Luận Văn Luận văn tiếng Anh : EMPLOYEE COMPENSATION AT THE HO CHI MINH MUSEUM CONSTRUCTION JSC

This study is on the regime of salary, wage and bonus payment at the Ho Chi Minh Museum Construction JSC. It first aims to provide insights on salary, wage and bonus, their theoretic definitions and roles as important components of an employee compensation plan. Subsequently, it will review the applications, achievements and limitations of the regime at Ho Chi Minh Mausoleum Building JSC, as an illustration for the academic background. Afterwards, suggestions and solutions will be given to improve the employee payment regime at the company.

In general, the study can contribute to the systemization and improvement of the salary, wage and bonus payment regime at public/State-owned organizations. Hopefully, better systems at many other enterprises can be made, with adjustments to the individual circumstance of each enterprise.





TABLE OF CONTENTS


ABSTRACT 6
CHAPTER I: INTRODUCTION 7
1.1. Statement of the Problem 7
1.2. Objectives of the Study. 7
1.3. Subject of the Study. 8
1.4. Scope of the Study. 8
1.5. Structure of the Dissertation. 8
CHAPTER II: LITERATURE REVIEW . 9
2.1. Overview of Salary and Wage. 10
2.1.1. Definition of Salary and Wage. 10
2.1.2. Roles of Salary and Wage. 13
2.2. Payroll Account 13
2.2.1. Definition and Roles of Payroll 13
2.2.2. Public Payroll 14
2.2.3. Construction of a Public Payroll Account 20
2.2.3.1 Legislature regulation20
2.2.3.2 Salary structures . 21
2.3. Salary and Wages In Construction Companies. 22
2.3.1. Time-based Pay. 23
2.3.2. Product-based Pay. 24
2.3.3. Package Contracts 27
2.3.4. Standards to Pay Structures 27
2.3.4.1 Educational backgrounds . 27
2.3.4.2 Craft levels of manual workers28
2.3.4.3 Pay levels of white-collar staff . 29
2.4. Bonus Payment 29
2.4.1. Definition of Bonus 29
2.4.2. Types of Bonus 30
2.4.3. Effects of Bonus 31
2.5. Bonus Payment In Construction Companies. 32
CHAPTER III: METHODOLOGY AND DATA 33
3.1. Research Approach. 33
3.2. Data Collection Method. 34
3.2. Research Methodology - Case Study. 35
CHAPTER IV: EMPIRICAL FINDINGS. 37
4.1. Overview of the Ho Chi Minh Museum Construction JSC 37
4.2. Current Payroll Systems At The HCMCJSC 46
4.2.1. Regulations on Minimum Payment at the Company. 46
4.2.2. Regulations on Pay Levels, Pay Scales at the Company. 48
4.2.3. Construction of the Payroll Account 55
4.2.4. Salary/Wage Payment Systems at the Company. 58
4.2.4.1 Time-based pay58
4.2.4.2 Job-based wage61
4.2.4.3 Product-based pay . 65
4.2.5. Bonus Payment at the Company. 67
4.2.5.1 Allowances and welfares . 68
4.2.4.2 Salary increase procedure68
4.2.4.3 Bonuses and awards70
4.2.6. Assessments on the Payroll System 72
4.2.6.1 Achievements72
4.2.6.2 Limitations and Reasons . 74
CHAPTER V: CONCLUSION 76
5.1. Recommendations for the Company. 76
5.1.1. Improve the Performance Assessment 76
5.1.2. Improve the Time-based Pay System 77
5.1.3. Improve the Job-based Pay System 80
5.1.4. Improve the Unit Cost Standardization. 82
5.1.5. Improve the Reward System 83
5.2. Limitations of the Study. 86
LIST OF REFERENCES . 88