PICC total compensation of Theory and Practice. To further implement the relevant national income distribution system reform to deepen the spirit, PICC learn from the international advanced management mode of remuneration, in August 2007 raised the total compensation model, and in 2008 began a systematic application. PICC model of total compensation philosophy and practices to the vision, mission and business development strategy-oriented, based on the strategy and determine the salaries, salary structure, pay level position, balance the economic nature of pay and non-economic nature of pay, fixed pay the relationship between pay and variable pay, and establishing a PICC pay and benefit structure.
Compensation system to better decision-making and corporate strategy, human resource strategy of convergence. This paper PICC total compensation through the combing process of exploration and practice, the application of the theory of total remuneration comments made bit by bit.
Key words: human resources; pay; total remuneration; Application
Paper Type: Applied Research
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