Reward Management
Comprehensive and highly practical in its approach, the book shows that reward management is about performance – of individuals, teams and the whole organization.
Based on the authors’ experience, research and benchmarking activities, this definitive book explains that reward management is about performance – of individuals, teams and the whole organization. It examines in detail the processes and various approaches that can be adopted to achieve and reward outstanding skill and competence levels in the workplace.
Comprehensive and highly practical in its approach, Reward Management takes a strategic perspective and addresses the wide gap that exists between theory and practice, with a focus on the implications for practitioners.
This revised fifth edition includes new and updated chapters on age discrimination, bonus schemes, recognition schemes and pensions.
REVIEWS :“A detailed and reliable record of the present state of play… For
an accurate picture of how remuneration strategy and practice fit in to
reward management you cannot go wrong.”
Benefits and Compensation International
Hardback, 736 Pages, Dimensions 234 x 156 MM Language English.
Part 1 Fundamentals of Reward Management
1. Overview of Reward Management
2. Total Reward and Engaged Performance
3. Strategic Reward
4. Reward Policies
5. The Psychological Contract
6. Motivation and Financial and Non-financial Rewards
7. Factors Affecting Levels of Pay
8. Age Discrimination
Part 2 The Evaluation and Development of Reward Processes
9. Evaluation of Reward Processes
10. Development of Reward Processes
Part 3 Assessing Job Size and Relativities
11. Job and Role Analysis
12. Job Evaluation: Processes and Schemes
13. Job Evaluation: Scheme Design and Operation
14. Equal Pay for Work of Equal Value
15. Market Rate Surveys and Reward Research
Part 4 Grade and Pay Structures
16. Types of Grade and Pay Structures
17. Grade and Pay Structure Design
18. Implementing New Grade and Pay Structures
Part 5 Performance Management
19. The Basis of Performance Management
20. Performance Management in Practice
Part 6 Contingent Pay – Pay Progression: Rewarding Performance, Competence and Contribution
21. Contingent Pay – General Considerations
22. Individual Contingent Pay
23. Bonus Schemes
24. Executive Annual Incentive Schemes
25. Employee and Executive Share Schemes
26. Team Rewards
27. Gainsharing – Sharing in Corporate Success
28. Profit Sharing
29. Recognition Schemes
30. Shop floor Incentive and Bonus Schemes
31. Salesforce Incentive Schemes
32. Other Cash Payments and Allowances
Part 7 Employee Benefits and Pensions
33. Employee Benefits
34. Flexible Benefits
35. Pensions
36. Tax Considerations
Part 8 Special Aspects of Reward Management
37. Boardroom Pay
38. International Remuneration
39. Mergers and Acquisitions
40. Reward Policies for New, Start-up and High-growth Organizations
Part 9 Managing Reward Processes
41. Reward Management Procedures
42. Communicating the Benefits
43. Developing and Introducing Reward Management Processes – The Use of Consultants
Part 10 Questions and Trends
44. Reward Management Questions
45. Trends in Reward Management
Michael Armstrong is a Companion and former Chief Examiner of the Chartered Institute of Personal Development (CIPD), joint managing partner of e-reward and an independent management consultant.
He is the author of several best-selling HR titles including Armstrong’s Handbook of Human Resource Management Practice, Armstrong’s Handbook of Reward Management Practice, Armstrong’s Handbook of Performance Management, Strategic Human Resource Management and Armstrong’s Handbook of Management and Leadership
Helen Murlis has 25 years' experience working on reward strategy and performance improvement issues across public and private sectors. She writes for and teaches national and international audiences and also practices as an executive coach.