What Is a Compensation Structure?

The salary structure refers to the proportional relationship between the salary levels of various jobs or positions in the organization, including the relative ratio of the salary difference between different levels of work and the absolute level of salary difference between different levels of work.

Salary structure

Remuneration structure strategy, that is, which parts should be composed of compensation, how much proportion each should have; how many levels of compensation are divided, and how are the relationships between the levels.
In general, those with large levels of gaps will focus on motivating high-level personnel; those with small levels of gaps will have more equal pay.
The salary structure refers to the arrangement of salary levels of employees with different positions or different skills in the same organization. It emphasizes the number of salary levels, the difference between different salary levels, and the criteria for determining salary differences. It reflects the company's The importance of competence and its value.
The determination of the salary structure should focus on two points. One is that the formulation process should be scientific and reasonable, and the other is whether the difference between the salary is reasonable. There are generally two design ideas, one is a pay structure that tends to be equal, and the other is a pay structure that is hierarchical.
Compensation structure must meet the company's operating requirements
external
The pay structure design belongs to
ready:
1. Based on the analysis of the company's strategy, determine
1. Fixed wages
a)
Yintl in "
Basic salary of salary structure: Basic salary is the main part of the employees' labor income, and it is also the basis for determining their labor compensation and benefits. It has the characteristics of routine, fixed, benchmark and comprehensive. Basic salary
Salary Structure, Salary Structure, Salary Structure, Salary Structure.
Compensation structure is mainly for enterprises
The salary structure is composed of basic salary, welfare salary, various allowances, flexible parts of salary, and incentive salary.
First, basic salary: It is also called basic salary, which is composed of two parts: position salary and skill salary. Post salary is divided into several levels through evaluation and analysis of the value of various different positions, and corresponds to the corresponding salary. Skilled wages need to be determined based on the incumbent's education, function, ability and other factors, and correspond to the corresponding salary. However, because job evaluation and analysis and skill level assessment are a systematic project, it requires a sound management system and can only be carried out under relatively fixed positions. Therefore, for now, a fixed-rate salary system is adopted while the total salary is controlled, and the time is ripe. We will then implement salary reforms.
Second, welfare compensation: Welfare compensation is another form of compensation that emphasizes the protection of employees' future, such as medical insurance, unemployment insurance, endowment insurance, and so on. Its projects and levels are subject to relevant national, regional and company regulations.
Third, various allowances: various allowances are supplementary to salaries, some special jobs, special positions in the enterprise, or special contributions to the enterprise, and are therefore entitled to special preferential treatment.
Fourth, the flexible part of salary: The flexible part of salary refers to personal development, psychological income, quality of life, education and training, and cultural life. This is a spiritual motivation other than material incentives, and for many people, it plays an important role. This is a kind of compensation that allows employees to benefit for life.
Fifth, incentive pay: performance wages are floated in full, and each employee's performance and work performance are evaluated in accordance with the company's performance assessment standards, and the performance wages should be determined based on the assessment results. Performance compensation combines the benefits of employees with their personal performance and the performance of the company. Performance pay is paid monthly.
Summary:
The basis of survival and basic salary are the basic and necessary conditions for the survival and development of society. "The foundation of survival" is the necessity of human existence, life, existence and development. It is either edible, liveable, wearable, usable, capable of acting, or it can give people spiritual satisfaction and spiritual comfort.
People cannot leave the "basis of survival". The most obvious example is that people ca nt live without food, and people ca nt stop eating. Eating (reach) is one of the basic elements of human survival. People who do nt eat for a long time or are hungry are malnourished, Gradually dying (whoever doesn't believe it, might as well starve for a few days).
Nature gives people life and gives them the basis for survival, which is the premise of life, life, and existence. Owning and acquiring the basis of existence is the natural legal right of man.
Under the conditions of large-scale social production, the basic compensation is the labor remuneration obtained by social workers through labor to buy or satisfy the basic living elements such as food, clothing, housing, and transportation.
Total basic salary (C) = food wages + clothing wages + housing wages + substitute wages + other consumer expenditures. Or, the total basic salary C = 451.4X + 851X / n (X is the daily food expenditure standard, and n is the Engel coefficient without housing expenditure and travel expenses).

IN OTHER LANGUAGES

Was this article helpful? Thanks for the feedback Thanks for the feedback

How can we help? How can we help?