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Compensation, 10th Edition, by Milkovich, Newman and Gerhart is the market-leading text in this course area. It offers instructors current research material, in depth discussion of topics, integration of Internet coverage, excellent pedagogy, and a truly engaging writing style. The authors consult with leading businesses, have won teaching awards, and publish in the leading journals.
This text examines the strategic choices in managing total compensation. The total compensation model introduced in chapter one serves as an integrating framework throughout the book. The authors discuss major compensation issues in the context of current theory, research, and real-business practices. Milkovich, Newman and Gerhart strive to differentiate between beliefs and opinions from facts and scholarly research.
They showcase practices that illustrate new developments in compensation practices as well as established approaches to compensation decisions. Time after time, adopters relay stories of students getting job offers based on the knowledge they learned from this book.
Table of Contents
|Introducing the Pay Model and Pay Strategy|
|The Pay Model|
|Strategy: The Totality of Decisions|
|Internal Alignment: Determining the Structure|
|Defining Internal Alignment|
|Job-Based Structures and Job Evaluation|
|External Competitiveness: Determining the Pay Level|
|Designing Pay Levels, Mix, and Pay Structures|
|Employee Contributions: Determining Individual Pay|
|Pay-for-Performance: The Evidence|
|The Benefit Determination Process|
|Extending the System|
|Compensation of Special Groups|
|Union Role in Wage and Salary Administration|
|International Pay Systems|
|Managing the System|
|Government and Legal Issues in Compensation|
|Management: Making It Work|
|Table of Contents provided by Publisher. All Rights Reserved.|