Business-Driven Compensation Policies
Subtitle: Integrating Compensation Systems With Corporate Strategies
Edition: 1st edition
Publisher: American Management Association; Amacom
Published: January 15, 2000
Language: eng
Format: Hardcover
Number of pages: 326
ISBN-13: 9780814405413
Subjects: Personnel & human resources management; Working patterns & practices; Human Resources & Personnel Management; Business/Economics; Business & Economics; Business / Economics / Finance; Rating of; Business planning; Compensation management; Employees
First sentence: The ultimate goal of a pay system is to align the goals and interests of employees with the goals and interests of the organization.
Description: "More than just a standard outline of reward systems-of-the-moment, this book explains the do's and don'ts of building a competitive, successful pay system - and helps you avoid the failures inherent in a pay system that stands apart from your company's overall business plan.

The book covers: sources of business strategy; forces influencing compensation strategy; work analysis and evaluation; base pay systems and structures; measurement of individual, team, and organizational rewards; strategic pay design, implementation, and evaluation.".

"Effective, easily understood compensation policies, linked to established corporate strategies and missions, are the key to unlocking productivity. Misunderstood or poorly conceived compensation policies can be equally devastating. Use Business-Driven Compensation Policies to align your organization's pay policies with its overall goals - and institute policies to ensure that every employee understands his or her role in the overall success of the organization."--BOOK JACKET.