Strategic Compensation: A Human Resource Management Approach

Strategic Compensation: A Human Resource Management Approach

<b> </b> This text provides knowledge of the art and science of compensation practice and its role in promoting companies€ competitive advantage.<br> <b> <br> </b> Strategic Compensation: A Component of Human Resource Systems; Contextual Influences on Compensation Practice; Traditional Bases for Pay: Seniority and Merit; Incentive Pay; Person-Focused Pay; Building Internally Consistent Compensation Systems; Building Market-Competitive Compensation Systems; Building Pay Structures That Recognize Employee Contributions; Discretionary Benefits; Employer-Sponsored Retirement Plans and Health Insurance Programs; Legally Required Benefits; Compensating Executives; Compensating the Flexible Workforce: Contingent Employees and Flexible Work Schedules; Compensating Expatriates; Pay and Benefits Outside the United States<br> <br> <b> </b> For managers and HR professionals interested in understanding compensation practice and strategy.<br> <br>