Description
**Strategic Compensation: A Human Resource Management Approach demonstrates the art and science of compensation practice and its role in a company’s competitive advantage. Through focused activities and supporting course material, readers build a solid foundation to become proficient compensation professionals.
The Ninth Edition focuses on the context of compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, the challenges of compensating key strategic employee groups, and pay and benefits around the world, preparing readers to assume the roles of successful compensation professionals.
KEY TOPICS: Strategic Compensation: A Component of Human Resource Systems; Contextual Influences on Compensation Practice; Seniority Pay and Merit Pay; Incentive Pay; Person-Focused Pay; Building Internally Consistent Compensation Systems; Market-Competitive Compensation Systems; Building Pay Structures that Recognize Employee Contributions; Discretionary Benefits; Legally-Required Benefits; Compensating Executives; Compensating the Flexible Workforce; Compensating Expatriates; Pay and Benefits outside the United States; Challenges Facing Compensation Professionals
MARKET: For managers and HR professionals interested in understanding compensation practice and strategy**
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