Strategic Compensation: A Human Resource Management Approach, 1/e
Joseph J. Martocchio, University of Illinois at Urbana-Champaign
Published June, 1997 by Prentice Hall Business Publishing
Copyright 1998, 426 pp.
Sign up for future
mailings on this subject.
See other books about:
Appropriate for courses in Compensation Management.
Strategic Compensation: A Human Resource Management Approach
reflects the importance of employees as a key element of strategic
compensation programs. In exploring the art of compensation and its
role in promoting companies' competitive advantages, the author develops
a solid understanding of compensation practices, the context of compensation
practice, the criteria used to compensate employees, compensation
system design issues, employee benefits, and contemporary challenges
that compensation professionals will face well into the 21st century.
Emphasizes the key role of compensation systems in attaining
and sustaining competitive advantage as well as the overall value
of compensation systems as an essential business tool.
Considers compensation as an integral part of human resource
management systems, exploring the relationships between compensation
and other human resource management practices.
Features entire chapters on current compensation issues,
Guides readers through a sound instructional framework in
each chapter, including a chapter outline, learning objectives, key
terms, discussion questions, and special-interest boxes.
- Legal context.
- International compensation.
- Executive compensation.
- Contingent workers and workers on flexible schedules.
Integrates exploratory exercises using the World Wide
Web featuring a complete web page offering exercises and information.
- Each chapter's Reflections box prompts students
to recognize the deeper or not-so-obvious implications of compensation
- The Flip Side of the Coin box, also found in each
chapter, points out both sides of some current compensation issues.
- visit website at: www.prenhall.com/martocchio.
I. SETTING THE STAGE FOR STRATEGIC COMPENSATION.
1. Compensation: A Component of Human Resource Systems.
2. Strategic Compensation: Attaining Competitive Advantage.
3. Contextual Influences on Compensation Practice.
II. BASES FOR PAY.
4. Traditional Bases for Pay: Seniority and Merit.
III. DESIGNING COMPENSATION SYSTEMS.
5. Incentive Pay.
6. Pay-For-Knowledge and Skill-Based Pay.
7. Building Internally Consistent Compensation Systems.
IV. EMPLOYEE BENEFITS.
8. Building Market-Competitive Compensation Systems.
9. Building Pay Structures that Recognize Individual Contributions.
10. Legally-Required Benefits.
V. CONTEMPORARY STRATEGIC COMPENSATION CHALLENGES.
11. Discretionary Benefits.
12. International Compensation.
13. Compensating Executives.
14. Compensating the Flexible Work Force: Contingent Employees
and Flexible Work Schedules.
Glossary of Key Terms.