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Contribution Based Pay
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Book Synopsis Contribution Based Pay by : Gwen E. Torkelson
Download or read book Contribution Based Pay written by Gwen E. Torkelson and published by iUniverse. This book was released on 2001-07-30 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contribution Based Pay combines results-oriented performance and competency-based pay in one customer-focused, strategically oriented compensation system. This system helps you: * Focus performance and rewards on serving the customer, not on performing tasks. *Align pay with increasing skill and delivering performance. *Maintain competitive advantage by building and managing core skills and capabilities. * Focus training efforts making them cost effective and measurable. * Keep pay competitive using competitor-focused survey techniques.
Book Synopsis Paying for Contribution by : Duncan Brown
Download or read book Paying for Contribution written by Duncan Brown and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paying for Contribution seeks to take reward management to the next level - paying for competence as well as performance; paying for those skills and behaviours which support the future success of the organization, not just for immediate past results. Examples from research and case studies are provided.
Book Synopsis Reward Management in Context by : Angela Wright
Download or read book Reward Management in Context written by Angela Wright and published by CIPD Publishing. This book was released on 2004 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand how to design and implement reward management in the workplace
Book Synopsis Rewards, Remuneration and Performance by : Keith Macky
Download or read book Rewards, Remuneration and Performance written by Keith Macky and published by CCH New Zealand Limited. This book was released on 2013-07-01 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: We all respond to incentives to perform. This handy reference looks at the link between the way a business remunerates its employees and that business's ability to gain competitive advantage. It explains practical performance-based strategies, including profit sharing, gain sharing, merit pay, share ownership, goal-based plans and how to design a system. Containing examples and case studies to help illustrate points, this user-friendly resource is a must-have for business owners, managers, HR professionals and students.
Author :Federal Management Partners, Inc. Publisher :Berrett-Koehler Publishers ISBN 13 :1523096721 Total Pages :236 pages Book Rating :4.5/5 (23 download)
Book Synopsis Human Capital Management by : Federal Management Partners, Inc.
Download or read book Human Capital Management written by Federal Management Partners, Inc. and published by Berrett-Koehler Publishers. This book was released on 2013-12 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many federal agencies have made huge strides to develop, fully utilize, and enhance the effectiveness of their most valuable resource: their workforce. This book captures those successes and relates the stories behind them. Innovative recruitment and retention strategies, dynamic employee onboarding programs, leading-edge HR technology—these are some of the stories that offer valuable lessons for anyone dealing with human resources issues in government, business, or any other organizational environment. The authors highlight not only the successful outcomes of various agency programs, but also consider the bumps and hurdles encountered and overcome along the way. Rather than a theoretical presentation of what might, or should, work, Human Capital Management: What Really Works in Government provides thought-provoking and practical examples detailing what federal agencies are doing that is working.
Book Synopsis Designing an Effective Pay for Performance Compensation System by : Cynthia H. Ferentinos
Download or read book Designing an Effective Pay for Performance Compensation System written by Cynthia H. Ferentinos and published by . This book was released on 2006-07 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Government agencies are moving to better align pay with performance & create organizational cultures that emphasize performance rather than tenure. However, agencies must invest time, money, & effort in the design of their pay for performance compensation systems in order to succeed. To help agencies understand the critical prerequisites to success & key decision points, a review was conducted of professional & academic writings on the topic of pay for performance. This user-friendly guide summarizes the research findings. Contents: a summary of pay for performance; benefits & risks associated with pay for performance; pay for performance decision points; conclusions & recommendations; & bibliography. Illustrations.
Book Synopsis Designing an Effective Pay for Performance Compensation System by : United States. Merit Systems Protection Board
Download or read book Designing an Effective Pay for Performance Compensation System written by United States. Merit Systems Protection Board and published by . This book was released on 2006 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of pay for performance -- Benefits and risks associated with pay for performance -- What are the goals of pay for performance? -- Who should be paid for performance? -- How should employees be rewarded? -- How should performance-based pay be funded? -- How can costs be managed? -- Who provides input to performance ratings? -- How can agencies facilitate pay system integrity?
