Strategic Compensation: A Human Resource Management Approach, Global Edition (8th Ed.)

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Language: English
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408 p. · 20.3x25.3 cm · Paperback

For graduate and undergraduate courses in compensation, staffing, and human resources.
The art and science of compensation practice. Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company?s competitive advantage.

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Part I: Setting the Stage for Strategic Compensation 

Chapter 1: Strategic Compensation

Chapter 2: Contextual Influences on Compensation Practice 


Part II: Bases for Pay 

Chapter 3: Traditional Bases for Pay

Chapter 4: Incentive Pay 

Chapter 5: Person-Focused Pay 


Part III: Designing Compensation Systems 

Chapter 6: Building Internally Consistent Compensation Systems 

Chapter 7: Building Market-Competitive Compensation Systems 

Chapter 8: Building Pay Structures that Recognize Employee Contributions 


Part IV: Employee Benefits 

Chapter 9: Discretionary Benefits 

Chapter 10: Employer-Sponsored Retirement Plans and Health Insurance Programs 

Chapter 11: Legally Required Benefits 


Part V: Contemporary Strategic Compensation Challenges  

Chapter 12: Compensating Executives 

Chapter 13: Compensating the Flexible Workforce


Part VI: Compensation Issues Around the World 

Chapter 14: Compensating Expatriates 

Chapter 15: Pay and Benefits outside the United States 


Epilogue:

Chapter 16: Challenges Facing Compensation Professionals

 

  • Cover topics based on your semester schedule : A flexible format. This text contains sixteen chapters, which can be tailored to suit a ten- or fifteen-week schedule. These chapters are also broken down into six parts to help further segment the material into a typical semester timeframe:
  • Part I: Setting the Stage for Strategic Compensation
  • Part II: Bases for Pay
  • Part III: Designing Compensation Systems
  • Part IV: Employee Benefits
  • Part V: Contemporary Strategic Compensation Challenges
  • Part VI: Compensation Issues Around the World
Real-world topics that are relevant to all business majors: Numerous cases and interesting, engaging material will apply and appeal to all business students regardless of their major.
  • Compensation in Action. A Compensation in Action section at the end of every chapter provides an insider's perspective on compensation management. This feature provides clear and functional information that illustrates how line managers, employees, and compensation professionals interact to put compensation concepts into practice.
  • Brief end-of-chapter cases. Real-world compensation issues are highlighted in this text’s short end-of-chapter cases. These cases are accompanied by questions to facilitate class discussion, and can be used as homework assignments.
  • Material that’s accessible to majors and non-majors. Virtually ever manager will be involved in making compensation decisions, which is why this text is relevant to human resource management majors, as well as accounting, finance, management, international management, marketing, and organisational behavior majors. Even practitioners starting to work in compensation or current professionals will find Strategic Compensation a useful reference.