Strategic Compensation : A Human Resource Management Approach

by Martocchio, Joe

• ISBN13: 9780136007449
• ISBN10: 0136007449
• Edition: 5th
• Format: Paperback
• Copyright: 2009-01-01
• Publisher: Prentice Hall

Summary

Martocchiors"s book distinctly identifies employees as key elements of strategic compensation programs. In this edition, the authors examine compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, challenges of compensating key strategic employee groups, and pay and benefits around the world. This text is most suited for the HR professional interested in knowledge of the art and science of compensation practice and its role in promoting companiesrs" competitive advantage.

Table of Contents

Preface	p. xix
Setting the Stage for Strategic Compensation	p. 1
Strategic Compensation: A Component of Human Resource Systems	p. 1
Strategic Compensation in Action: Strategic Analysis and Contextual Factors	p. 34
Contextual Influences on Compensation Practice	p. 67
Bases For Pay	p. 98
Traditional Bases for Pay: Seniority and Merit	p. 98
Incentive Pay	p. 135
Person-Focused Pay	p. 173
Designing Compensation Systems	p. 200
Building Internally Consistent Compensation Systems	p. 200
Building Market-Competitive Compensation Systems	p. 243
Building Pay Structures That Recognize Employee Contributions	p. 280
Employee Benefits	p. 325
Discretionary Benefits
Employer-Sponsored Retirement Plans and Health Insurance Programs
Legally Required Benefits	p. 325
Compensation Challenges for Strategic Employee Groups	p. 385
Compensating Executives	p. 415
Compensating the Flexible Workforce: Contingent Employees and Flexible Work Schedules	p. 446
Compensation Issues Around the World
Compensating Expatriates	p. 385
Pay and Benefits Outside the United States
Glossary	p. 475
Author Index	p. 491
Subject Index	p. 495
Table of Contents provided by Publisher. All Rights Reserved.