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2023

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09

Salary Management

From an economic point of view, compensation is defined as the price at which workers create value in the market.


basic meaningFrom an economic point of view, compensation is defined as the price at which workers create value in the market.

This value needs to be obtained through job surveys, job analysis, and job evaluation; the management of this price, like the price management of commodities, requires strategy.

big tree model: It is also equivalent to the top of the tree.

In the growth of big trees, it is shown as "fruitful".

HRMEmployees of enterprises need a sense of security under the high pressure of performance management, which has now risen to the height of the law. The Labor Law and the Labor contract Law have specific standard requirements for enterprise salaries and benefits. Compensation management is more focused on the perspective of employees, so fruitful is what employees are concerned about. This is what I said earlier. The performance and salary management of any enterprise must be closely integrated. Otherwise, these two modules, which are difficult to reconcile, will be more likely to be full of flaws and have a negative impact on the development of the enterprise.