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Research On Optimization Of Employee Compensation Incentive Plan Of AM Pharmaceutical Company

Posted on:2019-12-25Degree:MasterType:Thesis
Country:ChinaCandidate:L CuiFull Text:PDF
GTID:2439330545460276Subject:Business administration
Abstract/Summary:PDF Full Text Request
In the twenty-first Century,talents have become the key to company competition,and the human resource management is the main channel for companies to improve their competitiveness.For any industry,companies are in need of comprehensive and professional talents.With the help of effective talent strategies,companies can speed up the pace of business development and achieve business goals.For modern companies,there is already the trend of talent marketization.If companies want to achieve sustainable and sound development,they must pay attention to talent strategies,and constantly attract,retain and motivate talents,so that companies can establish themselves in the fiercely competitive market.The salary incentive is an important part of talent strategies.A good salary incentive scheme can not only improve employees' working enthusiasm,help them achieve maximum efficiency,but also improve the human resource management,and enable companies to better implement the talent strategies.The increasing attention of the modern companies has been drawn to the salary incentive scheme.It is essential to optimize and improve the salary incentive schemes of companies.Taking the AM pharmaceutical company as a case,this thesis analyzes the status quo of the employee salary motivation in the AM pharmaceutical company,uses effective questionnaires and interviews to dig out the existing problems,and redesigns the salary incentive scheme accordingly.The ultimate goal is to ensure that the salary incentive scheme of the AM pharmaceutical company can be further improved,so that it can become the company's competitive advantage and help achieve better development.This thesis focuses on the optimization research of the salary incentive scheme of the AM pharmaceutical company.The first part analyses the environmental factors of the AM pharmaceutical company and the status quo of the employee salary incentive.The SWOT analysis is conducted on the AM pharmaceutical company,and an in-depth investigation is conducted to understand the salary structure and welfare policies of the AM pharmaceutical company,and to elaborate on the status quo of the salary incentive scheme.The second part mainly analyses the survey on the salary incentive and the existing problems of the AM pharmaceutical company.Questionnaires and interviews are used for the in-depth company survey and for finding out the real situation of the company in terms of the salary incentive system,and the existing problems.The third part is about the optimization design of the salary incentive schemes for employees.And the fourth part is about the guarantee of implementing the salary incentive scheme for the AM pharmaceutical company employees.Through the research of this thesis,the following conclusions can be drawn:(1)The problems existing in the AM's salary incentive scheme mainly include: unreasonable salary scheme,insignificant incentive effect,single incentive scheme,imperfect performance appraisal system,and t.Incentives,salary incentives and career mismatches;(2)Combining the current status and problems of the AM pharmaceutical company's salary incentive scheme,the optimization design is divided according to positions after the optimization objectives are set.Separately formulate the salary optimization for functional personnel,optimize the pay for professional and technical personnel,production personnel,and salespersons.Through the optimization of the salary incentive scheme for these departments,the effectiveness of AM's salary incentive scheme can be improved.;(3)Based on the optimization design of the salary incentive scheme for employees of the AM Pharmaceuticals.This thesis focuses on the research of the optimization of the salary incentive scheme for AM Pharmaceuticals employees to solve the existing problems.By formulating a salary incentive scheme that is more in line with the company's own situation and the industrial overall situation,the ultimate goal is to enhance the company's capacity to manage the salary and human resources,which will ultimately help the company achieve its business goals and take an advantage in the increasingly competitive industry.
Keywords/Search Tags:Salary Incentive, Salary Optimization, AM Pharmaceutical Company
PDF Full Text Request
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