Based on the questionnaire survey, this article reveals the effects of the current university compensation system on faculties in three psychological aspects, namely performance exam effect, work pressure and endurance capability. The results indicate that university faculties have a strong pursuit for self-fulfillment and successful career. Most of them love their teaching career and wish to further improve the fairness and efficiency of university management system by deepening the management systemic reform. Multi-leveled, multi-purposed and multi-modeled managing strategy of university compensation system is proved to be the main methods of improving fairness and efficiency.