Managerial Compensation Based on Organizational Performance
Author | : Jone L. Pearce |
Publisher | : |
Total Pages | : 44 |
Release | : 1984 |
Genre | : Compensation management |
ISBN | : |
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Author | : Jone L. Pearce |
Publisher | : |
Total Pages | : 44 |
Release | : 1984 |
Genre | : Compensation management |
ISBN | : |
Author | : Luis R. Gomez-Mejia |
Publisher | : Routledge |
Total Pages | : 405 |
Release | : 2014-12-18 |
Genre | : Business & Economics |
ISBN | : 1317473965 |
This up-to-date, research-oriented textbook focuses on the relationship between compensation systems and firm overall performance. In contrast to more traditional compensation texts, it provides a strategic perspective to compensation administration rather than a functional viewpoint. The text emphasizes the role of managerial pay, its importance, determinants, and impact on organizations. It analyzes recent topics in executive compensation, such as pay in high technology firms, managerial risk taking, rewards in family companies, and the link between compensation and social responsibility and ethical issues, among others. The authors provide a thorough and comprehensive review of the vast literatures relevant to compensation and revisit debates grounded in different theoretical perspectives. They provide insights from disciplines as diverse as management, economics, sociology, and psychology, and amplify previous discussions with the latest empirical findings on compensation, its dynamics, and its contribution to firm overall performance.
Author | : Deb |
Publisher | : Excel Books India |
Total Pages | : 444 |
Release | : 2009 |
Genre | : Compensation management |
ISBN | : 9788174466907 |
Author | : Thomas P. Flannery |
Publisher | : Simon and Schuster |
Total Pages | : 292 |
Release | : 2002-01-15 |
Genre | : Business & Economics |
ISBN | : 074323653X |
People, Performance, and Pay identifies today's four most common organizational work cultures - functional, process, time-based, and network - and explains how to align innovative pay policies with each. With examples from LEGO, Hallmark, Holiday Inn, and other leading organizations, the authors explain how to assess an organization's current culture and determine what its future culture should be. They then demonstrate pay's role in such change initiatives, and how compensation must be integrated with other human resource processes, such as selection, training, and performance management. They also discuss the full range of pay strategies available today and how they can be best used to move the organization forward; for example, they recommend decreasing an organization's emphasis on base pay as it shifts from a functional culture to a process, time-based, or network culture. They also offer guidance on establishing team rewards, especially important in process and team-based cultures, and make a compelling case for putting more pay at risk through variable pay strategies. Here also is strategic advice on competency-based pay, performance-based rewards such as gain-sharing, executive pay, and benefits programs. As responsibility for compensation strategies and compensation decisions shifts away from the realm of the Human Resource Department, line managers and senior executives will find People, Performance, and Pay an invaluable reference for effectively using salary, incentives, and benefits to motivate and reward employees, improve quality, and increase productivity.
Author | : Barry A. Gerhart |
Publisher | : |
Total Pages | : 122 |
Release | : 1990 |
Genre | : Corporate profits |
ISBN | : |
Author | : Luis R. Gomez-Mejia |
Publisher | : Thomson South-Western |
Total Pages | : 444 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Author | : Mercer, LLC |
Publisher | : John Wiley & Sons |
Total Pages | : 288 |
Release | : 2009-03-17 |
Genre | : Business & Economics |
ISBN | : 047047811X |
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.
Author | : S.S. UPADHYAY |
Publisher | : Global India Publications |
Total Pages | : 328 |
Release | : 2009-12 |
Genre | : Compensation management |
ISBN | : 9789380228389 |
This book outlines a new way of looking at rewards-a holistic approach that uses measurement to determine what an organization actually valuses (in terms of skills, knowledge, experience and behaviors).Further it analyzes the impact of the braod spectrum of reward programs (pay benefits and carrers) on human capital and, in turn, on an organization's profitability.It discusses variable pay programmes, competency models to employee reward, talent management for business optimization, compenation in Not-For-Profit Organizations, designing the annual management incentive plan etc.
Author | : Dr. Pradip Kumar Das, Dr. Madan Chhetri & Ms. Roshni Tamang |
Publisher | : Ashok Yakkaldevi |
Total Pages | : 171 |
Release | : 2021-08-26 |
Genre | : Art |
ISBN | : 1304730247 |
Introduction The question of what is compensation is important to both the employer and employee and is important to be answered in their relationship. Compensation is the total cash and non-cash payment that is exchanged between employee and organization for the work done by the employee for the organization. Compensation is more than an employee’s regular paid wages. It mainly include base pay, sales commission, overtime wages, bonus pay, recognition or merit pay, benefits (insurances, standard, vacation policy, retirement, stock option, other non- cash benefits). The compensation helps in motivating employees and ensuring that they are committed in achieving the company goals. The level of compensation offered is dependent on a number of factors, including salaries paid by similar companies for similar roles, the employee’s skill set and productivity and projected financial strength of the company. There are numerous ways to decide the appropriate compensation of an employee.
Author | : Matthew C. Bloom |
Publisher | : |
Total Pages | : 46 |
Release | : 1997 |
Genre | : Incentive awards |
ISBN | : |