Non-material Incentives Of D Company Strengthened

The business competition becomes more and more serious in current society; thesocial environment becomes more and more strict and changing fast and rapidly. However,what is the core value of the competition? The answer is talent. The talents are the corevalue and motivation of the enterprise which can help the company to win and developedin the competitive business environment.How could we get the right person foraccelerating the development of the company as well as keeping the employed core talentshad become the top tasks for all companies. This question also faced by D company.This thesis take the current situation of D company which the situation for D companyis very hard when hiring and attracting the potential talents as well as keeping currentemployed talens as basis, to use the current collected information with observationalmethod、Literature reading method as well as data analysis method to find the solutionwhich could derease the turnover rate and at same time to increase the employee loyalty.Amony the data analysis, the information for processing compensation and benefitstructure and the turnover feedback of employees who left the company volunterally isthe main part of the data for using. This part could show the real reason of why employeesleave so that we could find the real factors which arouse the current result of low royaltyand high turnover rate. A sigle solution could not get the best result. Only a packagesolution could get best reward. Like co-effect on compenstation and benefit adjustment,performance reward adjustment、culture definition of the company as well as the internaltraining system set up.The author offers a system solution to fix the current problem of D company.Including: Set up the systematic training structure and internal trainer training programwhich could make sure the training plan could be taken into exectution not just on paper;Adjustment of current ongoing compensation and benefit as well as performance rewardsystem to make it more humanized; To set up more better and incentive culture ofcompany which could offer more developing space for employees; all these method as asystem could increase the employee loyalty as well as promoteing the company long termdevelopment.As we mentioned, any single method is just a part of the solution which coudl notfulfill its overall effect. The best effect could not show until more funtions involved inoptimizing this plan. Like involvement of the management team as well as functionalsupport of human resources division which is the only way to solve the problem and fulfill the best effect, finally increase the employees’ loyalty.