Book Synopsis Pay Without Performance by : Lucian A. Bebchuk
Download or read book Pay Without Performance written by Lucian A. Bebchuk and published by Harvard University Press. This book was released on 2004 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.
Book Synopsis Essentials of Human Resource Management by : Shaun Tyson
Download or read book Essentials of Human Resource Management written by Shaun Tyson and published by Routledge. This book was released on 2014-12-05 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of human resource management changes rapidly. Following the recession, new approaches are needed to succeed in a highly competitive global market place, and HR managers now draw on disciplines such as business strategy, marketing, information systems and corporate social responsibility to meet the need for functional interdependence. Essentials of Human Resource Management, 6th Edition uniquely provides a strategic explanation of how established human resource policies can be adapted to meet new challenges. In addition to a thorough exposition of the main policy areas, this comprehensive text offers an introduction to organizational behaviour studies, incorporates relevant aspects of employee relations, and presents an overview of employment law. This new edition shows how HR managers can: Meet the challenges of international competitiveness through organizational agility. Develop policies in talent management, total rewards and employee engagement. Utilize new technology to improve the efficiency and effectiveness of HRM Balance business demands with corporate social responsibility Written in an accessible manner, Essentials of Human Resource Management acts as an introduction to the subject for undergraduate students on HRM courses, as well as for postgraduate students on MBA programmes, and it will also be a valuable reference source for line managers. A companion website supports this text with further materials.
Book Synopsis Shaping Pay in Europe by : Conny Herbert Antoni
Download or read book Shaping Pay in Europe written by Conny Herbert Antoni and published by Peter Lang. This book was released on 2007 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: «Shaping Pay in Europe: A Stakeholder Approach» focuses on pay systems applied in the European Union. Giving due attention to the institutional setting of the European pay systems, the book discusses how European companies may approach pay as an integral part of their operational and strategic framework. Pay is an important topic for several stakeholders on the labour market. The book discusses the perspectives of various stakeholders - employees, employers, trade unions, and employer associations - on the issue of pay. Secondary analysis of earlier statistical studies and new empirical material on European pay systems is also presented in the book. The book also aims at contributing to a better understanding of pay systems. If one wants to understand the various pay systems of a company, which pay elements and pay characteristics should one focus on? Which are the essential pay characteristics shaping an individual's pay and how could these characteristics be studied or audited? The book provides answers to both questions by presenting a practical, yet sophisticated model of essential pay characteristics.
Book Synopsis What Unions No Longer Do by : Jake Rosenfeld
Download or read book What Unions No Longer Do written by Jake Rosenfeld and published by Harvard University Press. This book was released on 2014-02-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: From workers' wages to presidential elections, labor unions once exerted tremendous clout in American life. In the immediate post-World War II era, one in three workers belonged to a union. The fraction now is close to one in five, and just one in ten in the private sector. The only thing big about Big Labor today is the scope of its problems. While many studies have explained the causes of this decline, What Unions No Longer Do shows the broad repercussions of labor's collapse for the American economy and polity. Organized labor was not just a minor player during the middle decades of the twentieth century, Jake Rosenfeld asserts. For generations it was the core institution fighting for economic and political equality in the United States. Unions leveraged their bargaining power to deliver benefits to workers while shaping cultural understandings of fairness in the workplace. What Unions No Longer Do details the consequences of labor's decline, including poorer working conditions, less economic assimilation for immigrants, and wage stagnation among African-Americans. In short, unions are no longer instrumental in combating inequality in our economy and our politics, resulting in a sharp decline in the prospects of American workers and their families.
