Research On The Optimization Of Compensation Incentive Mechanism Of Boc In P City

With the further improvement of China's openness,the current society has entered a new stage of development.With the globalization of the enconimic,the competition in financial market becomes more and more fierce,and the competition between banks is inevitable.At present,the focus and core of development are all talents,and resource competition is the competition for talents.More and more banks link the long-term development of banks with talents,and salary incentive mechanism is the key to attract talents.Scientific,reasonable and effective salary incentive mechanism can effectively improve the performance level of the banking industry.Based on this,this paper studies the compensation incentive mechanism of BOC in P city based on relevant theories,literature analysis,theoretical analysis and questionnaire survey,so as to improve its market competitiveness and better promote its development.Although many scholars have studied the compensation incentive mechanism of commercial banks at present,many of them are based on the analysis of the public data of commercial banks,that is,based on the analysis of the macro perspective,and considering that the ultimate beneficiary of the compensation incentive is employees,this paper mainly studies the compensation incentive mechanism of BOC P Branch from the perspective of employees,and uses the relevant questionnaire survey data to analyze BOC P Branch employees Employees understand the satisfaction of salary incentive mechanism and analyze the existing problems of the incentive mechanism.Specifically,based on the relevant theories and literature of compensation incentive,this paper first combs the common practices of compensation incentive at home and abroad,then designs a questionnaire to study the current situation and effectiveness of compensation incentive of BOC P Branch,and finally,according to the research results,innovates and optimizes the basic salary,performance salary,dynamic salary management and welfare projects of BOC P Branch.At the same time,In order to ensure the successful of the optimization of the salary incentive mechanism,this paper also puts forward safeguard measures.Through the research,this paper finds that the asset scale,loan balance and net profit level of BOC in P city all have a certain range,but they all encounter bottlenecks.Although BOC in P city also attaches importance to its own compensation incentive,the current analysis results show that the current compensation incentive mechanism is less competitive and fair.The results of empirical analysis also show that the effectiveness of the overall compensation incentive mechanism of BOC of P city is relatively low,among which the basic salary incentive and welfare incentive are more effective,while the performance appraisal incentive is ineffective,so it is necessary for BOC of P city to further improve its current compensation incentive mechanism.In the process of improvement,BOC of P city needs to pay attention to fairness,competitiveness and strategy as well as the realization of incentives,and at the same time,the realization of sustainable development should also reflect core values.In order to ensure the smooth progress of the improvement,BOC of P city should also improve the implementation environment of compensation incentive to ensure the fairness and effectiveness of the assessment.