Pay Matters: The Art and Science of Employee Compensation

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Author :
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.

The WorldatWork Handbook of Compensation, Benefits and Total Rewards

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Author :
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 formodern HR professionals who must attract, motivate, and retainquality employees. Technical enough for specialists but broad inscope for generalists, this well-rounded resource belongs on thedesk of every recruiter and HR executive. An indispensable tool forunderstanding and implementing the total rewards concept, theWorldatWork Handbook of Compensation, Benefits, and TotalRewards is the key to designing compensation practices thatensure 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

Statistics for Compensation

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Author :
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.

The WorldatWork Handbook of Total Rewards

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119682460
Total Pages : 416 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 2021-01-21 with total page 416 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.

Compensation Sense 101

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Author :
Publisher :
ISBN 13 : 9781732663503
Total Pages : 123 pages
Book Rating : 4.6/5 (635 download)

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Book Synopsis Compensation Sense 101 by : Cassandra Faurote

Download or read book Compensation Sense 101 written by Cassandra Faurote and published by . This book was released on 2018-08-06 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: The specialized field of compensation and total rewards can be complex. In Compensation $ense 101, noted expert and compensation services consultant Cassandra Faurote provides common sense answers to key questions as an essential resource that can help the seasoned C-suite executive, compensation specialist, or even a Human Resources generalist, understand and manage these critical functions in any organization.

The Compensation Handbook

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Author :
Publisher : McGraw Hill Professional
ISBN 13 : 9780071378956
Total Pages : 672 pages
Book Rating : 4.3/5 (789 download)

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Book Synopsis The Compensation Handbook by : Lance A. Berger

Download or read book The Compensation Handbook written by Lance A. Berger and published by McGraw Hill Professional. This book was released on 2000-01-19 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: Straight answers to your compensation questions An A-to-Z guide to compensation strategy and design, Compensation Handbook, Fourth Edition, has been completely revised and updated to keep you on top of the important changes that have taken place in this area. Editors Lance A. Berger and Dorothy R. Berger have assembled articles by leading compensation practitioners to give you authoritative solutions to a wide range of specific compensation problems. This important new edition shares with you the best thinking on attracting and retaining outstanding employees in a tight market...executive compensation...computers and compensation...how to use a mix of compensation devices...and much, much more.

Fair Pay

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Publisher : HarperCollins
ISBN 13 : 0062998293
Total Pages : 333 pages
Book Rating : 4.0/5 (629 download)

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Book Synopsis Fair Pay by : David Buckmaster

Download or read book Fair Pay written by David Buckmaster and published by HarperCollins. This book was released on 2021-06-29 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Longlisted for the 2021 Porchlight Business Book Awards, Management & Workplace Culture An expert takes on the crisis of income inequality, addressing the problems with our current compensation model, demystifying pay practices, and providing practical information employees can use when negotiating their salaries and discussing how we can close the gender and racial pay gap. American workers are suffering economically and fewer are earning a living wage. The situation is only worsening. We do not have a common language to talk about pay, how it works at most companies, or a cohesive set of practical solutions for making pay more fair. Most blame the greed of America’s executive class, the ineptitude of government, or a general lack of personal motivation. But the negative effects of income inequality are a problem that can be solved. We don’t have to choose between effective government policy and the free market, between the working class and the job creators, or between socialism and capitalism, David Buckmaster, the Director of Global Compensation for Nike, argues. We do not have to give up on fixing what people are paid. Ideas like Universal Basic Income will not be enough to avoid the severe cultural disruption coming our way. Buckmaster examines income inequality through the design and distribution of income itself. He explains why businesses are producing no meaningful wage growth, regardless of the unemployment rate and despite sitting on record piles of cash and the lowest tax rates[0] in a generation . He pulls back the curtain on how corporations make decisions about wages and provides practical solutions—as well as the corporate language—workers need to get the best results when talking about money with a boss. The way pay works now will not overcome our most persistent pay challenges, including low and stagnant wages, unequal pay by race and gender, and executive pay levels untethered from the realities of the average worker. The compensation system is working as designed, but that system is broken. Fair Pay opens the corporate black box of pay decisions to show why businesses pay what they pay and how to make them pay more.

