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The art and science of compensation practice.

Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company’s competitive advantage.

The sixth edition has been thoroughly revised to reflect the latest data and issues, and contains new features and cases.

Table of Contents

PART I: SETTING THE STAGE FOR STRATEGIC COMPENSATION

Chapter 1: Strategic Compensation: A Component of Human Resource Systems
Chapter 2: Contextual Influences on Compensation Practice

PART II: BASES FOR PAY

Chapter 3: Traditional Bases for Pay: Seniority and Merit
Chapter 4: Incentive Pay
Chapter 5: Person-Focused Pay

PART III: DESIGNING COMPENSATION SYSTEMS

Chapter 6: Building Internally Consistent Compensation Systems
Chapter 7: Building Market-Competitive Compensation Systems
Chapter 8: Building Pay Structures That Recognize Employee Contributions

PART IV: EMPLOYEE BENEFITS

Chapter 9: Discretionary Benefits
Chapter 10: Employer-Sponsored Retirement Plans and Health Insurance Programs
Chapter 11: Legally Required Benefits

PART V: COMPENSATION CHALLENGES FOR STRATEGIC EMPLOYEE GROUPS

Chapter 12: Compensating Executives
Chapter 13: Compensating the Flexible Workforce: Contingent Employees and Flexible Work Schedules

PART VI: COMPENSATION ISSUES AROUND THE WORLD

Chapter 14: Compensating Expatriates
Chapter 15: Pay and Benefits Outside the United States

432 pages , Paperback