Strategic Compensation -- Human Resource Management Methods (Second Edition)

Author: Joseph J. Martocchio
Publisher:
Publish Date: 2004-01-01
Features: This book aims to help people fully understand the art of compensation practices and their role in enhancing a company's competitive advantage. To excel in the role of a compensation strategist, a solid grasp of the content of compensation practices is essential. This book specifically examines the issues that compensation professionals will face in the 21st century, including compensation practices, employee compensation standards, compensation system design, employee benefits, and contemporary challenges. Strategic Compensation Human Resource Management Methods reflects the importance of employees as key factors in strategic compensation solutions. The purpose is to help people fully understand the art of compensation practices and their role in enhancing a company's competitive advantage. To excel in the role of a compensation strategist, students must firmly master the content of compensation practices. Therefore, we will examine some of the issues that compensation professionals will face in the 21st century, including compensation practices, employee compensation standards, compensation system design, employee benefits, and contemporary challenges. Strategic Compensation is divided into five parts, including 14 chapters. The content summary of each part is as follows.
Part 1: Strategic Compensation Background
Chapter 1: Strategic Compensation: A Component of the Human Resource System
Chapter 2: Strategic Compensation Practices: Strategic Analysis and Related Factors
Chapter 3: Related Factors Influencing Compensation Practices
Part 2: Wage Bases
Chapter 4: Traditional Wage Bases: Job Seniority and Performance
Chapter 5: Incentive Pay
Chapter 6: People-Oriented Pay
Part 3: Designing Compensation Systems
Chapter 7: Establishing Internally Aligned Compensation Systems
Chapter 8: Establishing Market-Competitive Compensation Systems
Chapter 9: Establishing Pay Structures Reflecting Individual Contributions
Part 4: Employee Benefits
Chapter 10: Legal Benefits
Chapter 11: Non-Fixed Benefits
Part 5: Modern Strategic Compensation Challenges
Chapter 12: International Compensation
Chapter 13: Executive Compensation
Chapter 14: Freelancer Compensation: Informal Employees and Freelance Work Hours