The Compensation Handbook: A State-of-the-Art Guide to Compensation Strategy and Design (McGraw-Hill Training Series) - Hardcover

Rock, Milton; Berger, Lance

9780070533523: The Compensation Handbook: A State-of-the-Art Guide to Compensation Strategy and Design (McGraw-Hill Training Series)

Hardcover

ISBN 10: 0070533520 ISBN 13: 9780070533523

Publisher: McGraw-Hill Education, 1990

The day of the automatic merit pay rise and cost-of-living increase is over. Today's focus is on performance-based approaches to compensation and benefits that will effectively support the present and future requirements of the corporation. This updated edition of "The Handbook of Wage and Salary Administration" addresses this vital shift in compensation philosophy that has occurred since the last edition was published in 1984. Compensation experts provide advanced thinking on job analysis and documentation, job evaluation technologies, compensation surveys, contingency-based compensation plans, current executive compensation practices, productivity measurement, and the use of computers in compensation. "The Compensation Handbook" is a desktop reference for making informed practical decisions on new policies and procedures affecting today's compensation issues. The work spotlights the strategic and tactical aspects of compensation planning in an era of corporate raids and restructuring, and describes a broad range of contingency-based approaches to compensation, benefits, and job evaluation. It explains how to select, install, and maintain computer-assisted job evaluation, salary administrative, and executive compensation technologies to support administrative expectations, strategic organizational goals, and human resources philosophies. It also demonstrates how to gauge an organization's "cultural readiness" for a particular compensation approach by comparing the way different organizations and employee groups respond to various reward programs.

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From the Back Cover:

The "Bible" of compensation--in a new revised edition. When compensation and human resources professionals need guidance, they turn to The Compensation Handbook. For almost 30 years, The Compensation Handbook has been recognized as the most authoritative reference in the field, providing simple, direct answers to every important problem in compensation. In the current, highly competitive market for employees, no book could be more timely than this Fourth Edition of The Compensation Handbook. Edited by experts Lance and Dorothy Berger, it features 75% completely new material showing you how to attract, retain, and motivate the key employees and executives your business needs. The Compensation Handbook provides: coherent strategies and well-orchestrated planning guidelines for all aspects of compensation; data and guidance from more than 50 top leaders in the field; up-to-date help with base compensation, variable compensation, executive compensation, performance and compensation, compensation and corporate culture, and international compensation; worksheets, checklists, evaluation forms, and other useful instruments; much more. The most informative and authoritative reference on compensation--period--The Handbook of Compensation belongs within arm's reach of any professional who works in the field.

About the Author:

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

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