The purpose of this study was to verify the relationship among labor-management partnership, Compensation system and organizational performance. The specific objectives as follows: First, to test the factors of labor-management partnership will be influence to Compensation system. Second, to identify the factors of Compensation system and labor-management partnership will be influence to organizational performance. The data was collected the employees who were working at 12 of first grade hotels in Seoul, 360 samples quoted 30 samples of each hotel were distributed, 350 were returned and 332 were used for analysis. To verify the relationship among labor-management partnership, Compensation system and organizational performance, 17 of hypothesis were built and 13 of hypothesis were selected. The specific results were as follows. First, a hypothesis 1; labor-management partnership will be influence to organizational performance was adopted, distribution fairness, job security, and education & training investment were significantly different to organizational performance. Second, a hypothesis 2 was adopted, The specific factors that were influenced on organizational performance were welfare system. Third, the hypothesis 3; labor-management partnership will be influenced to reward system was adopted.