Case analysis of salary management

I understand it this way. In essence, wages are an exchange. Workers pay and get paid for their work. So how do workers judge whether this exchange is fair? People usually measure it by various comparisons.

The frequent resignation of senior technicians shows that the company has a problem with the salary policy of a group.

Salary management can measure whether there is a problem from two aspects: fairness and consistency:

First of all: fairness-divided into internal fairness and external fairness. Internal fairness means that senior technicians feel that the gap with ordinary technicians is not big and unfair compared with others in the organization; External fairness means that this case is also very low compared with the average level of other companies or markets, and the company itself has no competitive advantage.

In this case, if Director Wang of the Human Resources Department finds the cause of the problem and optimizes the company's salary management system, a competency-based salary payment system can be established and implemented in the technical department to solve the problem of the brain drain of senior technicians.