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Compensation,9780072969412

Compensation

by ;
Edition: 9th
Format: Hardcover
Pub. Date: 2/9/2007
Publisher(s): McGraw-Hill/Irwin

Summary

As the market-leading text in its course area,COMPENSATION, 9th Editionby Milkovich and Newman offers current research material, in-depth discussion of topics, integration of Internet coverage, excellent pedagogy, and a truly engaging writing style. The 9th edition continues to examine the strategic choices in managing total compensation. The total compensation model introduced in chapter one serves as an integrating framework throughout the book. The authors discuss major compensation issues in the context of current theory, research, and real-business practices. Milkovich and Newman strive to differentiate beliefs and opinions from facts and scholarly research. They illustrate new developments in compensation practices as well as established approaches to compensation decisions.

Table of Contents

The Pay Model
Strategic Perspectives
Internal Alignment: Determining the Structure
Defining Internal Alignment
Job Analysis
Evaluating Work: Job Evaluation
Person-Based Structures
External Competitiveness: Determining the Pay Level
Defining Competitiveness
Designing Pay Levels, Mix, and Pay Structures
Employee Contributions: Determining Individual Pay
Pay for Performance: The Evidence
Pay for Performance Plans
Performance Appraisals
Employee Benefits
The Benefits Determination Process
Benefit Options
Extending the System
Compensation of Special Groups
Union Role in Wage and Salary Administration
International Pay Systems
Managing the System
Government and Legal Issues in Compensation
Budgets and Administration
Table of Contents provided by Publisher. All Rights Reserved.

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