The Improvement Research On Compensation System Of STC

Coke Chemical Co., Ltd. Shaanxi in Shaanxi Province is a joint-stock enterprisediversification that was set up in the basis of the coking plant in November2002.Belonging to Shaanxi Provincial SASAC State sophomore enterprises in ShaanxiProvince, it builds a first coking professional manufacturers and is known for producinghigh-quality metallurgical coke, and chemical products.After the "second pioneeringphase" of development, Shaanxi coke chemical come into the "rapid growth." A numberof issues about compensation management highlighted, such as: pay-control meansbackward, antiquated wage design system, in the rapid expansion of the Shaanxi cokechemical companies, some units, departments, there are obvious contradictions of oldand new staff… In a word, fast growing in Shanxi coke chemical industry neededstandardization and institutionalization, fine, professional management reform.In this paper, standardized methods carry out in Shanxi coke chemical’scompensation management Optimization. First, this paper grasps the leadership’sstrategic intent of Shanxi coke chemical and the expectations of staff level about payreform through high-level interviews, questionnaire survey and other means, clearingdirection and goal of pay reform. Second, expand the posts, and job classification beresponsible for the work to build a scientific and rational position management system,the formation of job descriptions and qualifications and so on. Third, job evaluationcarried out. Considering the leadership’s strategic to the development of corporatepositioning, considering the management efficiency of middle managers andconsidering the wishes and aspirations of employees from work responsibilities, workskills, labor intensity, labor conditions and other aspects of the job evaluation systemdesign. The job evaluation results are calculated on aggregate through implementing jobevaluation. Fourth, according to the result of the job evaluation, pay system for thevertical structure of jobs, pay grade, steps, etc. in Shanxi coke chemical. Shaanxi focus on the chemical level positions pay between fixed and variable pay ratio to make thedesign. Finally, combining the actual situation of Shanxi coke chemical industry,employees can take full account of the capacity and optimal adjustment of pay to bringthe total labor cost increases and decreases, the initial development of pay reformprogram will bring staff to the new import from the existing wage system compensationmanagement.Based on a number of theoretical knowledge of job analysis, job evaluation andcompensation management, combing the actual chemical company Shaanxi coke, thispaper made the application of innovation. Major innovations are as follows: middlemanagers, general management positions, the nature of workers between jobs, thedesign of a differentiated system of job evaluation; proposing a multi-position post thesalary structure; Shanxi coke chemical officer with the actual proposed Initialization ofmulti-channel programs.Salary management is an important strategic control tools. The optimized paysystem in Shanxi coke chemical will be effectively motivate staff, one of the mostpowerful weapons that support the strategic development of the company.Compensation management will also promote the standardization of human resourcemanagement, organizational management, continuous improvement.