Compensation

Hardcover
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Author: George Milkovich

ISBN-10: 0073530492

ISBN-13: 9780073530499

Category: Employees - Compensation, Flexible Scheduling & Benefits

Compensation, 10th Edition, by Milkovich, Newman and Gerhart is the market-leading text in this course area. It offers instructors current research material, in depth discussion of topics, integration of Internet coverage, excellent pedagogy, and a truly engaging writing style. The authors consult with leading businesses, have won teaching awards, and publish in the leading journals. This text examines the strategic choices in managing total compensation. The total compensation model...

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Compensation, 10th Edition, by Milkovich, Newman and Gerhart is the market-leading text in this course area. It offers instructors current research material, in depth discussion of topics, integration of Internet coverage, excellent pedagogy, and a truly engaging writing style. The authors consult with leading businesses, have won teaching awards, and publish in the leading journals. This text examines the strategic choices in managing total compensation. The total compensation model introduced in chapter one serves as an integrating framework throughout the book. The authors discuss major compensation issues in the context of current theory, research, and real-business practices. Milkovich, Newman and Gerhart strive to differentiate between beliefs and opinions from facts and scholarly research. They showcase practices that illustrate new developments in compensation practices as well as established approaches to compensation decisions. Time after time, adopters relay stories of students getting job offers based on the knowledge they learned from this book.

Ch. 1The pay model1Ch. 2Strategic perspectives27Pt. 1Internal alignment : determining the structureCh. 3Defining internal alignment59Ch. 4Job analysis85Ch. 5Evaluating work : job evaluation115Ch. 6Person-based structures147Pt. 2External competitiveness : determining the pay levelCh. 7Defining competitiveness185Ch. 8Designing pay levels, mix, and pay structures215Pt. 3Employee contributions : determining individual payCh. 9Pay for performance : the evidence257Ch. 10Pay-for-performance plans285Ch. 11Performance appraisals329Pt. 4Employee benefitsCh. 12The benefits determination process399Ch. 13Benefit options427Pt. 5Extending the systemCh. 14Compensation of special groups459Ch. 15Union role in wage and salary administration481Ch. 16International pay systems497Pt. 6Managing the systemCh. 17Government and legal issues in compensation537Ch. 18Budgets and administration569