A Research On Problems And Countermeasures In Compensation Management Of DN Company

Compensation management is an important part of human resource management in modern enterprise management.More enterprises and employees attach importance to compensation management.Whether compensation management is scientific and reasonable greatly affects employee’s satisfaction and loyalty,and even influences work enthusiasm and retention of employees.Therefore,the enterprise must constantly and continuously optimize compensation strategy,compensation system,compensation structure,compensation level and so on,to improve the quality and efficiency of enterprise human resource management.It is necessary to promote high-quality and sustainable development of enterprises.Based on the Research object of DN Company,this paper seriously studies and analyzes the problems of compensation management,according to the knowledge of Maslow’s hierarchy of needs,equity theory,expectancy theory,two factor theory and total compensation theory with literature retrieval method,work survey method,data analysis method,etc.It is found that several problems,including the application of performance appraisal results and the compensation management mechanism of points system,need to be improved.Another problem is that non-monetary compensation cannot meet high-level demand of employees.As a result,compensation does not play the role of incentive and fairness.On this basis of the research,insisting the principles of incentive,fairness,economy and operability,this paper suggests to optimize and adjust the application method of performance appraisal results,improve a point management mechanism,establish a rank promotion mechanism,strengthen pre-training communication and implement an internal trainer management system.These measures can make compensation play a positive incentive,enhance employees’ sense of achievement and fairness,satisfy the higher needs of employees and further improve the compensation management system of DN Company.Through researching and analyzing the compensation management problems of DN Company,this thesis puts forward some corresponding measures,which is to help the DN Company to make better use of compensation to stimulate the potential of employees and promote the common development of employees and enterprises in future.Meanwhile,willing to be able to the optimization of compensation management for peer enterprises to give limited help.