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TY Commercial Bank Compensation System Optimization Study

Posted on:2024-07-20Degree:MasterType:Thesis
Country:ChinaCandidate:B J LiFull Text:PDF
GTID:2569307097972239Subject:(professional degree in business administration)
Abstract/Summary:PDF Full Text Request
With the development of the economy and the acceleration of market-oriented reform,commercial banks not only have more opportunities but also face new competitive pressures.Among them,the problem of talent loss is very serious.In recent years,TY Commercial Bank has been facing problems of talent loss and shortage.To solve these problems,optimizing the salary system is a key measure.An efficient and fair compensation system can enable banks to quickly attract more outstanding talents,improve the quantity and quality of bank talents,and thus enable banks to occupy a position in the ever-changing market environment.Therefore,by optimizing the compensation system of TY Commercial Bank,it can motivate employees more scientifically and reasonably,and better attract and retain talents.This article takes the salary system of TY Commercial Bank as the research object,collects data through survey questionnaires and other research methods,and uses NVivo software for analysis to deeply explore the problems in the bank’s salary system.Research has found issues such as a lack of practicality and long-term effectiveness in incentive policies,a single salary structure,and outdated performance management.By analyzing the value of positions through job evaluation,introducing long-term compensation,strengthening differentiated and fair management,and strengthening performance evaluation management,the bank’s salary system has been optimized.A series of guarantee measures have also been designed to ensure the smooth implementation of the optimized salary system.The main research conclusion of this study is that through data analysis collected through surveys,interviews,and other methods,it was found that the salary system of TY Commercial Bank currently has problems such as inconsistent job grading standards,lack of scientific support in salary system design,single salary management,and lack of flexibility in salary composition.This article also formulates corresponding solutions based on the characteristics of TY Commercial Bank itself.The main innovation of this article is to draw on relevant human resource management theories and existing research on salary system optimization,and to incorporate results management theory.On the basis of emphasizing "fairness" and "difference",this article emphasizes goal orientation,the integration of employees’ own efforts and the bank’s strategic goals,providing new research ideas for bank salary management.In addition,this article will also use NVivio software to analyze survey questionnaire and interview data,and study the problems in the salary system from three dimensions,making the data analysis more scientific and the research more reasonable.
Keywords/Search Tags:salary system, Job evaluation, Performance evaluation, NVivo
PDF Full Text Request
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