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Chinese Journal of Management Science ›› 2021, Vol. 29 ›› Issue (5): 190-201.doi: 10.16381/j.cnki.issn1003-207x.2020.0103

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Research on “Dual Track” Salary Framework for Balancing Multiple Theoretical Functions

YU Shun-kun1, SONG Yu-qing1, WANG Qiao-lian1, JIA Yu2   

  1. 1. School of Economy and Management, North China Electric Power University, Beijing 102206, China;
    2. Research Institute of Science and Technology of State Power Investment Group, Beijing 102009, China
  • Received:2020-01-20 Revised:2020-05-22 Online:2021-05-20 Published:2021-05-26

Abstract: With the aggravation of competition, management mode has become an important soft power of enterprises. Fair and reasonable salary management will encourage employees to work actively. However, there are some problems in small and medium-sized enterprises, such as the confusion of distribution orientation and unreasonable wages, which indicates that the traditional wage mode is not suitable for developing enterprises. Various distribution theories are comprehensively used to sort out distribution, wages and their work, and to reestablish the indicators which affect wage distribution. Regression analysis method is used to determine the salary design, to put forward analytic hierarchy process, to determine the weight, and to design a "dual track" salary model. Using this method, enterprise leaders can meet the development needs of enterprise organizations and employees. The sample data of 10 enterprises in different industries are selected, which include 430 evaluation representatives at different levels. By using the job evaluation model, the technical problems of job evaluation in the future are solved, and the influence of subjective evaluation is reduced. The empirical analysis shows that the "dual track" wage distribution model is effective, that is, taking into account the ability, quality and work contribution of employees, it straightens the distribution, and effectively promotes the organizational efficiency. It has a wide range of universality and has been verified in the practice of many enterprises.

Key words: “dual track system”, salary structure, job value evaluation, fuzzy analytic hierarchy regression analysis

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