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The Research on Compensation System of BH Real Estate Company

Author: ShenWei
Tutor: ZhaoTao
School: Tianjin University
Course: Business Administration
Keywords: real estate salary management salary design
CLC: F293.3
Type: Master's thesis
Year: 2010
Downloads: 141
Quote: 0
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Abstract


With the continuous deepening of Chinese reform and opening up, the private enterprises of China not only win a great developing opportunity but also encounter many challenges in the snowballing process of development from a small to big scale. With the national economic development and the capital construction steadily increasing, the real estate development industry gradually holds a dominant position in the boosting economic growth. The real estate development industry, which also plays the role of R & D, needs to transform different conceptual design to products and to sell their products to different customer after wrapping the production completely in its each production cycle. The process needs to change the multi-disciplinary ability into capital for investment, which makes human resources important as the main bearer of knowledge. The human beings are carriers of knowledge generation, absorption, dissemination and application, and then, the human resources are pushed to unprecedented heights and act as core resources. At this stage, the real estate business experiences a serious loss of staff, which becomes the manager’s puzzle to resolve. Though the analysis of many aspects of impact factors, this paper thinks that the salary is undoubtedly the key to attract, motivate and retain talent personnel. Therefore, it’s an important task we have to face on how to build a relatively perfect, competitive and incentive salary structure and system for scientific salary management. In this way, the real estate business can realize a sustainable development.At present, the salary design of China’s private enterprises is still unscientific. Although we have already broken the "equalitarianism" of the distribution system, the distribution system according work remains incomplete. There is still some mutual imitation, sliced chisels traces. The salary’s function as insensitive does not work. Taking BH, a real estate company as a case, through the review of the salary management theory and reference of a large number of books and cases on salary management, and combining with the features of human resource management and the status of salary system, this paper analyzes and diagnoses the company’s salary system completely, and redesign the salary system according to the characters of real estate.

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CLC: > Economic > Economic planning and management > Urban and municipal economy > Urban Economics and Management > The real estate economy
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