Strategic Compensation and Talent Management

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1108495206
Total Pages : 407 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Strategic Compensation and Talent Management by : Jed DeVaro

Download or read book Strategic Compensation and Talent Management written by Jed DeVaro and published by Cambridge University Press. This book was released on 2020-04-02 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: This engaging core textbook on compensation develops a market-driven perspective, written with managers in mind.

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.

Scaling Up Compensation

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Author :
Publisher : Forbesbooks
ISBN 13 : 9781955884181
Total Pages : pages
Book Rating : 4.8/5 (841 download)

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Book Synopsis Scaling Up Compensation by :

Download or read book Scaling Up Compensation written by and published by Forbesbooks. This book was released on 2022-04-12 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Guide on Employee Compensation and Benefits

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Author :
Publisher :
ISBN 13 : 9789710111244
Total Pages : pages
Book Rating : 4.1/5 (112 download)

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Book Synopsis Guide on Employee Compensation and Benefits by : Elvin B. Villanueva

Download or read book Guide on Employee Compensation and Benefits written by Elvin B. Villanueva and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Compensation

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Publisher :
ISBN 13 : 9781259255502
Total Pages : 768 pages
Book Rating : 4.2/5 (555 download)

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Book Synopsis Compensation by : George T. Milkovich

Download or read book Compensation written by George T. Milkovich and published by . This book was released on 2016-03-16 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Brave New Work

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Publisher : Penguin
ISBN 13 : 0525536213
Total Pages : 304 pages
Book Rating : 4.5/5 (255 download)

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Book Synopsis Brave New Work by : Aaron Dignan

Download or read book Brave New Work written by Aaron Dignan and published by Penguin. This book was released on 2019-02-19 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: “This is the management book of the year. Clear, powerful and urgent, it's a must read for anyone who cares about where they work and how they work.” —Seth Godin, author of This is Marketing “This book is a breath of fresh air. Read it now, and make sure your boss does too.” —Adam Grant, New York Times bestselling author of Give and Take, Originals, and Option B with Sheryl Sandberg When fast-scaling startups and global organizations get stuck, they call Aaron Dignan. In this book, he reveals his proven approach for eliminating red tape, dissolving bureaucracy, and doing the best work of your life. He’s found that nearly everyone, from Wall Street to Silicon Valley, points to the same frustrations: lack of trust, bottlenecks in decision making, siloed functions and teams, meeting and email overload, tiresome budgeting, short-term thinking, and more. Is there any hope for a solution? Haven’t countless business gurus promised the answer, yet changed almost nothing about the way we work? That’s because we fail to recognize that organizations aren’t machines to be predicted and controlled. They’re complex human systems full of potential waiting to be released. Dignan says you can’t fix a team, department, or organization by tinkering around the edges. Over the years, he has helped his clients completely reinvent their operating systems—the fundamental principles and practices that shape their culture—with extraordinary success. Imagine a bank that abandoned traditional budgeting, only to outperform its competition for decades. An appliance manufacturer that divided itself into 2,000 autonomous teams, resulting not in chaos but rapid growth. A healthcare provider with an HQ of just 50 people supporting over 14,000 people in the field—that is named the “best place to work” year after year. And even a team that saved $3 million per year by cancelling one monthly meeting. Their stories may sound improbable, but in Brave New Work you’ll learn exactly how they and other organizations are inventing a smarter, healthier, and more effective way to work. Not through top down mandates, but through a groundswell of autonomy, trust, and transparency. Whether you lead a team of ten or ten thousand, improving your operating system is the single most powerful thing you can do. The only question is, are you ready?

