Research On Cafeteria Compensation For R&D Employees In High-tech Enterprises

R&D employees are the core human capitals in high-tech enterprises, its R&D capability determines the high-tech enterprise performance and the competitive edge of products. High-tech enterprises should take effective compensation incentive means to attract and retain R&D employees. But most enterprises are still pay R&D employees in cash, while ignoring the non-monetary incentive effect on the R&D employees. High-tech enterprises’ soft power is always attract and retain R&D employees, such as enterprise culture, reasonable evaluation system and competitive compensation. The traditional compensation model has been unable to meet the diversified and personalized needs of R&D employees. Cafeteria compensation is to center on the employees, and allows employees to participate in the formulation process of compensation. It provides a package of compensation plans to the employees. So the cafeteria compensation can meet the multi-faceted needs of employees, and have far incentive effect than the traditional compensation. In the base of analyzing the current situation and feature of high-tech enterprises and R&D employees, this paper designs the cafeteria compensation model to establish the compensation has a long-term incentive effect.This paper is divided into five chapters to discuss the cafeteria compensation mode of R&D employees in high-tech enterprises: First, this paper introduces the background and significance of the research, and review of the literature on the high-tech enterprise R&D employees.The second chapter mainly analyzes the present situation of high-tech enterprises、 the importance of R&D employees、the relationship between enterprise performance and R&D funds, and the basic content of cafeteria compensation. The third chapter expounds incentive factors、current situation and problems of compensation about R&D employees in high-tech enterprises. The fourth chapter analyzes the premise、the basic principle、process and model of cafeteria compensation system based on the first three chapters. The last chapter is mainly take the A company in energy industry as an example to analyze the cafeteria compensation.In this paper, the compensation is divided into two parts of monetary compensation and non-monetary compensation, and based on the classification of the R&D employees. This paper emphasizes the importance of non-monetary incentive compensation factors of R&D employees, and advocates that enterprises should set up a cafeteria compensation department、staff welfare account and welfare menu. At the same time, enterprises should regularly update cafeteria compensation index to adapt to changing needs of R&D employees. Enterprises should change the original rigid compensation thought, and establish people-oriented management concept. In addition, the high-tech enterprises should make R&D employees become the compensation makers so that R&D employees can truly participate in the process of compensation policies, making the compensation really work the role of incentives. It has important significance to enhance employees’ sense of ownership and enterprise R&D capability.