compensation system

Legal analysis: the salary system refers to the composition and distribution of salary, that is, what parts does a person's work remuneration consist of? Generally speaking, the salary of employees includes the following main parts: basic salary (that is, basic salary), bonus, allowance and welfare. The goal of salary system design is to establish a reasonable salary structure and salary system under the guidance of the company's development goals, to help enterprises attract talents, develop talents, motivate talents and protect talents, so as to finally realize the development goals of enterprises.

Legal basis: People's Republic of China (PRC) Labor Law.

Article 33 employees of an enterprise may sign collective contracts with the enterprise on matters such as labor remuneration, working hours, rest and vacation, labor safety and health, insurance and welfare, etc. The draft collective contract shall be submitted to the workers' congress or all the workers for discussion and adoption.

Collective contracts are signed by trade unions on behalf of employees and enterprises; Enterprises that have not established trade unions shall be signed by the representatives elected by the employees.

Thirty-fourth collective contracts shall be submitted to the labor administrative department after signing; If the labor administrative department does not raise any objection within fifteen days from the date of receiving the text of the collective contract, the collective contract will take effect.

Thirty-fifth collective contracts signed according to law are binding on enterprises and all employees of enterprises. The working conditions and remuneration standards in the labor contract concluded between individual employees and enterprises shall not be lower than those stipulated in the collective contract.