Título
Emplyee evaluation of compensation in China: The case of a branch bank
Autor
Yitian Liang
Resumo
en
This thesis discusses the compensation incentives in a Chinese commercial bank (it
will be mentioned in the thesis as “the Bank”). We analyze the payment policy, the
status of employee’s salary, the performances of the Bank, and performance indicators
for the appropriate compensation by the Bank. Data were collected through a
questionnaire sent to the employees of a small town branch of one of the largest
Chinese banks.
As observed in the study, the mechanism of base salary combined with
performance salary is well established in China. However, four main problems still
exist, (i) the overall level of salaries and employee benefits is still low, (ii) the lack of
awareness in payroll strategy, (iii) inadequate welfare and (iv) the shortage of
long-term incentive plans.
In order to compensate the weaknesses as found in this thesis, some solutions are
proposed, such as the implementation of a more democratic pay system, more weight
of long-term incentives, strengthening the pay management of senior executives, and
determining a reasonable goal for a comprehensive performance evaluation.