Compensation System and Mechanism Design

Author: Sun Jianping
Publisher:
Publish Date: 2006-01-07
Features: This book elaborates on the basic concepts, principles, and methods of compensation systems and mechanism design. It discusses the three expressions of compensation systems: functional expression, tabular expression, and geometric expression, and provides detailed explanations on the reward design for three important types of employees in enterprises. At the end of the book, three commonly used corporate compensation system plans are listed. The highest realm of compensation design is to construct a compensation mechanism that helps achieve various corporate strategies and tactics, which is also one of the fundamental ideas throughout the book.