Case Study On Internal Control Of Employee Compensation In M Company

The internal control of employee compensation is an integral part of the internal control of enterprise human resources and the formulation and implementation of effective internal control of employee compensation is also the requirement of internal control of enterprise internal environment.Under the background of market competition and increasingly fierce talent competition,the competition of enterprises is fundamentally talent competition.In order to increase the competitiveness of enterprises,strengthening salary management is an inevitable trend of enterprise management.In the field of compensation management,there are many researches on the design of compensation system,but the research on the internal control of employee compensation is relatively insufficient.Most Chinese enterprises don't pay enough attention to internal control of employee compensation,and there are problems in system design and implementation.Since,study and improve the internal control of employee compensation can not only provide the reference and supplement for internal control of employee compensation research,but also is advantageous to the enterprise for a fair and transparent staff salary system and ensure its effective operation,constantly improve their own management level,make the employee benefit guaranteed,improve employee satisfaction,staff motivation,so as to secure the foundation of the enterprise,promote enterprise sustainable development and the realization of the strategic objectives,thus has a certain theoretical and practical significance.Based on the classical theory of internal control,to the enterprise internal control basic norms requirements as the basis,with relevant national laws and regulations for reference,through the study of domestic and foreign related research achievements of internal control,this paper adopt the method of case analysis,take the M company employee compensation system of internal control as the analysis object,to explore the internal control,perfect the enterprise internal control of employee compensation.Firstly,on the basis of previous studies on internal control and compensation management,this paper combined with the attributes,characteristics and functions of employee compensation management,innovatively summarized and explained the connotation,objectives,methods,processes and key risk points of employee compensation internal control.On the case study,this paper first introduces the general situation of M company,and then explains and analyzes the internal control organization system,risk assessment,control activities,information communication and internal supervision of employee compensation,and this paper understands the actual operation and implementation of internal control on employee compensation through the company's network channels and interviews.In this paper,compared with the internal control evaluation standard and ?application of enterprise internal control guidelines? and using an internal control evaluation form,the analysis and research discover that on the whole,the internal control of employee compensation in M company is reasonable and scientific,and the control activities are relatively effective,which can basically achieve the control purpose.However,there are still problems that risk assessment on employee compensation is not perfect,the system of post-performance evaluation is not perfect,the communication of employee compensation information is not smooth,and the internal control process of employee compensation is not perfect,which hinder the internal control of employees' compensation to prevent risks and stimulate employees' enthusiasm.In order to improve the internal control of employee compensation of M company and help it achieve strategic goals,the author combined with theoretical knowledge and put forward corresponding measures and Suggestions,including: improve employee compensation risk assessment;To establish and improve the post-evaluation system of employee compensation;To establish the mechanism of employee compensation non-confidential information disclosure;Improve the internal control process of employee compensation.These Suggestions can also serve as a reference for the internal control of employee compensation in other enterprises,and play a role in helping to establish and improve the internal control of employee compensation in other enterprises.