Research On The Problem And Countermeasure Of The Salary Management Feixi Rural Commercial Bank

Compensation management is an important component of human resources management. It is also an important means to attract talented people and reduce the loss of talent. Salary is the economic link between the employees and enterprises. It has the function of protecting, encouraging and adjusting the employee’s behavior. The rural commercial bank is the reform of the rural credit cooperatives. Compared with large state-owned commercial banks and city commercial banks, agricultural firms have disadvantages in capital scale, clearing channel and service function. In the increasingly severe market competition situation, the development of rural commercial banks is facing a great challenge. It urgently needs to innovate the management mode and improve the market competition ability. Based on the domestic and foreign research, this paper uses the literature research method and the case analysis, taking the Feixi Rural Commercial Bank as the case, from the basic concept and the related theory of the compensation management, and analyzes the present situation and the existing problems of the compensation management. This paper also describes the resulting in Feixi Rural Commercial Bank compensation management exist problems and put forward the countermeasures to strengthen the Feixi Rural Commercial Bank compensation management.This thesis is divided into five parts. The first part is the theoretical research section. This part includes the first chapter and the second chapter of this thesis. This part mainly analyzes the background, significance, current situation, method and frame of this thesis, and expounds the related concepts and theories. This part lays the theoretical foundation for the following research. The second part is the status quo, problems and causes of the study. This part includes the third chapter and the fourth chapter of this thesis. This part takes Feixi Rural Commercial Bank as an example, analyzes the present situation of its compensation management. This part of the Feixi Rural Commercial Bank compensation management in the strategic orientation, internal consistency, external competition, compensation structure and welfare projects and other issues. This part analyzes the reasons of the problems of the compensation management of Feixi Rural Commercial Bank. The third part is foreign experience analysis. This section describes the characteristics and experience of the United States and German commercial banks pay management. This part provides a reference for the countermeasures. The fourth part is the research of the countermeasure. Chapter 5 of this paper, aiming at the problems of Feixi Rural Commercial Bank compensation management in strategic orientation, internal consistency, external competition, compensation structure and benefits programs such as the presence of, and existing problems, combined with the experience of foreign commercial banks in developed countries, compensation management, put forward specific measures to strengthen the compensation management in Feixi Rural Commercial Bank. The fifth part is the conclusion. This part includes the seventh chapter of this thesis. This part summarizes the main conclusions and shortcomings of this paper, and then the further research of the related topics.This thesis through the study of Feixi Rural Commercial Bank compensation management, the main conclusions are as follows:First of all, there are five main problems in the compensation management of Feixi Rural Commercial Bank:The compensation system is lack of fairness. The compensation system is short of external equity. Performance pay is not reasonable and lack of flexibility. Welfare projects are single and lack of flexibility and targeted.Secondly, the reasons causing the compensation management problems of Feixi Rural Commercial Bank. Mainly include:compensation management is the lack of modern human resources management concept. The construction of modern compensation management system is lagging behind. Company lack of professional human resources management technology, tools and personnel. The company’s compensation management mechanism is not perfect. The company did not create a good corporate culture atmosphere.Moreover, because of the problem of the compensation management of Feixi Rural Commercial Bank. Based on the principle of equity, the principle of competition, the principle of motivation and the principle of performance, the Feixi Rural Commercial Bank need to combine the experience of foreign developed countries’ commercial banks’ compensation management and the introduction of strategic compensation management ideas. Feixi Rural Commercial Bank need to improve its pay system. Feixi Rural Commercial Bank should pay attention to compensation communication. Feixi Rural Commercial Bank need to build a performance evaluation index system of science. Feixi Rural Commercial Bank need to implement stock options and other long-term incentive strategies. Through these efforts, strengthening the management of compensation and increasing compensation management level of Feixi Rural Commercial Bank.Through the research of this thesis, on the one hand, it has to further enrich the theoretical research of the compensation management of Chinese commercial bank. It also provides a theoretical reference and method support for the rural commercial banks to improve their compensation system, the compensation management organization, the compensation management professional personnel and the compensation management. On the other hand, it is helpful to guide the rural commercial banks to improve their level of compensation management and to promote the sustainable development.