ISBN-10:
0134409833
ISBN-13:
9780134409832
Pub. Date:
06/28/1997
Publisher:
Simon & Schuster Adult Publishing Group
Strategic Compensation: A Human Resource Management Approach / Edition 1

Strategic Compensation: A Human Resource Management Approach / Edition 1

by Joseph J. Martocchio

Hardcover

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Overview

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. The book covers all aspects of strategic compensation, designing compensation systems, employee benefits and contemporary strategic compensation challenges. For managers and human resource professionals involved in compensation issues.

Product Details

ISBN-13: 9780134409832
Publisher: Simon & Schuster Adult Publishing Group
Publication date: 06/28/1997
Edition description: Older Edition
Pages: 426
Product dimensions: 8.26(w) x 10.34(h) x 0.90(d)

About the Author

  • Ph.D. in Human Resource Management School of Labor and Industrial Relations, Michigan State University, 1989
  • Master of Labor and Industrial Relations, Michigan State University, 1986
  • Bachelor of Science in Organizational Behavior, Babson College, 1984

Research Interests

Martocchio's research interests focus on various human resource management issues, including employee training, compensation, and absenteeism. He is the author of numerous articles in such journals as Journal of Applied Psychology, Personnel Psychology, Academy of Management Journal, and the Industrial and Labor Relations Review. Martocchio received the Ernest J. McCormick Award for Distinguished Early Career Contributions from the Society for Industrial and Organizational Psychology. He also is a fellow of the Society as well as the American Psychological Association.

Martocchio is the editor of an annual research series titled Research in Personnel and Human Resources Management, published by Elsevier. The series publishes monograph length conceptual papers designed to promote theory and research on important substantive and methodological topics in the field of human resources management.

He is currently the Professional Development Workshop Chair of the Academy of Management Human Resource Division. He will assume additional leadership roles, culminating in the Chair of the HR Division.

Table of Contents

I. SETTING THE STAGE FOR STRATEGIC COMPENSATION.

1. Strategic Compensation: A Component of Human Resource Systems.
2. Strategic Compensation in Action: Strategic Analysis and Contextual Factors.
3. Contextual Influences on Compensation Practice.

II. BASES FOR PAY.

4. Traditional Bases for Pay: Seniority and Merit.
5. Incentive Pay.
6. Person-Focused Pay.

III. DESIGNING COMPENSATION SYSTEMS.

7. Building Internally Consistent Compensation Systems.
8. Building Market-Competitive Compensation Systems.
9. Building Pay Structures That Recognize Individual Contributions.

IV. EMPLOYEE BENEFITS.

10. Legally Required Benefits.
11. Discretionary Benefits.

V. CONTEMPORARY STRATEGIC COMPENSATION CHALLENGES.

12. International Compensation.
13. Compensating Executives.
14. Compensating the Flexible Workforce: Contingent Employees and Flexible Work Schedules.
Glossary of Key Terms.
Author Index.
Subject Index.

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