The WorldatWork Handbook of Total Rewards A Comprehensive Guide to Compensation, Benefits, HR & Employee Engagement

by Worldatwork; Cafaro, Dan (Editor)

• ISBN13: 9781119682448
• ISBN10: 1119682444
• eBook ISBN(s): 9781119682493
• Edition: 2nd
• Format: Hardcover
• Copyright: 2021-02-24
• Publisher: Wiley
• More Book Details

Summary

Equip yourself to manage, motivate, compensate, and reward everyone in this workplace revolution

The future of work is here. From the shift to Millennials and Gen Z in the workforce to the advent of the Fourth Industrial Revolution and the Gig Economy, the world of work and rewards has significantly changed since the initial WorldatWork Handbook was published. Human resources and total rewards professionals need tools to equip them to manage a changing workforce. This completely revised second edition addresses the challenging and disruptive issues facing employers today and tomorrow.

The WorldatWork Handbook of Total Rewards is the definitive authority on compensation and rewards from the leading global nonprofit organizations for professionals who are engaged in the critically important practice of total rewards. This book is a go-to resource for all business professionals and leaders who reward and create productive, committed and inspired workforces worldwide. Readers will learn the basics of rewards, along with a deep dive and high-level view of how rewards programs enable organizations to deliver on their brand promises and perform at their optimal level.

• Gain a thorough understanding of compensation and benefits, along with employee well-being, development, and recognition, all updated to address the realities of today’s workplace.
• Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs.
• Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era.
• Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty.

Technical enough for specialists but broad in scope for managers and HR generalists, this well-rounded resource belongs on the desk of anyone interested in organizational effectiveness. An indispensable tool for understanding and implementing the total rewards concept, The WorldatWork Handbook of Total Rewards, Second Edition is the key to designing programs and practices that ensure employee engagement and organizational success. 

Author Biography

WorldatWork (www.worldatwork.org/, Scottsdale, Arizona) is the leading nonprofit professional association in compensation and total rewards. We serve those who design and deliver total rewards programs to cultivate engaged, effective workforces that power thriving organizations. We accomplish this through education and certification; idea exchange; knowledge creation; information sharing; research; advocacy; and affiliation and networking. Founded in the United States in 1955, today WorldatWork serves total rewards professionals throughout the world working in organizations of all sizes and structures.

Table of Contents

Foreword

Finding Our Way Forward by Scott Cawood, President and CEO, WorldatWork

Introduction

4IR: It’s the End of Work as We Know It (and the Rewards Are Fine)

Chapter 1

The Power of Total Rewards

Chapter 2

Everything You Want to Know About Compensation (but Were Afraid to Ask)

Chapter 3

Market Pricing and the Battle for Prize-Winning Talent

Chapter 4

Linking Pay to Performance via Merit Pay

Chapter 5

Executive Compensation Disclosures, Trends and Challenges

Chapter 6

Sales Compensation Essentials

Chapter 7

The Changing Face of Well-Being

Chapter 8

Benefits Basics

Chapter 9

How to Reskill Your Workforce through a Mindset of Continuous Development

Chapter 10

How to Recognize and Reward Your Top-Performing Employees (with Cash Bonuses and Praise)

Chapter 11

The Employee Experience: The Cornerstone of a Global Engagement Strategy

Chapter 12

Corporate Accountability in a Diverse & Inclusive World

Chapter 13

Pay Equity and Rewards Fairness

Chapter 14

Contingent Workers and the New Talent Value Proposition

Chapter 15

The Present and Future of Work: Digital Disruption, Automation and Reskilling

Notes

References

Index

List of Contributors