degree of your mother today by news search, found a pay cut became the first car prices search keywords to boot. Just start to feel very awkward, watched the news and thought better of it, which can be considered epidemic under China’s car prices experienced rite: in every case the result of the development of China’s automobile industry is external pressure, but this time, employees also to follow up the new normal.
to break the mindset with the market
Click keyword search, we found the number of car firms to carry out a lot of adjustments this year. For example, Great Wall Motor announced the 2020 sales target lowered from 1.11 to 1.02 million, while net profit forecast from 4.7 to 4.05 billion yuan, and decided to revise the equity incentive plan.
and Guangzhou Automobile adjustment target, it is also a way to take compression administrative expenses. According to “Beijing Daily” reported that Guangzhou Automobile Group Chairman Zeng Qinghong said the company expected this year, car sales growth target from the original 8 percentage dropped to grow by about 3 percentage, the target down, Guangzhou Automobile Group sales in 2020 is expected to be 2.12 million. Meanwhile, the Guangzhou Automobile will take a series of measures to control costs, management costs, including compression, reducing the travel accommodation and transportation standards, design costs and other more pragmatic initiatives.
Previously, as head of SAIC, also for its Shanghai Volkswagen, Shanghai GM, SAIC Chase and other major company’s management and compensation system for a series of adjustments.
As the industry after another restoration, will soon have more car companies will follow this trend, the adjustment of the annual target, and employee incentive and compensation mechanism optimization.
In fact, as closely linked to the economic cycle the automotive industry, both enrollment layoffs, salary adjustments are a very common thing. Itself automotive industry compensation system is composed of a base salary and performance, which not only marked the opening of a market-oriented industry, also shows the development of the law more benign health industry, in a timely manner to break the “iron rice bowl” of thinking, and industry cycle, economic cycle “same breath” will help car companies go further, more robust.
this point, more multinational corporations to start earlier in this regard, but also more radical.
Source: Automotive commune
major statistics show that the global automotive industry has actually experienced a period of volatility the past two years, from November 2018 to start , major car firms to follow the changes in the industry have opened the reform plan, optimize the post adjustment, car lineage to cost control, Eight Immortals, recount.
for the Chinese car prices, break the mindset is the top priority. According to market conditions to determine as soon as possible, and to safeguard the interests of employees in the adjustment to maintain its combat effectiveness, car prices are the only way to return to positive growth.
to adjust the pay system is a means to reshape the target
In the above adjustment, you can hear some discussion such is not the change in the industry and so on, this is a normal phenomenon. After all, in the past few decades, China’s automobile market did not return a few similar things occur.
a lot automobile industry accustomed to double-income workers, accustomed to a full merit pay, even in some of the general performance of the enterprise, wages horizontal comparison in other industries have obvious advantages, this is actually planted the seeds of the problem . For example, some companies had a good foundation in recent years gradually falling behind, partly because the original closed compensation system dragged down the overall operating efficiency, enable enterprises to throw off the burden of the high cost of development. Foreign cases in this regard are more like GM had to take bankruptcy protection in 2008 was a way to spend the salary crisis.
In our view, in the adjustment to develop a more flexible and efficient compensation system, highly motivated initiative and creative talent, it is adjustment must adhere to the purpose.
pay system is one of the most important aspects of enterprise management, a good system to promote innovation, make business more flexibly and efficiently respond to market changes. In the case of a drastic change in the market or face a critical point of innovation, resources should be tilted to be able to create higher-value employees, including performance bonuses, so as to discover more employees have the ability to play and promote the sustainable development of enterprises, survival of the fittest .
During adjustment, there are several key points:
1. To transparent. Transparent rules, in order to have full knowledge, to know the direction of efforts, while also avoiding the black-box operation.
2. Reasonable assessment. Assessment is reasonable, is the key to system performance can play a role. In different nodes, assessment methods need to change. For example, in the moment, if the provisions of said March wholesale volume able to fulfill the number of how many units would deduct wages, demotion, which is obviously unreasonable. The open arrangement, only partially adjusted performance bonus, attendance bonus prize struggle into production, not only to inspire employees to struggle awareness, but also through transparent initiatives to avoid some mild resistance adjustment.
car prices rite
did not go through things people do not mature, the same company. China’s automobile market surging in recent years, although there have been ups and downs, but overall stable. And now, we seem to have reached a crossroads:
a: environmental pressures forced the entire industry to electric transformation, but electric vehicle infrastructure is still under construction, there is no significant reduction in battery costs;
[123 ] II: intelligent network-linking of proposed new proposition for car prices, car prices this one is the traditional short board, are not good;
three: the global auto market cooling, China is no exception. And then the aftermath affected by the outbreak, all car prices are likely to encounter funding chain tight situation.
The first two points, a burn, and the third point is to make money burning car prices. Especially the third point, even if the epidemic in the past, retaliatory automobile market will grow it? I think the answer may not be optimistic.
Therefore, the car prices this is really reached the moment at stake, we call this industry rite. The adult, which means to be responsible for their own choices, to the flow, do not tell the market rivalry, do not fit the face. Timely trend adjusted according to the real business interests and the interests of employees responsible approach
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