| With the development of economic globalization and the increasingly complex environment that firms encounter, employees have become one of the most active and most potential productive factors in the company. How to activate and excavate employee's vigor efficient and durable and gather all kinds of talent is a strategical question for every company. Meanwhile, the effectiveness of pay system will directly affect the utility of human resources management.Based on the theory of management and investigation and analysis of the YTTG company, with adopting the method of integrating theory with practice, combination of qualitative and quantitative analysis, this paper analyzes the faults of the former pay system, presents new pay strategy which is more combined with the company's strategy and redesign the company's pay system under the direction of total compensation theory. The new salary system strengthen the contact between performance and pay, emphasizes the salary's incentive effect, and accordingly increase the cohesion and attraction for the talents and company's core competitiveness.Based on the actual effect and evaluation of the new pay system, this paper argues that the new pay system provides a good solution to the faults in the company salary management and also has certain reference significance. |
