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Application on Managemengt Salary Design Problems Referring3P Salary Model

Author: XinYueBo
Tutor: XuZuo
School: Qingdao University of Science and Technology
Course: Business Administration
Keywords: Manager Salary incentives Salary Analysis 3P Salary model Salarydesign
CLC: F272.92
Type: Master's thesis
Year: 2013
Downloads: 8
Quote: 0
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Abstract


Since the beginning of the20th century, Taylor has put forward the scientific management theory, manager gradually comes onto the stage of history as a specialized discipline independently. As an important role, managers are gradually playing the important role in every organization. Excellent manager has already been a kind of scarce resource who had been paid attention by many businesses. So how to retain excellent management stuff and how to establish a scientific and orderly management talent system which had been a big problem faced by many enterprises. Obviously, compensation system design is the most effective solution among lots of solutions.The research is referring to the management salary design problems in the company, which forms four aspects:The first is theory research. Theory research mainly includes the concept of management stuff, the concept of salary, the theory of salary design, the model of salary design and Management Salary Design Problems Referring3P Salary Model. The second is analysis of salary system in H Company. Research on the selected management stuff of H Company from chemical enterprises is mainly about the whole compensation as well as external competitiveness, compensation system, compensation strategy and so on. On the basic of the detailed research and analysis we can get know of the existence problem of management compensation in H Company. The third is management compensation structure redesign. Make sure of the principles, steps and structures of salary system design, and do it according to the3P salary design model. The designation of post salary includes post setting, post valuation, market compensation survey, broadband compensation and so on. Personal Business Commitment design includes monthly PBC、the Mid-year/End-year bonuses, Long-term incentives, Profits sharing and so on. Ability compensation includes the establishment of ability index system, the evaluation of ability index, the ability compensation to cash and so on. The forth is the evaluation and improvement of management salary system implementation in H Company.The main features of the management salary design of H company are practical operation and universal operation, which can make the management salary design with its own characteristics on the basic of unchanged principles concerning its own its own situation. I hope the study could be value research materials for other theory and implementation and make its own contribution to the social economic development.

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CLC: > Economic > Economic planning and management > Enterprise economy > Enterprise planning and management decision - making > Corporate Administration > Personnel Management
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