The Art of Paying Salaries

Author: Zheng Daqi
Publisher:
Publish Date: 2005-06-01
Features: Comprehensive introduction to classic case studies of successful enterprise salary payment, providing practical tips and solutions to operational challenges! The same salary system, in different corporate cultures, combined with different forms of verbal art, environmental art, and differentiation art, makes salary payment like an "invisible hand," guiding your employees to sing a harmonious team song. From the employee's perspective, salary payment is the process by which employees obtain fulfillment from the company. Through the company's salary payment, employees desire not only a certain quantity, quality, and structure of compensation but also a sense of fulfillment (including the satisfaction of material benefits, the satisfaction of human dignity, the satisfaction of self-actualization, and emotional fulfillment, etc.). Through this process, employees make evaluations and choices—evaluating themselves, evaluating the organization, and evaluating the company—selecting their behavior, choosing their work status, and deciding whether to continue staying at the company. Salary payment can be considered one of the most important yet most challenging practical issues in human resource management. This book introduces the most commonly used practical techniques and operational methods through case studies of successful salary payment practices in both Chinese and foreign enterprises. The book revolves around two core issues in salary payment: "How to discover what employees truly want and what is truly effective" and "How to achieve efficiency with small incentives." Through vivid case studies and detailed analyses, it summarizes the patterns of salary payment and offers advice tailored to the different stages of development, regions, and management levels in Chinese enterprises, ultimately aiming to maximize the utility of salary payment.