Characteristic role of broadband pay

Characteristic role:

Broadband compensation, like traditional compensation, has the functions of maintaining, safeguarding and motivating people, preserving and increasing the value of the enterprise, and reallocating labor resources to the society.

In addition to this, broadband compensation shows unique features and functions in the following aspects:

1. Broadband compensation adapts to the needs of dynamic adjustment of enterprise strategy

2. Supports the flat design of the organization

3. Focuses on the improvement of employees' skills and abilities

4. Facilitates the job rotation and the development of employees' careers

5. p>5, to promote the improvement of performance

6, with the changes in the labor market

Extended information

Application of the principle:

1, the principle of internal equity

Enterprise payroll fairness is an important factor affecting the employees' work attitudes and work behaviors, and it is an important part of the fairness of social distribution. Australian scholar Joe E. Isaac pointed out that managers adhere to the principle of fairness in the management of employee compensation, employees will voluntarily cooperate with managers and strive to improve work efficiency.

2, the principle of strategic matching

The ultimate goal of the compensation system is to promote the improvement of human resource management effectiveness, so as to serve the strategic objectives of the enterprise. To promote broadband pay, companies should first systematically sort out their corporate strategies and establish human resource strategies on this basis. So that the establishment of the compensation system may exist in the sense that it is based on corporate strategy, with the help of compensation incentives to strengthen employee behavior, and promote the implementation of corporate strategy.

3, the principle of comprehensive incentives

Pay is not everything, must be implemented on the staff of comprehensive incentives. Enterprises should follow the means of incentives and corporate goals, material incentives and spiritual incentives, external incentives and internal incentives, positive incentives and negative incentives combined with the principle of democracy and fairness. Can also consider assessment incentives, training incentives and honor incentives and salary incentives combined.

References:

Baidu Encyclopedia-Broadband Compensation