Reward Management: A Handbook of Remuneration Strategy and Practice - Hardcover

Armstrong, Michael; Murlis, Helen

Hardcover

ISBN 10: 0749449861 ISBN 13: 9780749449865

Publisher: Kogan Page, 2007

Synopsis

Based on the authors' experience, research and benchmarking activities, this definitive book explains that reward management is about performance - of individuals, teams and the whole organization. It examines in detail the processes and various approaches that can be adopted to achieve and reward outstanding skill and competence levels in the workplace.

Comprehensive and highly practical in its approach, it takes a strategic perspective and addresses the wide gap that exists between theory and practice, with a focus on the implications for practitioners.

This revised fifth edition includes new and updated chapters on age discrimination, bonus schemes, recognition schemes and pensions.

About this title

About the Authors

Michael Armstrong is the UK's bestselling author of Human Resource Management books including Armstrong's Handbook of Human Resource Management Practice, Armstrong's Handbook of Strategic Human Resource Management, Armstrong's Handbook of Reward Management Practice and Armstrong's Handbook of Performance Management and several other titles published by Kogan Page. His books have sold over a million copies and have been translated into twenty-one languages.

Michael Armstrong is a Companion and former Chief Examiner of the Chartered Institute of Personnel and Development (CIPD), the co-founder and a managing partner of E-Reward, one of the UK's first websites dedicated solely to reward management. Prior to this he was an HR director of a publishing company and an independent management consultant. He is based in London, UK.

Helen Murlis has 25 years' experience working on reward strategy and performance improvement issues across public and private sectors. She writes for and teaches national and international audiences and also practices as an executive coach.

Excerpt. © Reprinted by permission. All rights reserved.

Part 1 Fundamentals of Reward Management

1. Overview of Reward Management

2. Total Reward and Engaged Performance

3. Strategic Reward

4. Reward Policies

5. The Psychological Contract

6. Motivation and Financial and Non-financial Rewards

7. Factors Affecting Levels of Pay

8. Age Discrimination

Part 2 The Evaluation and Development of Reward Processes

9. Evaluation of Reward Processes

10. Development of Reward Processes

Part 3 Assessing Job Size and Relativities

11. Job and Role Analysis

12. Job Evaluation: Processes and Schemes

13. Job Evaluation: Scheme Design and Operation

14. Equal Pay for Work of Equal Value

15. Market Rate Surveys and Reward Research

Part 4 Grade and Pay Structures

16. Types of Grade and Pay Structures

17. Grade and Pay Structure Design

18. Implementing New Grade and Pay Structures

Part 5 Performance Management

19. The Basis of Performance Management

20. Performance Management in Practice

Part 6 Contingent Pay - Pay Progression: Rewarding Performance, Competence and Contribution

21. Contingent Pay - General Considerations

22. Individual Contingent Pay

23. Bonus Schemes

24. Executive Annual Incentive Schemes

25. Employee and Executive Share Schemes

26. Team Rewards

27. Gainsharing - Sharing in Corporate Success

28. Profit Sharing

29. Recognition Schemes

30. Shop floor Incentive and Bonus Schemes

31. Salesforce Incentive Schemes

32. Other Cash Payments and Allowances

Part 7 Employee Benefits and Pensions

33. Employee Benefits

34. Flexible Benefits

35. Pensions

36. Tax Considerations

Part 8 Special Aspects of Reward Management

37. Boardroom Pay

38. International Remuneration

39. Mergers and Acquisitions

40. Reward Policies for New, Start-up and High-growth Organizations

Part 9 Managing Reward Processes

41. Reward Management Procedures

42. Communicating the Benefits

43. Developing and Introducing Reward Management Processes - The Use of Consultants

Part 10 Questions and Trends

44. Reward Management Questions

45. Trends in Reward Management

Edition details

• Publisher: Kogan Page
• Publication date: 2007
• Language: English
• ISBN 10: 0749449861
• ISBN 13: 9780749449865
• Binding: Hardcover
• Edition number: 5
• Number of pages: 736