Business Basics for Compensation Professionals

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (971 download)

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Book Synopsis Business Basics for Compensation Professionals by : David A. Lough

Download or read book Business Basics for Compensation Professionals written by David A. Lough and published by . This book was released on 1996 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The WorldatWork Handbook of Compensation, Benefits and Total Rewards

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Publisher : John Wiley & Sons
ISBN 13 : 1119104335
Total Pages : 864 pages
Book Rating : 4.1/5 (191 download)

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Book Synopsis The WorldatWork Handbook of Compensation, Benefits and Total Rewards by : WorldatWork

Download or read book The WorldatWork Handbook of Compensation, Benefits and Total Rewards written by WorldatWork and published by John Wiley & Sons. This book was released on 2015-03-05 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for The WorldatWork Handbook of Compensation, Benefits & Total Rewards This is the definitive guide to compensation and benefits for modern HR professionals who must attract, motivate, and retain quality employees. Technical enough for specialists but broad in scope for generalists, this well-rounded resource belongs on the desk of every recruiter and HR executive. An indispensable tool for understanding and implementing the total rewards concept, the WorldatWork Handbook of Compensation, Benefits, and Total Rewards is the key to designing compensation practices that ensure organizational success. Coverage includes: Why the total rewards strategy works Developing the components of a total rewards program Common ways a total rewards program can go wrong Designing and implementing a total rewards program Communicating the total rewards vision Developing a compensation philosophy and package FLSA and other laws that affect compensation Determining and setting competitive salary levels And much more

Sales Compensation Essentials

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Publisher :
ISBN 13 : 9781579631437
Total Pages : 175 pages
Book Rating : 4.6/5 (314 download)

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Book Synopsis Sales Compensation Essentials by : Jerome A. Colletti

Download or read book Sales Compensation Essentials written by Jerome A. Colletti and published by . This book was released on 2006-01 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Compensation and Benefit Design

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Publisher : FT Press
ISBN 13 : 0133064859
Total Pages : 458 pages
Book Rating : 4.1/5 (33 download)

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Book Synopsis Compensation and Benefit Design by : Bashker D. Biswas

Download or read book Compensation and Benefit Design written by Bashker D. Biswas and published by FT Press. This book was released on 2012-12-07 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Compensation and Benefit Design, Bashker D. Biswas shows exactly how to bring financial rigor to crucial "people" decisions associated with compensation and benefit program development. This comprehensive book begins by introducing a valuable Human Resource Life Cycle Model for considering compensation and benefit programs. Biswas thoroughly addresses the acquisition component of compensation, as well as issues related to general compensation, equity compensation, and pension accounting. He assesses the full financial impact of executive compensation programs and employee benefit plans, and discusses the unique issues associated with international HR systems and programs. This book contains a full chapter on HR key indicator reporting, and concludes with detailed coverage of trends in human resource accounting, and the deepening linkages between financial and HR planning. Replete with both full and "mini" case examples throughout, this book will be valuable to a wide spectrum of HR and financial professionals, with titles including compensation and benefits analysts, managers, directors, and consultants; HR specialists, accounting specialists, financial analysts, total rewards directors, controller, finance director, benefits actuaries, executive compensation consultants, corporate regulators, and labor attorneys. It also contains chapter-ending exercises and problems for use by students in HR and finance programs.

Compensation and Benefits Manual - User Guide

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Publisher :
ISBN 13 :
Total Pages : 114 pages
Book Rating : 4.6/5 (23 download)

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Book Synopsis Compensation and Benefits Manual - User Guide by : Indranil Gupta

