Font Size: a A A

Research On Hunan Millennium Venture Capital Management Company Salary System Optimization

Posted on:2018-09-30Degree:MasterType:Thesis
Country:ChinaCandidate:X ZhangFull Text:PDF
GTID:2359330542983760Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the operation and development of the capital market,state-owned iinvestment companies have taken on important roles in the development of the market?On one hand they enjoy the high quality investment project investment privileges and the advantages of the capital support,on the other hand,their development is also limited by policies and institutions,etc.Especially the higher authoritiesin charge of the limit of the total amount of compensation make the employee compensation is far from the market level what lead to lossing lots of employees.How to carry on the compensation mechanism reform under the existing system is the current major problems hindering the development of the company.If the company will continue to grow,it has to improve the level of employees' pay and implement effective incentive for employees.Focus on the company's pay system reform,the author analyzes the background of the company and industry.By combining the results of salary satisfaction survey,the author found that there are many problems in the original pay system,including staffs are low satisfaction on salary levels,the compensation is low external equity and the compensation system can not effectively motivate employees.Based on these issues,the author optimize the company's compensation system targetly.Firstly,the author confirmed that the ideas and principles of how to work is under control,and then assessed the value of the company's post to ensure the salaries fairness.Secondary,the author surveied the market pay level to ensure the new salary level was attractive.At last,the author estimate the effect of the new compensation system,and put forward viable plans to deal with problems that might arise.This article intends to analyze the specific process of salary system optimization,to provide a viable,practical and theoretical ideas for the design and optimization of remuneration of state investment industry which can help to find a better way to motivate employees.
Keywords/Search Tags:Hunan Millennium Venture Capital Management Company, salary system, broadband salary, salary incentives
PDF Full Text Request
Related items