Chapter 5: Compensation Management
Section 1: Compensation Survey
Unit 1: Market Compensation Survey
Learning Objectives: Master the basic concepts, types, and roles of compensation market surveys, specific procedures and steps, as well as various methods for processing and analyzing survey data.
Knowledge Requirements:
1. Basic Concepts of Compensation Surveys
2. Roles of Compensation Surveys
3. Relationship between Job Evaluation, Performance Appraisal, and Compensation Management
Capability Requirements:
1. Determining the Purpose of the Survey
2. Defining the Scope of the Survey
3. Selecting the Companies to be Surveyed
4. Identifying the Positions to be Surveyed
5. Determining the Compensation Information to be Collected
6. Setting the Timeframe for the Survey
7. Choosing the Methodology for the Survey
8. Statistical Analysis of Survey Data
9. Preparing a Compensation Survey Analysis Report
Unit 2: Employee Compensation Satisfaction Survey
Learning Objectives: Master the basic content, work process, and analysis methods of employee compensation satisfaction surveys.
Knowledge Requirements: Content of Compensation Satisfaction Surveys
Capability Requirements:
1. Determining the Degree of Compensation Satisfaction Survey
2. Designing the Compensation Satisfaction Survey Form
3. Analyzing the Results of the Compensation Satisfaction Survey
Section 2: Job Position Classification
Learning Objectives: Master the basic concepts, specific steps, and methods of job position classification.
Knowledge Requirements:
1. Basic Concepts of Job Position Classification
2. Contents of Job Position Classification
3. Principles of Horizontal Job Classification
4. Meaning of Vertical Job Classification
Capability Requirements:
1. Main Steps of Job Position Classification
2. Steps and Methods for Horizontal Job Classification
3. Steps and Methods for Vertical Job Classification
Section 3: Enterprise Wage System Design and Adjustment
Unit 1: Design of Enterprise Wage System
Learning Objectives: Master the connotation and classification of enterprise wage systems, as well as the content, principles, and methods of designing an enterprise wage system.
Knowledge Requirements:
1. Connotation of Wage System
2. Classification of Enterprise Wage Systems
Capability Requirements:
1. Determining Wage Strategies
2. Job Evaluation and Classification
3. Wage Market Survey
4. Determination of Wage Levels
5. Determination of Wage Structure
6. Determination of Wage Grades
7. Implementation and Revision of Enterprise Wage Systems
Unit 2: Broadband Wage Structure Design
Learning Objectives: Master the connotation, characteristics, functions, and design process of broadband wage structures.
Knowledge Requirements:
1. Connotation of Broadband Wage Structures
2. Functions of Broadband Wage Structures
Capability Requirements:
1. Clarifying Corporate Requirements
2. Dividing Wage Grades
3. Pricing Wage Bands
4. Positioning Employee Wages
5. Adjusting Employee Wages
Unit 3: Adjustment of Enterprise Wage Systems
Learning Objectives: Master the basic meaning and contents of enterprise wage adjustments, as well as the steps and methods for adjusting wage standards and structures.
Knowledge Requirements:
1. Meaning of Wage Adjustments
2. Items of Wage Adjustments
Capability Requirements:
1. Adjusting Individual Employee Wage Standards
2. Overall Adjustment of Employee Wage Standards
3. Adjusting the Wage Structure of Enterprise Employees
Section 4: Development of Employee Compensation Plans
Learning Objectives: Master the basic principles, procedures, and methods for developing corporate compensation plans.
Knowledge Requirements:
1. Corporate Employee Compensation Planning
2. Preparation Work for Developing Compensation Plans
3. Methods for Developing Compensation Plans
4. Procedures for Developing Compensation Plans
Capability Requirements:
1. Application of Compensation Plan Tables
2. Writing Content of Compensation Plan Reports
Section 1: Supplementary Insurance for Enterprises
Learning Objectives: Master the knowledge required to design supplementary old-age insurance and medical insurance for enterprises, and be able to design these based on the company's payment capabilities.
Knowledge Requirements:
1. Concept and Contents of Enterprise Annuities
2. Management of Enterprise Annuity Funds
3. Payment Methods for Enterprise Annuities
Capability Requirements:
1. Procedure for Designing Enterprise Annuities
2. Management and Supervision of Enterprise Annuities
3. Procedure for Designing Supplementary Medical Insurance