Download or read book Compensation and Benefits Manual - User Guide written by Indranil Gupta and published by . This book was released on 2020-04-08 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Compensation and Benefits Manual is a detailed illustration of Total Rewards, an advanced model of Human Resource management that goes beyond employee remuneration, which helps organizations to not only attract, motivate and retain, but also ensure building engaged employees, enhancing their performance and improving their competitiveness in the global workforce market.WHAT YOU WILL LEARN1.Fundamental concepts of compensation, benefits, rewards & total rewards.2.Link your compensation philosophies & strategies to your organization goals & HR objectives.3.About job evaluations & job pricing, and their significance in setting salaries & employee rewards.4.About the key statistical methodologies used in compensation research & data analysis.5.How to design appropriate & relevant total compensation plans & reward programs.6.About the principles of evaluating performance and linking performance to effective rewards.7.About market compensation & benefits benchmarking surveys & how to use the market data results in determining your internal salary levels.8.How to develop performance-based pay systems & other variable pay programs.9.How to design compensation structures & flexible pay plans based on tax laws and statutory compliances.10.How to design effective reward communication programs for your business successCONTENT AND COVERAGE1.CHAPTER 1 : COMPENSATION SYSTEMSIntroduction, Understanding of the Fundamentals of Compensation, Benefits, Rewards, Total Rewards, Components of Compensation Systems, Compensation Systems in the Indian Environment, Compensation Approach and Framework. 2.CHAPTER 2: REWARD CONCEPTS Reward Philosophy, Reward Strategy, Total Reward Programs, Factors Affecting Rewards, Statutory Compliances, Environmental Factors, Impact of Globalization on Compensation Programs.3.CHAPTER 3 : JOB EVALUATION AND PRICINGJob Evaluation, Aspects of Job Evaluation, Job Evaluation Methodologies, Job Design, Point Rating Method, Hay Guide Chart Profile, Job Evaluation and Pay Determination, Job Pricing, Broad Banding, Linking Job Points to Pay Points.4.CHAPTER 4 : COMPENSATION SURVEYS & DATA ANALYSISCompensation Surveys, Types of Surveys, Job Equivalence, Survey Data Analysis, Job Evaluation and Salary Data, Grade Point and Market Salary, Median Pay, Percentiles, Compensation Ratios, Salary Rates, Salary Equity, Market Parity.5.CHAPTER 5 : DEVELOPING COMPENSATION STRUCTURESEvolution of Compensation Structures, Types of Employee Rewards, Standard Reward Practices, Flexible Pay Programs, Developing Different Compensation Structures in a Global Environment, Communicating of Compensation and Benefits Structures as 'Employee Value Proposition'.6.CHAPTER 6 : VARIABLE PAY PLANSVariable Pays, Types of Variable Pays (STI, MTI, LTI), Trends in Variable Pays, Designing Variable Pays, Steps in Introducing Variable Pays, Rewarding Critical Roles & Hot Skills, Different Types of Variable Pay Programs. 7.CHAPTER 7 : LINKING REWARDS TO PERFORMANCE Defining Performance Parameters, Measuring Performance, Basic Guidelines for Rewarding, Typical Reward Models, Linking Rewards to Performance, Pay for Performance, Integrating Total Rewards with Job, Market & Performance.8.CHAPTER 8 : REWARD COMMUNICATIONCommunication of Reward Programs, Changing Approach to Reward Communications, Steps in Effective Reward Communication, Implementation Guidelines for Reward Programs in Organizations.9.CHAPTER 9 : CASE STUDIESMeritt has trained more than 1,000 HR, Line and Business Professionals from over 500 Organizations from India and Middle East Countries. Meritt delivers these Trainings through its dedicated Training Division, called "MERITT LEARNING CENTER". For details contact -Meritt Learning Center9810557518; 7428466822;[email protected]

Statistics for Compensation

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Publisher : John Wiley & Sons
ISBN 13 : 1118002067
Total Pages : 414 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Statistics for Compensation by : John H. Davis

Download or read book Statistics for Compensation written by John H. Davis and published by John Wiley & Sons. This book was released on 2011-08-24 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insightful, hands-on focus on the statistical methods used by compensation and human resources professionals in their everyday work Across various industries, compensation professionals work to organize and analyze aspects of employment that deal with elements of pay, such as deciding base salary, bonus, and commission provided by an employer to its employees for work performed. Acknowledging the numerous quantitative analyses of data that are a part of this everyday work, Statistics for Compensation provides a comprehensive guide to the key statistical tools and techniques needed to perform those analyses and to help organizations make fully informed compensation decisions. This self-contained book is the first of its kind to explore the use of various quantitative methods—from basic notions about percents to multiple linear regression—that are used in the management, design, and implementation of powerful compensation strategies. Drawing upon his extensive experience as a consultant, practitioner, and teacher of both statistics and compensation, the author focuses on the usefulness of the techniques and their immediate application to everyday compensation work, thoroughly explaining major areas such as: Frequency distributions and histograms Measures of location and variability Model building Linear models Exponential curve models Maturity curve models Power models Market models and salary survey analysis Linear and exponential integrated market models Job pricing market models Throughout the book, rigorous definitions and step-by-step procedures clearly explain and demonstrate how to apply the presented statistical techniques. Each chapter concludes with a set of exercises, and various case studies showcase the topic's real-world relevance. The book also features an extensive glossary of key statistical terms and an appendix with technical details. Data for the examples and practice problems are available in the book and on a related FTP site. Statistics for Compensation is an excellent reference for compensation professionals, human resources professionals, and other practitioners responsible for any aspect of base pay, incentive pay, sales compensation, and executive compensation in their organizations. It can also serve as a supplement for compensation courses at the upper-undergraduate and graduate levels.

