Compensation Incentive System Optimize For A Company

The competition in the 21St century rests in developing human resource and unleashing their potential.Therefore,to attract,motivate and develop human resource is an important task for companies that want to make their enterprises persistently prosperous.The design of compensation is an important part of human resources management.A scientific and effective compensation system can help an enterprise acquire human resource and construct its talent pyramid.Company A,established in 2004,is a wholly state-owned enterprise under the supervision of state-owned Assets Supervision.After several years of development,the company has stepped into a period of rapid development.The company has always been committed to promoting key construction projects and major livelihood projects,and is the main body of urban infrastructure management and regional land development and operation.The investment fields mainly involve real estate,construction engineering and design consulting services,ecological environment and engineering,new building materials,health care and education and other business sectors.The company’s scale and business projects continue to expand,but the current compensation management system does not match the company’s development,which hinders the company’s development to a certain extent.Therefore,optimizing and improving the compensation incentive system of company A is an urgent problem for enterprise managers to solve.Based on broadband compensation,motivation theories and other relevant theories,this thesis analyzes and studies the optimization of A company’s compensation incentive system.Firstly,it summarizes the development of compensation theory and incentive theory at home and abroad.At the same time,relevant theories are cited to provide theoretical basis and guidance for the subsequent parts of this thesis.Secondly,it analyzes the current situation of enterprise background,organizational structure,personnel and salary system.In the analysis process,the method of satisfaction questionnaire was used to obtain the opinions of the company’s employees,and the feedback was summarized and analyzed to obtain the problems existing in the company’s compensation incentive system.The main manifestations of the problem are lack of scientific position evaluation,lack of fairness and unreasonable structure design of salary incentive system.The reason of the problem is the lag of salary management concept,the lack of professional human resource management personnel and the limitation of the nature of state-owned enterprises.Thirdly,through the reference of relevant incentive demand theory and analysis of practical problems,this thesis puts forward the idea of optimizing the existing compensation incentive system,and introduces in detail the broadband compensation scheme based on position evaluation and the annual bonus incentive scheme based on performance.At the same time,the optimization scheme is evaluated and the implementation of the scheme is guaranteed.Through the analysis of the current situation of the company and the optimization design of the compensation incentive system,this thesis believes that enterprises need to establish a compensation system matching with the company strategy in order to achieve sustainable development in the incentive competition.Pay attention to the combination of employee growth and enterprise development,guide employees to improve their own ability,attract and retain excellent employees,enhance the company’s competitive advantage,promote the company’s further development,and achieve the company’s overall strategic goals.