Study on the Digitalization of Remuneration Management Under Artificial Intelligence-Taking Gong Da Company as an Example

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Project Title: Study on the Digitalization of Remuneration Management Under Artificial Intelligence-Taking Gong Da Company as an Example
Author: Teng Xiangrui
Advisor: Dr. Zhang Li
Degree: Master of Business Administration (International Program)
Major: International of Business Management
Faculty: Graduate Schools
Academic year: 2022
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Proceedings
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The 15th National and International Academic Conference “Creating Shared-Value and Innovation for Sustainability” 18-20 January 2023

Citation

Teng, Xiangrui. (2022). Study on the digitalization of remuneration management under artificial intelligence-taking Gong Da Company as an Example (Master’s independent study). Bangkok: Siam University.


Abstract

In recent years, artificial intelligence has been developed rapidly in the context of the digital economy. In modern enterprise management, which is “peopleoriented”, an intelligent and digital payroll system is being promoted by theoreticians and practitioners as a new innovative system for modern enterprises. This is why an efficient and rational digital payroll system is essential. Dong Da company is a high-tech enterprise integrating science, industry and trade. After years of development, the company now has a certain influence and competitiveness in building technology. The objectives of this study were 1) To establish a remuneration management system that is consistent with the development strategy of the enterprise; 2) To establish a scientific and reasonable remuneration management system and to maximize its effect; And 3) To improve the level of digital management and to achieve dynamic management of the remuneration management system.

This paper adopted the quantitative research method to analyze the current status of the remuneration management system currently in operation at Gong Da, the result founds that: 1) The company should strengthen the people-oriented management concept, improve the managers’ humanistic management thinking, respect employees, care employees, encourage innovation at the spiritual level and the material level, and formulate a remuneration management system in line with the company’s development strategy; 2) The company should take the principles of fairness, competitiveness and incentives, through optimizing job evaluation, opening up promotion channels, quantifying job classification and intuitively quantifying results,make the company’s remuneration management system more scientific and reasonable. (3) The company needs to combine the internet, big data and other technologies to quantify the management objects and management behaviors, and to realize the digital management of remuneration on the basis of data analysis.

Keyword: remuneration management, remuneration management system, digital, digital management.


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Master of Business Administration (International Program), Siam University, Bangkok, Thailand

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