You are previewing The Compensation Handbook, Sixth Edition: A State-of-the-Art Guide to Compensation Strategy and Design, 6th Edition.
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The Compensation Handbook, Sixth Edition: A State-of-the-Art Guide to Compensation Strategy and Design, 6th Edition

Book Description

The definitive guide for HR and compensation professionals—revised to help you achieve a sustainable competitive advantage for your company

The theme of the sixth edition of the classic compensation guide aligns with business’s number-one goal today: achieving a sustainable competitive advantage.

The Compensation Handbook shows you how to deal effectively with five strategic human capital issues: innovation, attracting talent and retention, big data, workforce changes, business advantage through compensation programs.

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright Page
  4. Contents
  5. Preface
  6. Part I Introduction
    1. 1 The State of the Compensation Practice
    2. 2 Using a Total Rewards Strategy to Achieve Competitive Advantage
    3. 3 Aligning Total Compensation Programs with Organization Values and Strategy
    4. 4 Winning Compensation Strategies for Organizational Sustainability
    5. 5 Excelling as a Compensation Professional
    6. 6 Emerging Compensation Issues
  7. Part II Base Salary
    1. 7 Positioning Salary Structures within the Total Rewards Context
    2. 8 Selecting and Developing a Salary Structure
    3. 9 Making Merit Pay and Bonuses Matter
    4. 10 The Purpose and Nature of Job Evaluation
    5. 11 Optimizing the Use of Salary Surveys
    6. 12 Rationale for and Approaches to Benchmarking
    7. 13 Paying for Skills, Knowledge, and Competencies
    8. 14 Using Nonmonetary Awards to Support Behaviors that Drive Business Results
  8. Part III Variable Compensation
    1. 15 Choosing the Incentive Compensation Program that Best Promotes Performance
    2. 16 Designing and Implementing Effective Variable Pay Programs
    3. 17 Aligning Sales Compensation Plan Design with Talent Retention Strategy
    4. 18 Developing and Applying a Return-on-Investment Methodology to Drive Sales Force Performance
    5. 19 Creating a Culture of Collaboration, Innovation, and Performance through Team-Based Incentives
    6. 20 Revolutionizing Workplace Culture through Scanlon Gain Sharing
  9. Part IV Executive Compensation
    1. 21 Formulating and Implementing an Executive Compensation Strategy
    2. 22 Designing and Executing Long-Term Incentive Plans
    3. 23 Regulating Executive Compensation
    4. 24 Formulating Executive Employment Agreements
    5. 25 Cracking the Secret Code of Long-Term Incentives in Private Companies
  10. Part V Compensation and the Board
    1. 26 The Compensation Committee and Executive Pay
    2. 27 Dynamics of CEO Pay
    3. 28 Board Compensation
    4. 29 Structuring Board and Executive Pay
    5. 30 Compensation Committee of the Board
    6. 31 Creating an Effective CEO Succession-Planning Process
  11. Part VI Performance and Compensation
    1. 32 A Framework for Designing a Performance-Management Process
    2. 33 Choosing a Performance-Appraisal System
    3. 34 Linking Compensation to Competitive Business Value
    4. 35 Using Financial Rewards to Drive Productivity
    5. 36 New Developments and Issues in Pay for Performance
    6. 37 Making Calibration an Integral Part of a Performance-Appraisal System
    7. 38 Guidelines for Effective Executive Performance Appraisals
  12. Part VII Talent Management and Compensation
    1. 39 Employing Novel Ways to Use Compensation to Win the Talent Wars
    2. 40 Strengthening the Link between Compensation and Return on Investment
    3. 41 Incorporating Work/Life Effectiveness into a Total Rewards Strategy
    4. 42 A Methodology for Effectively Communicating Compensation Programs
  13. Part VIII Global Compensation
    1. 43 Critical Expatriate Compensation Issues and Practices
    2. 44 Global Local National Compensation Issues and Practices
    3. 45 Employing Novel Compensation Approaches to Compete for Expatriate Talent
  14. Part IX Big Data
    1. 46 A Guide to Realizing the Value of Big Data
    2. 47 Using Workforce Analytics to Make Effective Compensation Decisions
    3. 48 Making Better Compensation Decisions in the Age of Big Data
    4. 49 Using Big Data to Enhance the Value of Compensation Programs
    5. 50 Turning Data into Compensation Information
    6. 51 Exploring New Technologies that Enhance Compensation Programs
  15. Contributors
  16. Index
  17. About the Editors