Fair compensation system: Building the sustainable vitality of the enterprise

Author: Zhang Daliang, Xing Yiqun
Publisher:
Publish Date: 2007-01-01
Features: In this book, we start from the problems frequently encountered by Chinese enterprises as they transition from an unregulated to a regulated environment. We elaborate on the importance of scientifically designing compensation systems. Then, we systematically introduce the knowledge essential for compensation system design and the specific characteristics of Chinese enterprises in the process of designing and adjusting compensation systems. From a practical perspective, we comprehensively explain the process and methods of compensation system design and adjustment. By providing a real description of the compensation system adjustment process in an enterprise, we showcase the entire practice of compensation system design and adjustment. Finally, by addressing various doubts that may arise among different personnel in the enterprise regarding compensation system design and adjustment, we offer assistance to help enterprises gain a deeper understanding of the methods for compensation system design and adjustment. This book is guided by problems, grounded in theory, and guided by practice, with the hope of providing effective guidance and support for enterprises in the practice of compensation system design and adjustment.

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