So that more and more companies recognize the importance of the importance of incentives to improve staff, Enterprise’s survival and development plays an important role.Remuneration is currently the most important and effective means of all the incentives.It is a core part of the human resources management staff incentive.The biggest factor is the remuneration to attract and retain key employees,So incentive pay have a significant impact on the enthusiasm of the staff and satisfaction. Now most companies continue to improve the pay system to improve the pay agencies,By drawing the pay levels of the market-oriented, and constantly improve and strengthen pay incentives.Its purpose is to improve the level of enterprise resource management, and increase the competitive advantage,So it is a great significance to strengthen the pay incentives.JOY English training company as a Middle or Small enterprises, although human resources management system is good, but there are still some problems. For example, a single type of pay awards and structure is irrational, salary incentive mechanism is not in accordance with the job to complete design and implementation, So you can not complete response staff needs, so that the entire remuneration incentives weakened. By depth interviews with staff and research analysis, JOY English training company’s incentive compensation mechanism of the status quo, as well as some problems.Thus the incentive pay based on the employee satisfaction of the structure. At the same time combined with the characteristics and needs of different employees, the continuous improvement remuneration incentives followed the design principles and combined with the competition, fairness, length, designed a comprehensive remuneration for JOY English training company incentive system.This paper total has five chapters. Chapter I, introduces the core concepts of the thesis for thesis research background and research significance, research ideas, structural arrangements and research methods. The second chapter is the theoretical basis of this thesis, expounded this thesis incentive theory, incentives and remuneration theory. The third chapter describes the basic sistuation of JOY English training company, through questionnaires and in-depth interviews, analysis of the problems that exist in the company’s current incentive pay system. Chapter fourth, designed the objectives and principles of the remuneration incentives. For the staff of the importance and satisfaction of existing salary structure and incentive factors, combined with the needs of employees of different job categories targeted pay incentives designed. Chapter fifth having an evaluation of remuneration incentives implementation. At the same time, pointed out the need for attention in the the remuneration incentives run the supporting measures and implementation process.