Strategic Compensation

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Author :
Publisher : Prentice Hall
ISBN 13 : 9780132620758
Total Pages : 0 pages
Book Rating : 4.6/5 (27 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 Prentice Hall. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resource added for the Human Resources program 101161.

Drive

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Author :
Publisher : Penguin
ISBN 13 : 1101524383
Total Pages : 272 pages
Book Rating : 4.1/5 (15 download)

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Book Synopsis Drive by : Daniel H. Pink

Download or read book Drive written by Daniel H. Pink and published by Penguin. This book was released on 2011-04-05 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestseller that gives readers a paradigm-shattering new way to think about motivation from the author of When: The Scientific Secrets of Perfect Timing Most people believe that the best way to motivate is with rewards like money—the carrot-and-stick approach. That's a mistake, says Daniel H. Pink (author of To Sell Is Human: The Surprising Truth About Motivating Others). In this provocative and persuasive new book, he asserts that the secret to high performance and satisfaction-at work, at school, and at home—is the deeply human need to direct our own lives, to learn and create new things, and to do better by ourselves and our world. Drawing on four decades of scientific research on human motivation, Pink exposes the mismatch between what science knows and what business does—and how that affects every aspect of life. He examines the three elements of true motivation—autonomy, mastery, and purpose-and offers smart and surprising techniques for putting these into action in a unique book that will change how we think and transform how we live.

The Best Place to Work

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Author :
Publisher : Penguin
ISBN 13 : 1101625538
Total Pages : 352 pages
Book Rating : 4.1/5 (16 download)

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Book Synopsis The Best Place to Work by : Ron Friedman, PhD

Download or read book The Best Place to Work written by Ron Friedman, PhD and published by Penguin. This book was released on 2014-12-02 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: For readers of Malcolm Gladwell, Daniel Pink, and Freakonomics, comes a captivating and surprising journey through the science of workplace excellence. Why do successful companies reward failure? What can casinos teach us about building a happy workplace? How do you design an office that enhances both attention to detail and creativity? In The Best Place to Work, award-winning psychologist Ron Friedman, Ph.D. uses the latest research from the fields of motivation, creativity, behavioral economics, neuroscience, and management to reveal what really makes us successful at work. Combining powerful stories with cutting edge findings, Friedman shows leaders at every level how they can use scientifically-proven techniques to promote smarter thinking, greater innovation, and stronger performance. Among the many surprising insights, Friedman explains how learning to think like a hostage negotiator can help you diffuse a workplace argument, why placing a fish bowl near your desk can elevate your thinking, and how incorporating strategic distractions into your schedule can help you reach smarter decisions. Along the way, the book introduces the inventor who created the cubicle, the president who brought down the world’s most dangerous criminal, and the teenager who single-handedly transformed professional tennis—vivid stories that offer unexpected revelations on achieving workplace excellence. Brimming with counterintuitive insights and actionable recommendations, The Best Place to Work offers employees and executives alike game-changing advice for working smarter and turning any organization—regardless of its size, budgets, or ambitions—into an extraordinary workplace.

The Vibrant Workplace

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Publisher :
ISBN 13 : 9780802415035
Total Pages : 0 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis The Vibrant Workplace by : Paul E. White

Download or read book The Vibrant Workplace written by Paul E. White and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It happens all the time: a leader reads a book or goes to a conference and learns great new ideas for their organization. But when they try to implement changes, nothing budges. Why? It's because work cultures are deeply rooted. Paul White knows this, and it's why he wrote The Vibrant Workplace: to give workplace leaders a thorough understanding of the most common obstaclesto change, plus the skills to overcome them. Pairing real-life examples with professional advice and research, White offers a guide to uprooting negativity and cultivating authentic appreciation and resiliency in the workplace. Any workplace can be healthy. It just takes knowledge of the issues and skills to navigate them, which is exactly what this book provides. Readers will be equipped to successfully overhaul their workplace environment and infuse it with authentic appreciation.