Scientific Salary Incentive Mechanism Analysis

As the further promotion of reform and the successful China's WTO entry, enterprises of our country faced the new challenge. The enterprises would not be more vital and vigorous and the modern enterprise system meeting the needs of market competition would not be set up until emancipating our mind, breaking with the conventional idea further and advancing five innovation of mechanism all-sidedly. Development, ability of management and service level would be improved with reform. At the same time enthusiasm, initiative and creativity of staff would also be advanced with reform. Talents were the strategic resources and the triumphant keys of telecommunication enterprises that have the characteristics with high-tech. In the view of enterprise, rational salary reward system was one of the important factors to attract and keep pivotal staff. Staff could rest while a steady salary system was decided. At the same time the querimony could be reduced. It was the most important for enterprises to design a invigorative and effective salarysystem, which was a job enterprises pay close attention to most at present. The system would play an extremely important role to the favourable developments of enterprises.The traditional salary system of China Telecom might be said more rigidly, lagging behind the time, having strong plan color and administrative composition. With the constant development of enterprise's modernization and marketzation of social economy, the traditional personnel management mode was far from adapting to enterprises' development, which restricted the enterprises' development relatively especially having not adapted the time that the professionals' float was strengthening, talent's values were newer progressively and talent's competition of enterprises was keen.China Telecom would not develop in the fierce market competition until it understood the talent issue in the views of strategy. It was already been the priority task for China Telecom that how to take measures to attract talents, train talents and use them in the process of moving towards the market and corporatization. China Telecom should also adjust the relations of production meeting the development of productivity constantly. It must take solid paces in deepening reform and insisting the idea of "people first" in order to break a new way for gathering and using talents.It was a "double-edged sword" for enterprises to reform the salary...