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Optimization Design On ATS Skilled Workers’Compensation System

Posted on:2014-08-21Degree:MasterType:Thesis
Country:ChinaCandidate:J J XieFull Text:PDF
GTID:2309330422489260Subject:Business administration
Abstract/Summary:PDF Full Text Request
Since the second half of2011,due to the blind expansion and over output ofChina’s PV industry a few years ago,the product prices decline rapidly.Besides,the United States and the European Union has put on a "double reverse" sanction onChina’s PV industry,causing the situation even worse.As one of the PV companiesATS Company has many technical workers and play a pivotal role in the businesstransformation.It is of great strategic significance to have a scientific and practicalremuneration system in order to attract and retain the technical staff, mobilize theirenthusiasm for work and creativity and enhance the company’s competitiveadvantage.This paper aims to establish an efficient and fair remuneration system tobetter play the technical staff’s enthusiasm,encourage technical staff to improveindividual performance, which can contribute to a higher pay and promotionopportunity.Based on the company’s salary system and satisfaction research of the skilledstaff, this paper points out that the company’s existing remuneration system has theproblems of a single pay structure,low external and internal equity, poor welfaresystem and lack of incentive effect.As a result,it is necessary and vital for ATS tooptimize the salary system.In the optimization design process,first of all,based on the general salary-design system,we have done a work analysis and salary research,then finally wehave the main factors that can affect the salary system.Secondly,we have re-planned ATS ’ incentive compensation plan.In the new program,we re-design thepost level and combine the performance salary to the post salary in order to improvethe individual performance. Also, we have mentioned the fairness andreasonableness on the seniority wage,overtime pay and the benefits.Finally,wehave put forward some safeguards to better the performance appraisal system, establish a good salary communication mechanism and strengthen the incentive effectsof related systems....
Keywords/Search Tags:ATS, Technical Staff, Salary System, Merit Pay
PDF Full Text Request
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