Compensation (Paperback)

Through the course of this book, the readers are given relevant information on compensation management, along with strategic decisions to manage total compensation. Additionally, this book also throws light on the compensation practices of many leading companies.

This book is divided into six parts, each covering different aspects of this subject. In total, there are 18 chapters, and some of them include The Benefits Determination Process, Union Role In Wage And Salary Administration, Government And Legal Issues In Compensation, Pay For Performance: The Evidence, Defining Competitiveness, Defining Internal Alignment, and Compensation Of Special Groups.

Being the Indian edition, this book contains relevant information for citizens of the country. This edition also contains new topics such as growing tax consequences, and stock option changes.

Table of Contents

1. The Pay Model
2. Strategic Perspectives

Part One: Internal Alignment: Determining The Structure
3. Defining Internal Alignment
4. Job Analysis
5. Evaluating Work: Job Evaluation
6. Person-Based Structures

Part Two: External Competitiveness: Determining The Pay Level
7. Defining Competitiveness
8. Designing Pay Levels, Mix, and Pay Structures

Part Three: Employee Contributions: Determining Individual Pay
9. Pay for Performance: The Evidence
10. Pay for Performance Plans
11. Performance Appraisals

Part Four: Employee Benefits
12. The Benefits Determination Process
13. Benefit Options

Part Five: Extending The System
14. Compensation of Special Groups
15. Union Role in Wage and Salary Administration
16. International Pay Systems

Part Six: Managing The System
17. Government and Legal Issues in Compensation
18. Public Sector Pay
19. Budgets and Administration