Book Synopsis You’re Paid What You’re Worth by : Jake Rosenfeld
Download or read book You’re Paid What You’re Worth written by Jake Rosenfeld and published by Harvard University Press. This book was released on 2021-01-19 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: A myth-busting book challenges the idea that we’re paid according to objective criteria and places power and social conflict at the heart of economic analysis. Your pay depends on your productivity and occupation. If you earn roughly the same as others in your job, with the precise level determined by your performance, then you’re paid market value. And who can question something as objective and impersonal as the market? That, at least, is how many of us tend to think. But according to Jake Rosenfeld, we need to think again. Job performance and occupational characteristics do play a role in determining pay, but judgments of productivity and value are also highly subjective. What makes a lawyer more valuable than a teacher? How do you measure the output of a police officer, a professor, or a reporter? Why, in the past few decades, did CEOs suddenly become hundreds of times more valuable than their employees? The answers lie not in objective criteria but in battles over interests and ideals. In this contest four dynamics are paramount: power, inertia, mimicry, and demands for equity. Power struggles legitimize pay for particular jobs, and organizational inertia makes that pay seem natural. Mimicry encourages employers to do what peers are doing. And workers are on the lookout for practices that seem unfair. Rosenfeld shows us how these dynamics play out in real-world settings, drawing on cutting-edge economics, original survey data, and a journalistic eye for compelling stories and revealing details. At a time when unions and bargaining power are declining and inequality is rising, You’re Paid What You’re Worth is a crucial resource for understanding that most basic of social questions: Who gets what and why?
Book Synopsis Pay for Performance by : National Research Council
Download or read book Pay for Performance written by National Research Council and published by National Academies Press. This book was released on 1991-02-01 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pay for performance" has become a buzzword for the 1990s, as U.S. organizations seek ways to boost employee productivity. The new emphasis on performance appraisal and merit pay calls for a thorough examination of their effectiveness. Pay for Performance is the best resource to date on the issues of whether these concepts work and how they can be applied most effectively in the workplace. This important book looks at performance appraisal and pay practices in the private sector and describes whetherâ€"and howâ€"private industry experience is relevant to federal pay reform. It focuses on the needs of the federal government, exploring how the federal pay system evolved; available evidence on federal employee attitudes toward their work, their pay, and their reputation with the public; and the complicating and pervasive factor of politics.
Book Synopsis Armstrong's Handbook of Reward Management Practice by : Michael Armstrong
Download or read book Armstrong's Handbook of Reward Management Practice written by Michael Armstrong and published by Kogan Page Publishers. This book was released on 2023-11-03 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Armstrong's Handbook of Reward Management Practice is the essential guide to comprehending, developing and implementing effective reward strategies. This updated seventh edition incorporates the latest research and developments within reward management, including the reward implications of Covid and the 'great resignation' and rewarding remote and hybrid workers. Revisions will also contain updates on reward structures, equal pay, employee benefits including wellbeing benefits, total rewards and smart rewards. This book covers all the crucial aspects of improving organizational, team and individual performance through reward processes, including financial and non-financial rewards, job evaluation, grade and pay structures, rewarding specific employee groups and ethical considerations Armstrong's Handbook of Reward Management Practice bridges the gap between the academic and practitioner and is ideally suited to both HR professionals and those studying for HR qualifications, including master's degrees and the CIPD's intermediate and advanced level qualifications. Tips and checklists and can be found throughout, alongside case studies from organizations including General Motors, and the UK National Health Service. Online supporting resources include lecture slides and comprehensive handbooks for both lecturers and students, which include learning summaries, discussion questions, literature reviews and glossaries.
Book Synopsis Skill-based Pay by : G. Douglas Jenkins
Download or read book Skill-based Pay written by G. Douglas Jenkins and published by . This book was released on 1992 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis What Future for Social Security? by : Jochen Clasen
Download or read book What Future for Social Security? written by Jochen Clasen and published by Policy Press. This book was released on 2002-07-27 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: By drawing on data and theories in a broad spectrum of disciplines, including political science, economics, sociology and law this work provides an authoritative assessment of the current state of social security reform.
Book Synopsis When Giants Learn To Dance by : Rosabeth Moss Kanter
Download or read book When Giants Learn To Dance written by Rosabeth Moss Kanter and published by Simon and Schuster. This book was released on 1990-07-15 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is based upon a wide-ranging, five-year study of some of the world's most successful companies including Kodak, IBM, Ford and CBS. It shows how to be a success in the rapidly changing corporate market place.
