Compensation

Compensation
Author: George T. Milkovich
Publisher: McGraw-Hill/Irwin
Total Pages: 0
Release: 2002
Genre: Compensation management
ISBN: 9780072436716

COMPENSATION by Milkovich and Newman is the market-leading text in this course area. It offers instructors current research material, in depth discussion of topics, integration of Internet coverage, a modern design, excellent pedagogy, and a truly engaging writing style. George Milkovich and Jerry Newman are viewed as leading authorities in the field of Human Resource Management/Compensation. They consult with leading businesses, have won teaching awards, and publish in the leading journals. Milkovich received a career contribution award from WorldatWork (formerly American Compensation Association) in 2000. COMPENSATION examines the strategic choices in managing total compensation. The total compensation model introduced in chapter one serves as an integrating framework throughout the book. The authors discuss compensation issues in the context of current theory, research, and real-business practices. Milkovich/Newman strive to differentiate between beliefs and facts, and opinions from scholarly research. Adopters tell us that students get job offers based on the knowledge they get from this book.

The WorldatWork Handbook of Compensation, Benefits and Total Rewards

The WorldatWork Handbook of Compensation, Benefits and Total Rewards
Author: WorldatWork
Publisher: John Wiley & Sons
Total Pages: 864
Release: 2015-03-05
Genre: Business & Economics
ISBN: 1119104335

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

The Insurance Professional's Practical Guide to Workers' Compensation

The Insurance Professional's Practical Guide to Workers' Compensation
Author: Chris Boggs
Publisher: Lulu.com
Total Pages: 224
Release: 2009-04-15
Genre: Business & Economics
ISBN: 0578020963

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.

Compensation

Compensation
Author: Barry Gerhart
Publisher: SAGE
Total Pages: 320
Release: 2003-05-07
Genre: Business & Economics
ISBN: 0761921079

`Gerhart and Rynes provide a thorough, comprehensive review of the vast literatures relevant to compensation. Their insights regarding the integration of economic, psychological and management perspectives are particularly enlightening. This text provides an invaluable tool for those interested in advancing our understanding of compensation practices' - Alison Barber, Eli Broad College of Business, Michigan State UniversityCompensation provides a comprehensive, research-based review of both the determinants and effects of compensation. Combining theory and research from a variety of disciplines, authors Barry Gerhart and Sara Rynes examine the three major compensation decisions - pay level, pay structure and pay delivery systems.Revealing the impact of different compensation policies, this interdisciplinary volume examines: the relationship between performance-based pay and intrinsic motivation; implications of individual pay differentials for team or unit performance; the consequences of pay for performance policies; effect sizes and practical significance of compensation findings; and directions for future research.Compensation considers why organizations pay people the way they do and how various pay strategies influence the success of organizations. Critically evaluating areas where research is inconsistent with common beliefs, Gerhart and Rynes explore the motivational effects of compensation.Primarily intended for graduate students in human resource management, psychology, and organizational behaviour courses, this book is also an invaluable reference for compensation management consultants and organizational development specialists.

Pay Matters: The Art and Science of Employee Compensation

Pay Matters: The Art and Science of Employee Compensation
Author: David Weaver
Publisher: Lioncrest Publishing
Total Pages: 210
Release: 2020-10-10
Genre: Business & Economics
ISBN: 9781544516691

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.

Who Gets What

Who Gets What
Author: Kenneth R. Feinberg
Publisher: PublicAffairs
Total Pages: 242
Release: 2012-06-26
Genre: Social Science
ISBN: 1610390768

Agent Orange, the 9/11 Victim Compensation Fund, the Virginia Tech massacre, the 2008 financial crisis, and the Deep Horizon gulf oil spill: each was a disaster in its own right. What they had in common was their aftermath -- each required compensation for lives lost, bodies maimed, livelihoods wrecked, economies and ecosystems upended. In each instance, an objective third party had to step up and dole out allocated funds: in each instance, Presidents, Attorneys General, and other public officials have asked Kenneth R. Feinberg to get the job done. In Who Gets What?, Feinberg reveals the deep thought that must go into each decision, not to mention the most important question that arises after a tragedy: why compensate at all? The result is a remarkably accessible discussion of the practical and philosophical problems of using money as a way to address wrongs and reflect individual worth.

The Law of Divine Compensation

The Law of Divine Compensation
Author: Marianne Williamson
Publisher: Harper Collins
Total Pages: 91
Release: 2012-11-27
Genre: Self-Help
ISBN: 0062205439

Wealth and abundance are our divine right, learn to embrace prosperity with #1 New York Times bestselling author Marianne Williamson – preorder her latest, The Mystic Jesus, picking up where A Return to Love left off In The Law of Divine Compensation, revered spiritual guide Marianne Williamson teaches how, with faith in God’s promise of love and abundance for all, we need never fear the future. There are two realms that we have the ability to inhabit: the physical realm and the spiritual realm. In the physical realm, we find ourselves stressed by debt, unemployment, health bills, and more. While these fears are real, we don’t have to find ourselves stuck there. Instead, we can enter the spiritual realm, where God has promised to make abundance and prosperity available to us all. We do not need to be worried; we do not need to be preoccupied with our current financial situation; we do not need to fear the future. We just need to have the right mindset, the right faith that the power of God can and will work with the universe to produce miracles in our lives. If we live our lives to the best of our abilities, God will work with the universe to help give us everything we need.

Consider Your Options

Consider Your Options
Author: Kaye A. Thomas
Publisher: Fairmark Press Inc.
Total Pages: 290
Release: 2005
Genre: Business & Economics
ISBN: 0967498171

This is the 2005 edition of the most popular book on employee stock options. It's a major revision from the previous edition, with new design, content and organization to make it even easier for employees to learn what they need to know about their equity compensation.

Statistics for Compensation

Statistics for Compensation
Author: John H. Davis
Publisher: John Wiley & Sons
Total Pages: 414
Release: 2011-08-24
Genre: Mathematics
ISBN: 1118002067

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.

An Introduction to Executive Compensation

An Introduction to Executive Compensation
Author: Steven Balsam
Publisher: Academic Press
Total Pages: 410
Release: 2002
Genre: Business & Economics
ISBN: 9780120771264

General readers have no idea why people should care about what executives are paid and why they are paid the way they are. That's the reason that The Wall Street Journal, Fortune, Forbes, and other popular and practitioner publications have regular coverage on them. This book not only proposes a reason - executives need incentives in order to maximize firm value (economists call this agency theory) - it also describes the nature and design of executive compensation practices. Those incentives can take the form of benefits (salary, stock options), or prerquisites (reflecting the status of the executive within the organizational culture.