The Research On Compensation Management Reform Of Changfeng Sofa Co.LTD

Being a basic motive power promoting the economic and social development, compensation contribution relates to the healthy development and stable operation of the national economy from the macro angle, and it is also a key factor deciding the success or failure of an organization from the micro angle. To the employees, compensation has not only meaning on economics, but also meaning on psychology and sociology. Effective compensation management in an enterprise has great encouragement effect and produces positive influence on employees'work attitude, behavior and achievement. Whereas, it will seriously block the development of an enterprise. Therefore, the research on compensation management is a very important topic in the business management activity.Changfeng Sofa LTD is an enterprises newly established on the base of the former collective ownership enterprise, whose original compensation management system has a lot of malpractices not corresponding with the development of modern enterprise and the principle on market economy. While the reform of state-owned enterprises is pushed in deep, the company will take this as a turning point to implement all-round reform including reform of compensation management system, to set up a complete set of human resources management system taking compensation and achievement management as the core and realize high-efficiency operation and sustained and rapid growth of business results.According to the theories and methods on modern compensation management, this thesis makes analysis and research aiming at the compensation management reform of Changfeng Sofa LTD. Starting with the present situation of the company, the author analyzes the problems existing in the compensation management and the reasons for these problems by the means of standard research, inquiry and investigation; then analyzes the factors influencing the compensation reform of the company from the angle of key issues, internal & external environments, managerial level and employees of the company; works out the tactics on the compensation reform under the precondition of human resources optimization; finally complete the design of a complete set of practicable compensation program containing compensation amount, compensation level, compensation structure, compensation adjustment and so on. In the end, the author gives an estimation of the effect of the compensation reform program, points out the challenge arising in the program implementation and summarizes the enlightenments obtained during the reform course. The topic studied in this thesis, in the period of the current reform of state-owned enterprises, shows its considerable importance and catholicity. The research result is of certain significance in guidance and reference to the enterprises with similar background and situation.