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Redesign of Compensation System for DA Company
Author: BaiFengHai
Tutor: LiBaiZhou
School: Harbin Engineering University
Course: Business Administration
Keywords: DA company Compensation system Design
CLC: F272.92
Type: Master's thesis
Year: 2009
Downloads: 112
Quote: 0
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Abstract
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During the process of planning economy transforming to market economy, the reform of State-owned enterprises plays an important role in reform and opening up. The managerial system has changed continuously, including compensation system. Although the state-owned enterprise reform has achieved some success, it is undeniable that the existing pay system still has a strong color of the planned economy after the reform for most the state-owned enterprises.DA is a large state-owned enterprises located in the northeast old industrial base cities-Hereinafter the wave of state-owned enterprises reforming, DA has been successfully transformed into a joint-stock company。After 10 years of independent development, DA Company successfully merged into the Group HH with HF Company.Correspondingly, DA Company’s remuneration system experienced a merger history period from a planned economy to a market economy period, from self-administered operation to the reorganization. Therefore, DA is a typical representative of changes for China’s state-owned enterprises.However, with the further development of the economy and the market system, the existing pay system of the exposed a lot of questions, which can not meet the company’s development needs.In the full understanding of DA company real situation and development based on the vision, based on previous salary system reform of company, the objective understanding to review and summarize the DA company constantly changing environment, deep analysis and comprehensive evaluation of the current compensation system, points out existing DA company problems existed in salary and compensation system in design, and the necessity of the development strategy of high standing in the current compensation system, aiming at the existing problem of the salary system objectives, principles and procedures.Based on following strictly design procedure, the compensation system design finished job evaluation by points after job analysis. And then, reference on salary survey results, completed DA company compensation system design through the following five aspects:annual salary system for managerial force, salary point f based on job system for administrative staff and research and development team, piece rate wage plan system for production staff, agreement wage system for casual laborer and other systems. Finally this paper appraises the new salary system.
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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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