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Strategic compensation : a human resource management approach

By: Martocchio, Joseph J
Material type: BookPublisher: Boston : Pearson Education, Inc., c2017.Edition: 9th ed.Description: xix, 385 p. : ill. ; 26 cm.ISBN: 9780134320540Subject(s): Compensation management | Human Resource Systems | Employee BenefitsDDC classification: 658.3/22
Summary:
Strategic Compensation: A Human Resource Management Approach demonstrates the art and science of compensation practice and its role in a company’s competitive advantage. Through focused activities and supporting course material, readers build a solid foundation to become proficient compensation professionals. The Ninth Edition focuses on the context of compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, the challenges of compensating key strategic employee groups, and pay and benefits around the world, preparing readers to assume the roles of successful compensation professionals.
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Earlier edition: 2015.

PART 1: Setting the Stage for Strategic Compensation 1. Strategic Compensation: A Component of Human Resource Systems 2. Contextual Influences on Compensation Practice PART 2: Bases for Pay 3. Seniority Pay and Merit Pay 4. Incentive Pay 5. Person-Focused Pay PART 3: Designing Compensation Systems 6. Building Internally Consistent Compensation Systems 7. Market-Competitive Compensation Systems 8. Building Pay Structures that Recognize Employee Contributions PART 4: Employee Benefits 9. Discretionary Benefits 10. Legally-Required Benefits PART 5: Contemporary Strategic Compensation Challenges 11. Compensating Executives 12. Compensating the Flexible Workforce PART 6: Compensation Around the World 13. Compensating Expatriates 14. Pay and Benefits outside the United States Epilogue 15. Challenges Facing Compensation Professionals.

Strategic Compensation: A Human Resource Management Approach demonstrates the art and science of compensation practice and its role in a company’s competitive advantage. Through focused activities and supporting course material, readers build a solid foundation to become proficient compensation professionals. The Ninth Edition focuses on the context of compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, the challenges of compensating key strategic employee groups, and pay and benefits around the world, preparing readers to assume the roles of successful compensation professionals.

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