Author: Ran Bin Fan Haidong Tang Xiaobin
Publisher:
Publish Date: 2005-02-01
Features: This book, as an introduction to designing compensation systems based on practical experience, has distinct characteristics compared to similar books:
· This book aims to solve real-world problems in enterprises. In addition to a brief explanation of relevant concepts and theories, it provides numerous specific cases, solution approaches, tools, and operational methods developed from the authors' practical experience, offering strong practicality for enterprises.
· The theoretical foundation and methodology of this book are not directly derived from Western management theories but were gradually refined and formed during the authors' consulting process. Therefore, the theoretical basis and methodology of this book originate from the practical process of designing compensation systems for Chinese enterprises, and they have been proven suitable for the realities of Chinese enterprises during our consulting work.
· This book not only addresses compensation system design from the perspective of human resource professionals but also from the perspective of enterprise managers.
· Although this book discusses the design of enterprise compensation systems, human resource management as a whole is closely interconnected among its internal modules. Therefore, the compensation system design introduced in this book is not isolated but integrated with other parts of the human resource management system. The book's structure follows the steps of designing a compensation system, comprising eight chapters. Chapter 1 provides an overview of compensation design, discussing common issues in Chinese enterprises' compensation systems and introducing the basic theories of compensation design. The other chapters are organized according to each step or core component of the compensation system design. In our practical experience, job analysis, job value assessment and compensation tier design, employee competency assessment and compensation tier positioning, compensation structure design, and employee benefits design are considered the core steps or components of compensation system design. Therefore, Chapters 2 to 6 respectively elaborate on these five steps, providing numerous tools and case studies used in practice.
Chapter 7 discusses various methods to enhance motivation during compensation system design and introduces two approaches to implementing the compensation system.
Chapter 8 focuses on the management of the compensation system, covering topics such as compensation surveys, compensation strategies, compensation budgets, compensation management systems, and compensation satisfaction surveys. Additionally, Chapter 8 provides several mature compensation management systems and compensation satisfaction surveys for your reference.
This book aims to help enterprise managers gain a clear understanding of their company's compensation situation and design a scientific, rational, and efficient compensation system based on the steps and solution approaches introduced in this book.