Salary System Redesign For A Company

This papers' objective that company A is an OEM of plastic industry.She is in the stage of rapid growth which is urgent to set up the effective C&B system. Therefore the author participate in her study based on the current operational status and the problems existed of C&B system.after analysis,calculation,evaluation and finally work out a scheme of improving it to catch the rapid business development.In order to solve the problems systematically,it is necessary to take the theory and practices as basis accordingly.Thereby,the paper first proceed with the concept and then adhibit its function,structure,influence factors and the diversified compensation & benefit system and its designing principle & mindset..In succession the paper move to the phase of practices which focus on her actual operational situation and fix on the suitable strategy including the c&b strategy correspondingly.and then skip to the key procedure of designing the improvement scheme.After completion of job analysis & job evaluation,make salary market survey, identify her positioning,redesign the salary rank,confirm the new structure.And also provide the suggestion to modify various benefit & welfare benefit.At last fulfill the new compensation & benefit scheme.For the new system implemented,mainly focus on the whole practicing plan & the problems highlighted in the process which is subject to ensure the new system transition smoothly.The paper is always keeping the main function of C&B i.e.motivation and remaining the designing principle i.e.fair,costing and competitive while designing the system.Based on the company strategy as a guideline,it is the key points that salary strategy serves to company development strategy.And take its scientific & effectiveness as direction,to provide the strong support to the business development.