Published by Pearson (October 30, 2024) © 2024
Joseph MartocchioProduct Information
Strategic Compensation demonstrates the art and science of compensation practice and its role in a company's competitive advantage. It focuses on compensation context, criteria, design and challenges along with employee benefits at home and around the world. Through targeted activities and supporting course material, you'll build a solid foundation in the subject.
The 11th Edition features evolving compensation practices, statistics and business professionals' perspectives. You'll gain the knowledge and skills needed to become a successful compensation professional in the field.
PART 1: SETTING THE STAGE FOR STRATEGIC COMPENSATION
- Strategic Compensation: A Component of Human Resource Systems
- Contextual Influences on Compensation Practice
PART 2: BASES FOR PAY
- Traditional Bases for Pay: Seniority and Merit
- Incentive Pay
- Person-Focused Pay
PART 3: DESIGNING COMPENSATION SYSTEMS
- Building Internally Consistent Compensation Systems
- Building Market-Competitive Compensation Systems
- Building Pay Structures that Recognize Employee Contributions
PART 4: EMPLOYEE BENEFITS
- Discretionary Benefits
- Legally Required Benefits
PART 5: CONTEMPORARY STRATEGIC COMPENSATION CHALLENGES
- Compensating Executives
- Contingent Workers, Remote Work and Flexible Work Schedule Arrangements
PART 6: COMPENSATION ISSUES AROUND THE WORLD
- Compensating Expatriates
- Pay and Benefits outside the United States