Introduction to Business

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Publisher :
ISBN 13 : 9781947172555
Total Pages : 732 pages
Book Rating : 4.1/5 (725 download)

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Book Synopsis Introduction to Business by : Lawrence J. Gitman

Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2018 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.

Designing a Not-for-Profit Compensation System

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Publisher : John Wiley & Sons
ISBN 13 : 0471727334
Total Pages : 226 pages
Book Rating : 4.4/5 (717 download)

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Book Synopsis Designing a Not-for-Profit Compensation System by : JoAnn Senger

Download or read book Designing a Not-for-Profit Compensation System written by JoAnn Senger and published by John Wiley & Sons. This book was released on 2005-03-25 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: "JoAnn Senger has gone out of the box to address fundamental compensation issues too-often ignored in the public and not-for-profit sectors. She peels away the 'second-class citizen' label and provides effective compensation structures that reward top performers." --Jonathan Fraser Light Senior Partner, Nordman, Cormany, Hair & Compton A step-by-step plan to design and manage a compensation system for not-for-profit organizations Written by recognized not-for-profit human resource specialist JoAnn Senger, Designing a Not-For-Profit Compensation System provides a step-by-step method to help human resource professionals design and manage a successful compensation system for any public or not-for-profit organization. When it comes to compensation systems, the not-for-profit sector is rife with complexities, including legislative approval requirements and the board of directors' direct involvement in compensation matters. Addressing these and other unique obstacles, Designing a Not-For-Profit Compensation System: * Defines various types of not-for-profit and public organizations * Identifies current types of compensation structures * Identifies organizational characteristics influencing the usefulness of each structure, including the organization's budgeting and accounting processes and timetables * Covers maintenance for all compensation structures and the interaction among organizational units * Details the usefulness of each compensation structure, including midpoint calculations, rate adjustments, variable pay, and market surveys

The WorldatWork Handbook of Total Rewards

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Publisher : John Wiley & Sons
ISBN 13 : 1119682444
Total Pages : 421 pages
Book Rating : 4.1/5 (196 download)

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Book Synopsis The WorldatWork Handbook of Total Rewards by : WorldatWork

Download or read book The WorldatWork Handbook of Total Rewards written by WorldatWork and published by John Wiley & Sons. This book was released on 2021-02-24 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: Equip yourself to manage, motivate, compensate, and reward everyone in this workplace revolution The future of work is here. From the shift to Millennials and Gen Z in the workforce to the advent of the Fourth Industrial Revolution and the Gig Economy, the world of work and rewards has significantly changed since the initial WorldatWork Handbook was published. Human resources and total rewards professionals need tools to equip them to manage a changing workforce. This completely revised second edition addresses the challenging and disruptive issues facing employers today and tomorrow. The WorldatWork Handbook of Total Rewards is the definitive authority on compensation and rewards from the leading global nonprofit organizations for professionals who are engaged in the critically important practice of total rewards. This book is a go-to resource for all business professionals and leaders who reward and create productive, committed and inspired workforces worldwide. Readers will learn the basics of rewards, along with a deep dive and high-level view of how rewards programs enable organizations to deliver on their brand promises and perform at their optimal level. Gain a thorough understanding of compensation and benefits, along with employee well-being, development, and recognition, all updated to address the realities of today’s workplace. Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs. Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era. Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty. Technical enough for specialists but broad in scope for managers and HR generalists, this well-rounded resource belongs on the desk of anyone interested in organizational effectiveness. An indispensable tool for understanding and implementing the total rewards concept, The WorldatWork Handbook of Total Rewards, Second Edition is the key to designing programs and practices that ensure employee engagement and organizational success.

