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Compensation,9780078029493
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Compensation

by ; ;
Edition:
11th
ISBN13:

9780078029493

ISBN10:
007802949X
Format:
Hardcover
Pub. Date:
1/10/2013
Publisher(s):
McGraw-Hill/Irwin
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Summary

Compensation, 11th 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

Part One-Introducing the Pay Model and Pay Strategy

Chapter 1: The Pay Model

Chapter 2: Strategy: The Totality of Decisions

Part Two-Internal Alignment: Determining the Structure

Chapter 3: Defining Internal Alignment

Chapter 4: Job Analysis

Chapter 5: Job-Based Structures and Job Evaluation

Chapter 6: Person-Based Structures

Part Three-External Competitiveness: Determining the Pay Level

Chapter 7: Defining Competitiveness

Chapter 8: Designing Pay Levels, Mix, and Pay Structures

Part Four-Employee Contributions: Determining Individual Pay

Chapter 9: Pay-for-Performance: The Evidence

Chapter 10: Pay-for-Performance Plans

Chapter 11: Performance Appraisals

Part Five-Employee Benefits

Chapter 12: The Benefit Determination Process

Chapter 13: Benefit Options

Part Six-Extending the System

Chapter 14: Compensation of Special Groups

Chapter 15: Union Role in Wage and Salary

Administration

Chapter 16: International Pay Systems

Part Seven-Managing the System

Chapter 17: Government and Legal Issues in Compensation

Chapter 18: Management: Making It Work



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