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Human Resources and Compensation Management
(MPF management, Labour Insurance, Medical Insurance consulting, Annuity advisory services, Partnership insurance)

Human resource management (HR) and compensation management have always been two complementary and inseparable modules in business operations. HR management encompasses all aspects of personnel work, including recruitment and selection, employee training, performance appraisal, and labor relations maintenance. Compensation management, as a core component of the HR system, focuses on the entire process of salary structure planning, bonus mechanism design, employee benefits implementation, and subsequent distribution. Its ultimate goal is to help companies attract top talent, stabilize core team members, and unleash employee potential, while ensuring the company maintains a competitive edge in the market and strictly adheres to all relevant laws and regulations.

 Payroll management involves a large amount of data processing and the application of complex legal provisions. It requires close collaboration with the human resources department to ensure that employees receive fair and reasonable compensation while also taking into account the company's strategic development direction and cost control needs.

Human Resource Management(HRM)

  1. Scope of functions: Covering the entire chain of human resources business, including job analysis, talent recruitment and selection, employee skills training, performance evaluation system construction, labor relations coordination, employee benefits planning and departure procedures.
  2. Strategic positioning: Modern enterprise human resource management has broken away from the traditional role of logistical support and upgraded to an important part of the enterprise's core strategy, playing a pivotal role in a market environment where competition for talent is becoming increasingly fierce.

Payroll management(Compensation & Benefits, C&B)

  1. Core job responsibilities: Planning and implementing employee salary system, incentive mechanism, welfare plan and salary tiers for promotion, while also undertaking the execution work of payroll calculation, payroll distribution and statutory insurance payment.
  2. Reflection of key values

    • Talent Acquisition and Retention: A competitive compensation and benefits package is an important factor for companies to attract outstanding talent and a key factor in reducing the turnover rate of core employees.
    • Employee motivation effectiveness: A reward and punishment mechanism that links compensation to performance can effectively motivate employees and drive them to create greater value for the company.
    • Cost and risk management: Through scientific compensation design, balance corporate salary expenditures with financial health to achieve rational cost management.
    • Maintaining internal and external fairness: Balancing external market salary benchmarks, internal job value equivalence, and salary fairness corresponding to differences in individual contributions to build a stable and harmonious internal salary ecosystem.

  3. Routine operations include: monthly payroll calculation and disbursement, quarterly and annual bonus review and payment, adjustment of labor insurance and health insurance parameters, and strict adherence to relevant labor laws and regulations such as the "one fixed day off and one flexible day off" policy and basic wage standards to ensure all operations are legal and compliant.
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– Sage Accounting Services  reserves the right to modify or cancel the above offers without prior notice.
– In case of any dispute, Xianhui Enterprise Services Limited reserves the right of final decision.
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