Compensation Management in a Knowledge-Based World
This book offers a practical exploration of the systems, methods, and procedures involved in establishing and administering a compensation system within any organization. Macroeconomics Compensation Concepts. Compensation and Noncompensation. Organizational Structure: Strategic and Tactical Compensation Issues. Legislation and Compensation. Job Analysis, Description, and Evaluation. Job Evaluation: Two Point-Factor Methods. Surveying Market Pay and Compensation Practices. Designing A Base Pay...
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Recognizing the important role played by compensation in modern organizations, this text concentrates on how organizations design and administer their base pay programs for most employees, and also reviews in lesser detail what organizations are doing to expand their base pay opportunities. Early chapters provide an overview of compensation management and organization reward systems, while later chapters offer a microanalysis of compensation and explain how a base pay program is expanded into a total compensation system. This ninth edition reflects post-September 11th conditions. Henderson is professor emeritus of Georgia State University. Annotation c. Book News, Inc.,Portland, OR
PrefacePt. IMacroeconomic Compensation Concepts1Ch. 1Compensation in a Knowledge-Based World3Ch. 2The Reward System: Compensation and Noncompensation Dimensions14Ch. 3The World of Pay and Compensation26Ch. 4Organizational Structure: Strategic and Tactical Compensation Issues56Ch. 5Legislation and Compensation91Pt. IIMicroeconomic Compensation Concepts125Ch. 6Job Analysis127Ch. 7Job Description166Ch. 8Job Evaluation202Ch. 9Job Evaluation: Two Point-Factor Methods251Ch. 10Surveying Market Pay and Compensation Practices298Ch. 11Designing A Base Pay Structure338Ch. 12Team-Based Pay in a Knowledge-Based World376Pt. IIIMicro- Macroeconomic Compensation Concepts399Ch. 13Measuring and Paying for Performance401Ch. 14Short-Term Incentives440Ch. 15Long-Term Incentives and Wealth Building478Ch. 16Benefits and Services528Ch. 17Pay Delivery Administration583Glossary of Terms641Name Index665Subject Index667
