Research On Optimal Design Of Compensation System In Zhongxin Fire Safety Enterprise Group Limited Company

With the continuous improvement of modern enterprise management system and the advent of the knowledge economy, the level of human resource management has become a key enterprise core competitive advantage which can be obtained in the market competition. How attract and retain qualified personnel, with good talent, how rational and efficient allocation of corporate profit retention incentives for employees, which are related to the core content of human resource management-compensation management. The design of compensation system is the key factor which relations to the interests of each employee, it is to stimulate the enthusiasm of staff, trains the employee loyalty, and enhances the competitiveness of enterprises. We can say that the design of compensation system is the core issue of human resource management. For the state-owned enterprises which in the r eform of reorganization and integration phases, the compensation system change and system improvementdesign is one of the largest core difficult issues.Due to Zhongxin Fire Safety Company’s compensation system occurs incentive failure and management control weak, and so the urgent need is improved to design the compensation system. The paper makes Zhongxin Fire Safety Company research object, on the basis of domestic and international related research and theoretical overview about compensation management, analyzes the identify problems and lack of response to these issues of Zhongxin Fire Safety Company. For these issues which include lacks of an effective employee incentive compensation structure, pay levels can not reflect the value of employees, salary adjustments inside injustice prominent, specific issues such as compensation and benefits programs designed mere formality, the paper clears the improvement of the company’s compensation system design objectives, principles and ideas, specific improvements the main steps of the design. Finally, the paper proposes the compensation system optimization plan from compensation structure, compensation levels and compensation adjustments, and in order to implement the plan, the paper improves the safeguards from the performance appraisal, fair competition, four staff proposed values and corporate culture improve the program.To improve the design and management of enterprise compensation system is an important part of human resource management theory,and rational compensation system is one of the key which can build the core competitiveness of human resource management. The paper combines the new status of Zhongxin Fire Safety Company compensation system, proposes the compensation system which is designed to improve the development path. The main purpose is to provide references for the salary system reform of state-owned enterprises, while it has an important value for rich our human resource management theory and practice.