The Study of Compensation Risk Management in Modern Enterprise

Submitted on 22nd July 2015

With the coming era of intellectual economy, compensation management has become more and more important in business management. How to manage compensation management safely and efficiently has been the focus of attention in modern enterprise. This paper, which starts with risk recognition of compensation management in modern enterprise, analyses main sources of compensation management risk and offers countermeasures of compensation risk management to establish risk warning system of compensation management, scientific compensation system, effective incentive and restraining mechanism of the agent, scientific and standard performance assessment system and strengthen communication of compensation management.

 

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Source
IEEE Xplore
Length of Resource
4 pages
Author
Fu Duanxiang ; Inst. of Econ. & Manage., Henan Polytech. Univ., Jiaozuo, China
Date Published
Publication Type
paper
Resource Type
academic