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Summary:

For firms, the salary issue is extremely important for their business operations and development. In order to investigate this issue and to expand the role of the salary system in business management, the book presents the Consensus Salary Model for modern enterprises and further explores its theoretical foundations, decisive mechanisms and features, and provides a basic framework for designing salary systems for modern enterprises. Finally, the book incorporates empirical research to test the model.

Table of Contents:

• Machine generated contents note: 1. Introduction
• 1.1. Background of the Topic
• 1.2. Significances of the Study in Theory and Practice
• 1.2.1. Significance in Theory
• 1.2.2. Significance in Practice
• 2. Summary of the Salary Theory and its Relative Theories
• 2.1. Salary Theory
• 2.1.1. Marginal Productivity Theory of Wages
• 2.1.2. Equilibrium Price Theory of Pay
• 2.1.3. Collective Negotiation Pay
• 2.1.4. Distribution Based on the Productive Elements
• 2.1.5. Karl Marx's Pay Theory
• 2.1.6. Income Distribution Theory Combining Work and Productive Elements
• 2.2. Human Resources Management Theory
• 2.2.1. Theory X
• 2.2.2. Theory Y
• 2.2.3. Theory Z
• 2.2.4. Theory of the Strategic Human Resources Management
• 2.3. Theory of Labor Costs and Transaction Ones
• 2.4. Theory of Pareto Optimal State

• 3. Main Ideas, Research Approaches and Innovation of the Book
• 3.1. Outlines of the Book
• 3.2. Main Content of each Chapter
• 3.3. Research Approaches
• 3.4. Innovation and Issues to be Further Studied
• 4. Analysis of the Existent Salary System of Enterprises
• 4.1. Post-oriented Pay System
• 4.1.1. Structural Pay Institutions
• 4.1.2. Post-oriented Pay Institutions
• 4.1.3. Grade Pay Institutions
• 4.1.4. Post Skill Pay Institutions
• 4.1.5. Annual Salary System for the Manager
• 4.2. Ability-Oriented Pay System
• 4.2.1. Functional Pay Institutions
• 4.2.2. Strategic Pay Institutions
• 4.2.3. Expectancy Pay Institutions
• 4.3. Comparison Between the Post-oriented Salary System and the Ability-Oriented One
• 5. Institutional Background and Theoretic Foundation of the Consensus Salary System
• 5.1. Connotation of the Consensus Salary Model
• 5.1.1. Consensus to the Staff
• 5.1.2. Consensus to the Enterprise
• 5.1.3. Consensus to the Society
• 5.2. Institutional Background of the Consensus Salary Model
• 5.3. Theoretic Foundations for the Consensus Salary Model
• 5.3.1. Human Capital
• 5.3.2. Performance Management
• 5.3.3. Employees' Career Development
• 5.3.4. Enterprise Management Benefits
• 6. Features of the Consensus Salary Model
• 6.1. Equity
• 6.2. Motivation
• 6.3. Competitiveness
• 6.4. Supervision
• 6.5. Strategic Adaptation
• 7. Decisive Mechanism of the Consensual Salary Model
• 7.1. Micro Decisive Mechanism
• 7.1.1. Human Capital Investment Decisive Mechanism
• 7.1.2. Encouragement Mechanism
• 7.1.3. Propulsion Mechanism
• 7.1.4. Dynamic Adaptation Mechanism
• 7.1.5. Post Evaluation Mechanism
• 7.1.6. Cost Control Mechanism
• 7.1.7. Income Distribution Mechanism Inside the Enterprise
• 7.2. Macro Decision Mechanism
• 7.2.1. Supply and Demand Mechanism in the Labor Market
• 7.2.2. Governmental Regulation
• 7.2.3. Market-Oriented Pay Negotiation Mechanism
• 8. Framework of the Consensual Salary Model
• 8.1. Framework of the Consensus Salary Model
• 8.1.1. Post Standard Pay
• 8.1.2. Calculation of the Total Post Pay
• 8.1.3. Calculation of the Aggregate Salary Level in the Enterprise
• 8.2. Process to Establish the Consensus Salary Model
• 8.2.1. Returns to the Human Capital Investment
• 8.2.2. Enterprise Performance Evaluation
• 8.2.3. Management Efficiency Measurement
• 8.2.4. Standard Salary Level Decision in the Market
• 8.2.5. Insurance and Welfare Level Decision
• 8.3. Consensus Pay Model Operation
• 8.4. Comprehensive Comparisons Among the Consensus Salary System, the Post Salary One and the Ability Salary One
• 9. Design of the Consensus Salary System for the Enterprise M
• 9.1. Initial Compensation System of the Enterprise M
• 9.2. Conception of the Consensus Salary System for the Enterprise M
• 9.2.1. Adjustment of the Grades in the Post and Compensation for the Enterprise M
• 9.2.2. Establishment of the Consensus Salary Institutions for the Enterprise M
• 10. Conclusion.

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Author/Creator:

Li, Zhihong , author

Languages:

English

Language Notes:

Item content: English

Main Work:

Study on the consensus salary system for modern enterprises [by Li, Z.]

Other Related Resources:

Also available online: Study on the consensus salary system for modern enterprises [by Li, Z.] (Berlin ; New York : Springer, c2013 — ISBN 9783642298370)

Related Series:

Springer briefs in business (ISSN 2191-5482)

Subjects:

Wages

Wages — Econometric models

General Notes:

Includes bibliographical references (pages 137-141).
Description based on print version record.

Physical Description:

1 online resource.

Call Numbers:

HD4909 .L56 2013eb

ISBNs:

9783642298370 (electronic bk.)
3642298370 (electronic bk.)
3642298362 [Invalid]
9783642298363 [Invalid]

OCLC Numbers:

843763866

Other Control Numbers:

EBC1697956 (source: MiAaPQ)
[Unknown Type]: ybp10727139