Research on Strategic Design of Compensation System

摘要：

The purpose of this paper is to seek an effective strategic design in compensation system to promote sustainable development of enterprises. Methods of event studies, documentation and comparison were employed. The main context is extended with strategic approach, design procedure and key points of compensation strategy. Influencing factors and evaluation elements of general compensation strategy were discussed so that three different compensation systems could be defined and compared. Based on the survey of a number of enterprises cases in China, it can be concluded that design of compensation strategy does not limit to single type of compensation distribution, and different distribution types have different functions and correspond to various evaluation elements. Aiming at motivating employees, strategic design of compensation system would cultivated the enterprises competitive edge.

关键词： Compensation system Enterprise strategy Strategic design Job performance

作者: XU Yanwen

作者单位: College of Business, Jianghan University, Wuhan, P.R.China 430056

会议类型: 国际会议

会议名称: The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)

会议地点: 武汉

会议语种:英文

页码: 1345-1350

在线出版日期: 2010-07-10（万方平台首次上网日期，不代表论文的发表时间）