Pay for Results

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Publisher : John Wiley & Sons
ISBN 13 : 047047811X
Total Pages : 288 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Pay for Results by : Mercer, LLC

Download or read book Pay for Results written by Mercer, LLC and published by John Wiley & Sons. This book was released on 2009-03-17 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The numerous incentive approaches and combinations and their implications can be dizzying even to the compensation professional. Pay for Results provides a road map for developing and implementing executive incentives that drive business needs and strategy. It is filled with specific analytic tools, including tables, exhibits, forms, checklists. In addition, it uncovers myths in performance measurement strategy and design. Timely and thorough, this book expertly shows businesses how to drive their specific needs and strategy. Human resources and compensation officers will discover how to apply performance metrics that align with shareholder investment.

HR for Small Business

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Publisher : Sphinx Publishing
ISBN 13 : 9781572486904
Total Pages : 0 pages
Book Rating : 4.4/5 (869 download)

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Book Synopsis HR for Small Business by : Charles H Fleischer

Download or read book HR for Small Business written by Charles H Fleischer and published by Sphinx Publishing. This book was released on 2009-01-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Protect yourself and your small business! The book explains in simple, clear language what business owners and managers need to know about their relationship with their employees in order to comply with the law and protect themselves and their business from being sued. The new edition of this book includes everything from recruiting and hiring to discipline and termination and everything in between. Updated legal information has been added on the new minimum wage law that employers must be aware of, the right to privacy for employees, especially in terms of their email, Internet usage, and phone calls, and what employers need to do to comply with disability laws and FMLA. The appendices in this book include required postings in the workplace, legal holidays, online resources for employers and human resource professionals, a sample employee handbook outline, an employer tax calendar, and a complete glossary of terms.

Employee Benefits Basics

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Publisher :
ISBN 13 : 9781579633240
Total Pages : 54 pages
Book Rating : 4.6/5 (332 download)

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Book Synopsis Employee Benefits Basics by : WorldatWork (Organization)

Download or read book Employee Benefits Basics written by WorldatWork (Organization) and published by . This book was released on 2011-05 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Compensation

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Publisher : Pearson Higher Ed
ISBN 13 : 0133457222
Total Pages : 408 pages
Book Rating : 4.1/5 (334 download)

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Book Synopsis Strategic Compensation by : Joseph J. Martocchio

Download or read book Strategic Compensation written by Joseph J. Martocchio and published by Pearson Higher Ed. This book was released on 2014-07-23 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: For graduate and undergraduate courses in compensation, staffing, and human resources. The art and science of compensation practice. Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company’s competitive advantage. MyManagementLab for Strategic Compensation is a total learning package. MyManagementLab is an online homework, tutorial, and assessment program that truly engages students in learning. It helps students better prepare for class, quizzes, and exams—resulting in better performance in the course—and provides educators a dynamic set of tools for gauging individual and class progress. This program will provide a better teaching and learning experience—for you and your students. Here’s how: Improve Results with MyManagementLab: MyManagementLab delivers proven results in helping students succeed and provides engaging experiences that personalize learning. A flexible format: Cover topics based on your semester schedule. Real-world topics that are relevant to all business majors: Numerous cases and interesting, engaging material will apply and appeal to all business students regardless of their major. Note: You are purchasing a standalone product; MyManagementLab does not come packaged with this content. If you would like to purchase both the physical text and MyManagementLab search for ISBN-10: 0133802027/ISBN-13: 9780133802023. That package includes ISBN-10: 0133457109/ISBN-13: 9780133457100 and ISBN-10: 0133486680/ISBN-13: 9780133486681. MyManagementLab is not a self-paced technology and should only be purchased when required by an instructor.

Pay Matters: The Art and Science of Employee Compensation

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Publisher : Lioncrest Publishing
ISBN 13 : 9781544516691
Total Pages : 210 pages
Book Rating : 4.5/5 (166 download)

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Book Synopsis Pay Matters: The Art and Science of Employee Compensation by : David Weaver

Download or read book Pay Matters: The Art and Science of Employee Compensation written by David Weaver and published by Lioncrest Publishing. This book was released on 2020-10-10 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most organizations fail to pay their employees properly-not because they don't want to, but because they don't approach compensation with a plan. The compensation landscape is changing rapidly. If you don't pay your employees what they're worth, not only will your competitors leave you behind, but you'll also leave yourself open to legal, social, and political backlash. As an HR professional or manager, how do you navigate the confusing world of compensation? Pay Matters is your go-to guide for demystifying the art and science of compensation. Step-by-step, David Weaver explains how to perform a detailed market analysis that reveals exactly how much each position in your organization should be paid. You'll also learn how to develop a pay philosophy specifically tailored to your organization and strike the elusive balance between profit and labor costs. With precisely calibrated base salaries, rewards programs, and enticing incentives, you'll be able to keep your best employees. Don't leave salaries open to the caprices of your organization's senior leaders. Approach them confidently with a proven methodology. After all, pay matters.

