Book Description:
ISBN-13: 9780134320540
“Strategic Compensation: A Human Resource Management Approach” is a comprehensive guide to understanding and implementing effective compensation strategies within organizations. The 9th edition of this book covers the latest trends and best practices in compensation management, providing readers with a thorough understanding of how compensation impacts employee motivation, engagement, and overall organizational success.
The book explores various compensation models, including pay-for-performance, total rewards, and executive compensation, and offers practical advice on designing and implementing compensation programs that align with organizational goals and objectives. Readers will learn how to conduct job analysis, evaluate market data, and develop competitive compensation packages that attract and retain top talent.
In addition to discussing traditional compensation practices, the book also delves into emerging trends such as flexible work arrangements, remote work, and the gig economy, and how these factors are reshaping the way organizations approach compensation. Case studies and real-world examples are used throughout the book to illustrate key concepts and provide readers with practical insights into the complexities of compensation management.
“Strategic Compensation: A Human Resource Management Approach” is a valuable resource for HR professionals, managers, and students looking to enhance their understanding of compensation strategies and practices in today’s dynamic business environment.
This edition retains the full content with the added advantage of portability, allowing readers to easily access and engage with the material from any device, whether in a classroom or during fieldwork.