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Strategic Compensation: A Human Resource Management Approach, 6th Edition

by: Joe Martocchio

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On-line Price: $144.38 (includes GST)

Hardcover package 432

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Retail Price: $166.38

Publisher: ,11.01.10

Category: Human Resource Management Level:

ISBN: 0136106404
ISBN13: 9780136106401

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Description


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For graduate and undergraduate courses in compensation, staffing, and human resources.

The art and science of compensation practice.

Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company's competitive advantage.

The sixth edition has been thoroughly revised to reflect the latest data and issues, and contains new features and cases.



New To This Edition

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NEW! Provide an insider's perspective: Compensation in Action. The sixth edition contains a new feature, Compensation in Action, which appears at the end of every chapter. This feature provides clear and functional information that illustrates how line managers, employees, and compensation professionals interact to put compensation concepts into practice.

NEW! Spark discussion: Short end-of-chapter cases. Real-world compensation issues are highlighted in this text's short end-of-chapter cases. These cases are accompanied by questions to facilitate class discussion, and can be used as homework assignments. Recommended answers are provided in the resources section of the text's website: www.pearsonhighered.com/martocchio.


  * Supplemental short cases are also available to students on the text's website. These cases also correspond with chapter material.

Updated! Keep cases current: The Building Strategic Compensation Systems casebook. Thoroughly revised to reflect current economic realities, the casebook also features new illustrations and screen captures from the accompanying software to help make concepts more accessible to students.



Features and Benefits

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For graduate and undergraduate courses in compensation, staffing, and human resources.

The art and science of compensation practice.

Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company's competitive advantage.

The sixth edition has been thoroughly revised to reflect the latest data and issues, and contains new features and cases.

Cover topics based on your semester schedule: A flexible format. This text contains fifteen chapters, which can be tailored to suit a ten- or fifteen-week schedule. These chapters are also broken down into six parts to help further segment the material into a typical semester time frame:


  * Part I: Setting the Stage for Strategic Compensation


  * Part II: Bases for Pay


  * Part III: Designing Compensation Systems


  * Part IV: Employee Benefits


  * Part V: Compensation Challenges for Strategic Employee Groups


  * Part VI: Compensation Issues Around the World

NEW! Provide an insider's perspective: Compensation in Action. The sixth edition contains a new feature, Compensation in Action, which appears at the end of every chapter. This feature provides clear and functional information that illustrates how line managers, employees, and compensation professionals interact to put compensation concepts into practice.

NEW! Spark discussion: Short end-of-chapter cases. Real-world compensation issues are highlighted in this text's short end-of-chapter cases. These cases are accompanied by questions to facilitate class discussion, and can be used as homework assignments. Recommended answers are provided in the resources section of the text's website: www.pearsonhighered.com/martocchio.


  * Supplemental short cases are also available to students on the text's website. These cases also correspond with chapter material.

Make it relevant: Material that's accessible majors and non-majors. Virtually ever manager will be involved in making compensation decisions, which is why this text is relevant to human resource management majors, as well as accounting, finance, management, international management, marketing, and organizational behavior majors.


  * Even practitioners starting to work in compensation or current professionals will find Strategic Compensation a useful reference.

Updated! Keep cases current: The Building Strategic Compensation Systems casebook. Thoroughly revised to reflect current economic realities, the casebook also features new illustrations and screen captures from the accompanying software to help make concepts more accessible to students.

OTHER POINTS OF DISTINCTION

Offer practice in developing a compensation plan: An Accompanying Experiential Case. This text comes with an accompanying experiential case: Building Strategic Compensation Systems. This case allows students to work in small compensation consulting teams charged with developing a compensation plan for a company named e-sonic. The project is divided into four sections, which correspond to fundamental goals of compensation practitioners. This project will give students hands-on practice and an insider's perspective on compensation plan issues.



Table of Contents

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PART I: SETTING THE STAGE FOR STRATEGIC COMPENSATION


  
Chapter 1: Strategic Compensation: A Component of Human Resource Systems


  
Chapter 2: Contextual Influences on Compensation Practice


  
PART II: BASES FOR PAY


  
Chapter 3: Traditional Bases for Pay: Seniority and Merit


  
Chapter 4: Incentive Pay


  
Chapter 5: Person-Focused Pay


  
PART III: DESIGNING COMPENSATION SYSTEMS


  
Chapter 6: Building Internally Consistent Compensation Systems


  
Chapter 7: Building Market-Competitive Compensation Systems


  
Chapter 8: Building Pay Structures That Recognize Employee Contributions


  
PART IV: EMPLOYEE BENEFITS


  
Chapter 9: Discretionary Benefits


  
Chapter 10: Employer-Sponsored Retirement Plans and Health Insurance Programs


  
Chapter 11: Legally Required Benefits


  
PART V: COMPENSATION CHALLENGES FOR STRATEGIC EMPLOYEE GROUPS


  
Chapter 12: Compensating Executives


  
Chapter 13: Compensating the Flexible Workforce: Contingent Employees and Flexible Work Schedules


  
PART VI: COMPENSATION ISSUES AROUND THE WORLD


  
Chapter 14: Compensating Expatriates


  
Chapter 15: Pay and Benefits Outside the United States