Research On The Construction Of Compensation System For Oil Exploration And Development Enterprises Under The Internationalization Strategy

In the process of vigorously implementing internationalization strategy,China's oil exploration and development enterprises are faced with the lack of comprehensive human resource management system and applicable compensation system and other prominent issues.At present in China,The research on international compensation management system is mainly focused on the macro theoretical research,and lack of theoretical application research.How to build an effective and applicable international compensation system by scientific method is a common concern of enterprises.Enterprise's compensation system construction is generally in accordance with the procedure of: salary survey,determine compensation strategy,job analysis,job evaluation,determine the category of salary,design compensation structure,complete compensation management program.According to the strategic orientation,choose the reasonable method and determine the appropriate compensation tactics,design the effective salary structure is an important means to ensure the compensation system of internal equity and external competitiveness.At present,the main compensation design method of expatriates are Balance Sheet Approach,host country-based method,headquarters-based method and hybrid method.Through the comparison and analysis,Balance Sheet Approach has been widely used in large multinational enterprises,and its effectiveness have been proved,that it is suitable for the application of compensation design in China's international petroleum exploration and development enterprises.So the Balance Sheet Approach is suitable for compensation design of China's oil exploration and development enterprises.This article will apply Balance Sheet Approach into the Compensation System Design of Chinese oil exploration and development enterprises under the internationalization strategy.Through the study,the author thinks that IPE job evaluation system is the most suitable for international oil exploration and development enterprises.At present,Chinese international oil exploration and development enterprises should choose the following compensation strategy,the compensation level should be located at 50 points in the market,and on the basis of International Position Evaluation,to establish a compensation system including position salary,allowance,bonus,benefits and long term incentive plan.International enterprise expatriates compensation design should keep the staff living standards and quality does not changed,set life cost allowance,quality of life allowance,and staff expatriate allowance.Expatriate employee benefits design should be choose the destination-based approach,set self-help benefits,and timely introduction of EAP program.At the same time,this article through empirical research to verify the scientific and applicability of the compensation system,for the enterprise to build a strategic guide,unified application,scientific and efficient,internationalized pay system to provide reference.