Strategic Compensation : A Human Resource Management Approach
For courses in Compensation Management.This text reflects the importance of employees as a key element of strategic compensation programs. In exploring the art of compensation and its role in promoting companies' competitive advantages, the author develops a solid understanding of compensation practices, the context of compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, and contemporary challenges that compensation professionals will face well into the 21st century.
- Hardback | 372 pages
- 200.66 x 254 x 22.86mm | 952.54g
- 08 Nov 2000
- Pearson Education (US)
- United States
- 2nd edition
Table of contents
I. SETTING THE STAGE FOR STRATEGIC COMPENSATION. 1. Strategic Compensation: A Component of Human Resource Systems. 2. Strategic Compensation in Action: Strategic Analysis and Contextual Factors. 3. Contextual Influences on Compensation Practice. II. BASES FOR PAY. 4. Traditional Bases for Pay: Seniority and Merit. 5. Incentive Pay. 6. Person-Focused Pay. III. DESIGNING COMPENSATION SYSTEMS. 7. Building Internally Consistent Compensation Systems. 8. Building Market-Competitive Compensation Systems. 9. Building Pay Structures That Recognize Individual Contributions. IV. EMPLOYEE BENEFITS. 10. Legally Required Benefits. 11. Discretionary Benefits. V. CONTEMPORARY STRATEGIC COMPENSATION CHALLENGES. 12. International Compensation. 13. Compensating Executives. 14. Compensating the Flexible Workforce: Contingent Employees and Flexible Work Schedules. Glossary of Key Terms. Author Index. Subject Index.