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Guangxi Telecom Total Compensation System Development Research

Author: TanZhenYu
Tutor: LiangShiYun
School: Guangxi University
Course: Business Administration
Keywords: Guangxi Telecom Overall remuneration Institutional development
CLC: F626
Type: Master's thesis
Year: 2005
Downloads: 243
Quote: 0
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Abstract


The pay system is one of the core of human resource management and the whole enterprise management involves not only the economic accounting and benefits, and is closely related to the vital interests of employees. More and more attention in the modern enterprise system of remuneration system of incentives and competition, compensation management and business development and human resources development strategy closely linked, and has penetrated into every aspect of the business, has become employees an important tool of motivation. Employee motivation is an eternal topic of the quality of staff and vitality is the fundamental driving force for the development of enterprises. Incentives, the most important economic interests, motivation, and its implementation to rely on the establishment of a sound remuneration system. As the value of the allocation mechanism and internal incentives, the pay system reflects the company's core values, establish the relationship between employees' contributions and return employees to attract, maintain and motivate. Pay as a security in the enterprise development process, incentive tools, always follow the developments and changes in the concept of remuneration, the application has been further developed. From a single remuneration to the overall remuneration, the remuneration system changes reflect the development of enterprises change. Overall remuneration \Remuneration of the external, is to provide staff with quantifiable monetary value. \Guangxi Telecom's pay system has been change in the change as your business grows. Guangxi Telecom's pay system has changed a lot since the reform and opening up, from administrative compensation system to pay system concept to the investment concept of remuneration from the cost of remuneration, from a single remuneration to the overall remuneration, salary system reforming reaction traces the development of enterprises. Guangxi Telecom remuneration system development process gradually the formation and development of the overall pay system, trying to find the overall remuneration theory and Guangxi Telecom companies adapt to the development of place to put forward their views and suggestions for the direction of development of the Guangxi Telecom remuneration system.

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