Compensation Basics for HR Generalists

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Publisher :
ISBN 13 : 9781579632809
Total Pages : 42 pages
Book Rating : 4.6/5 (328 download)

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Book Synopsis Compensation Basics for HR Generalists by : Elaine M. Evans

Download or read book Compensation Basics for HR Generalists written by Elaine M. Evans and published by . This book was released on 2006 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This booklet identifies the specific components of typical compensation programs for the benefit of HR generalists, who are not likely to be familiar with the sometimes highly technical language of compensation. Topics include: compensation philosophy, base pay, job evaluation, marketing analysis, salary ranges, legal defensibility, incentive pay, pay for performance, salary surveys, and total compensation.

Compensation: A Practitioner's Approach: With Visual Basic Applications for Excel Software Available

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Publisher :
ISBN 13 : 9781935953845
Total Pages : 368 pages
Book Rating : 4.9/5 (538 download)

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Book Synopsis Compensation: A Practitioner's Approach: With Visual Basic Applications for Excel Software Available by : James R. Beatty

Download or read book Compensation: A Practitioner's Approach: With Visual Basic Applications for Excel Software Available written by James R. Beatty and published by . This book was released on 2017-09-30 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compensation: A Practitioner's Approach is written from the practitioner's viewpoint, not from a purely academic viewpoint. Our focus is primarily on the practices and applications. Thus, our intent is to provide a roadmap for compensation professionals, guiding them in developing and managing compensation programs for organizations. There are many "how to" illustrations throughout the book that provide guidance for compensation analysts and HR managers. After all, the compensation an organization offers its workforce includes much more than just cash in one's paycheck. Strategic planning with well-defined approaches, models, and analytics have become essential to the compensation professional. Most compensation functions developed over the past fifty years have focused on the pay and benefits components of compensation, with many other components merely treated as afterthoughts. However, the core of compensation goes well beyond pay and benefits and have existed for many years in most organizations. We just called them by other names. For example, training and development has been essential for the benefit of both the individual and the organization. Performance appraisal is essential for making sure the leaders and the workforce are correctly performing the required tasks. Recognition is essential for motivating people to correctly and enthusiastically perform their work. Promotion into the next level position within the hierarchy of jobs requires skills, abilities, and understanding on the part of the human resources department. As we moved into the twenty-first century, the WorldatWork Professional Association began to recognize the role of a compensation professional as more than just compensation and benefits, but now includes individual work life as well. A Total Rewards Program, as described on WorldatWork's website, describes the T-1 Certification course as follows: Learn what is required to formulate a rewards program that has the power to attract, motivate and retain--total rewards. Participants are introduced to the total rewards model and each of its components. Emphasis is given to the five elements of total rewards: compensation, benefits, work-life, performance and recognition, and development and career opportunities. ● Gain an understanding of total rewards management. ● Discover the five elements of total rewards. ● Understand the critical role of the main drivers--organizational culture, business strategy, and human resources strategy. ● Learn the process of designing a successful total rewards strategy.

The Insurance Professional's Practical Guide to Workers' Compensation

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Publisher : Lulu.com
ISBN 13 : 0578020963
Total Pages : 224 pages
Book Rating : 4.5/5 (78 download)

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Book Synopsis The Insurance Professional's Practical Guide to Workers' Compensation by : Chris Boggs

Download or read book The Insurance Professional's Practical Guide to Workers' Compensation written by Chris Boggs and published by Lulu.com. This book was released on 2009-04-15 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is not your ordinary workers' compensation book. Workers' compensation coverage is relatively easy to understand. It's the legal, procedural and contractual issues surrounding workers' compensation that are complicated. In "The Insurance Professional's Practical Guide to Workers' Compensation," Boggs addresses in clear, jargon-free English many of the concepts, policies and practices in workers compensation that brokers, risk advisors, and corporate risk managers need to know. The chapters, such as on which injuries and which workers are covered, free the reader from having to wade through dense legal and regulatory treatises. Boggs explains to non-lawyers legal aspects of workers compensation. If you need to use the book as little as one time a year, get it, because you'll probably need it much more often.