Compensation Design Of K Company

In the management cycle of human resources management, the compensation is one of the effective means for talent retention and motivation, and the design of compensation is regarded as the ground of compensation management. The scientific compensation system has become a top priority for the survival and development of enterprises facing the fierce market competition.For the compensation management problems of K Company whose business is rapidly expanding and based on a comprehensive diagnosis of the current compensation system as well as the job analysis using point-factor method of K Company, the compensation system for the current strategies and development stage is redesigned under the guidance of modern human resources management theory in this paper, so as to provide an example for compensation design and research based on the result of job evaluation.This paper is divided into three parts:the introduction, the body and the conclusion. The introduction is the first chapter, in which the research background, the significance of the topic, the research content and methods and technical route of the paper are presented.The body part includes a theoretical basis and literature review of domestic and foreign research results (Chapter2), the status and problems of K Company’s compensation management (Chapter3, in which the main problems existing in the formal salary system are summarized on the basis of data and information collected via questionnaire survey, interviews and other methods), the compensation design of K Company (Chapter4, in which the salary level and the salary standard are designed in the light of strategic objective, evaluation result of job analysis and evaluation and other factors, and the advice and opinions from managers and employees are collected and analyzed after the new salary system is implemented). Chapter4is regarded as the focus of this paper because the point factor method is used in job evaluation so as to ensure the internal fairness.The conclusion part is Chapter5, in which the conclusion is drawn and suggestions are provided.