Research On The Strategic Compensation System Of M Pharmaceutical Co.,Ltd.

Salary management is an enterprise management activity involving the vital interests of employees.As the core content of modern enterprise human resource management,how to build a perfect salary system to realize the effective restraint and incentive of employees' behavior and provide solid support for the achievement of enterprise strategic objectives has become an issue that enterprise managers must consider.Strategic compensation is to promote the compensation management to the strategic height of the enterprise,and let the compensation management serve for the realization of the strategic objectives of the enterprise.This study takes m Pharmaceutical Co.,Ltd.as a case study,under the guidance of relevant theories and methods of compensation management,discusses the problems existing in the compensation management of the company,and based on this,designs a set of strategic compensation system that can adapt to the long-term development of the company.In terms of specific research content,this research is carried out from the following aspects: first,the specific background,purpose and significance of the research,relevant research results of domestic and foreign scholars,ideas and methods adopted by the research are explained.Secondly,it expounds the concepts of compensation,compensation management,strategic compensation and related theories,which lays a theoretical support for the follow-up research.Thirdly,the current situation of M pharmaceutical's salary system is clarified through questionnaire survey,and the existing salary management problems are refined.The fourth is to construct the strategic compensation system of M pharmaceutical industry under the framework of relevant theories and methods of compensation management,in order to provide ideas for solving the current problems.Fifthly,in order to ensure the smooth progress of the strategic compensation system,the supporting measures are implemented from the two dimensions of compensation management system and performance management system,and the implementation effect is briefly evaluated.Finally,the conclusion and Prospect of the study,the summary of the study and the suggestions for the follow-up study.The construction of strategic compensation system is a systematic project,involving all aspects of the enterprise,especially to achieve seamless docking with the strategic orientation of the enterprise,so it is difficult to achieve it overnight.In this study,m pharmaceutical industry is taken as the research object.By building a strategic compensation system that is in line with the long-term development of the company,we hope to solve the actual problems of the company and provide effective reference for the relevant enterprises to improve the compensation management.