| In the times of knowledge economy, the competition pressure makes more and more enterprise to gain competition advantages through HRM(Human Resource Management) strategy. Rewards system and Compensation play a way role in attracting, motivating and retaining employee. At present, however, about 80% of business is based on the operation and management of the pay process operation. There are a little of company which based on the strategic management. The problems are which about company performance and compensation of managers have been studied repearly, So the combination of the various stages of their development strategies and competitive pay and suitable strategy designed to meet the matching salarie strategic in the study is relatively smaller. Compensation system is one of the most basic and most important management systems of enterprises. Starting with the related compensation, this paper of focus on the combing on the compensation and Benefits management and the strategy of the enterprise, keep an eye on the present need of the employees to achieve the internal equity, external equity and individual equity. The paper involves the entire process of the establishment and management of the compensation system in similar enterprises.The paper of the firstly introduce the concept and related theories of the compensation, compensation and benefits management. Secondly, analyzes the present compensation system of the company. Thirdly, according to the research and combining the present condition of the company: The new compensation system of the company has been designed. At last, discusses some issues in compensation administration. |
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