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  • Edition: 10th
  • Format: Hardcover
  • Copyright: 1/4/2010
  • Publisher: McGraw-Hill Education
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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 Analysis
Job-Based Structures and Job Evaluation
Person-Based Structures
External Competitiveness: Determining the Pay Level
Defining Competitiveness
Designing Pay Levels, Mix, and Pay Structures
Employee Contributions: Determining Individual Pay
Pay-for-Performance: The Evidence
Pay-for-Performance Plans
Performance Appraisals
Employee Benefits
The Benefit Determination Process
Benefit Options
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
Name Index
Subject Index
Table of Contents provided by Publisher. All Rights Reserved.

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Customer Reviews

A wonderful deal March 15, 2011
The author really did a good job to examine the strategic choices in managing total compensation. I purchased this textbook for a compensation class. I live in TX, and I emailed the seller, asking him for a quick shipping, then I got it very soon. This is the textbook I did want. Thanks. I would like to give the seller a very positive evaluation.
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Compensation: 5 out of 5 stars based on 1 user reviews.

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