What are the four common salary systems?

Four common salary systems are: skill salary system, post salary system and performance salary system.

Skill-based salary system: employees' skills are paid as wages, that is, people's skill elements are the direct object of salary. According to the skills and qualifications of employees, employees are divided into different salary levels. In this mode, the difference of employees' salary mainly comes from the difference of their own abilities, rather than the level and value of their positions. In other words, the stronger the skills, the higher the salary. This salary system is applicable to enterprise technicians, R&D departments and professional technicians.

Post salary system: objectively evaluate the value of the post itself, and match the salary system of employees equivalent to the post value according to the evaluation results. In this mode, the difference of employees' salary mainly depends on the job category, rather than the employees' personal ability and qualifications. Generally speaking, any position is paid.

Performance pay system: Pay employees according to their performance. Performance is a comprehensive concept, which is broader than the quantity and quality of products. It includes not only the quantity and quality of products, but also other contributions of employees to the enterprise. Performance pay issued by enterprises includes bonuses and benefits, but wages, bonuses and benefits are independent and influence each other. Performance pay system is applicable to production workers, management workers and sales personnel.

Market salary system: determine the salary level of the enterprise according to the market salary level, and determine the specific salary level of the post by investigating the salary survey results of the talent market survey in this region and this industry. When an enterprise decides whether the post salary is higher or lower than the market salary level, it should consider the profitability and human resources policy of the enterprise. This salary model refers to the salary level of the market, which is easily accepted by employees and reduces the internal contradictions of employees.