The WorldatWork Handbook of Compensation, Benefits and Total Rewards

The WorldatWork Handbook of Compensation, Benefits and Total Rewards
  • Author : WorldatWork
  • Publisher : John Wiley & Sons
  • Pages : 864
  • Relase : 2015-03-05
  • ISBN : 9781119104339

The WorldatWork Handbook of Compensation, Benefits and Total Rewards Book Review:

Praise for The WorldatWork Handbook of Compensation, Benefits& Total Rewards This is the definitive guide to compensation and benefits formodern HR professionals who must attract, motivate, and retainquality employees. Technical enough for specialists but broad inscope for generalists, this well-rounded resource belongs on thedesk of every recruiter and HR executive. An indispensable tool forunderstanding and implementing the total rewards concept, theWorldatWork Handbook of Compensation, Benefits, and TotalRewards is the key to designing compensation practices thatensure organizational success. Coverage includes: Why the total rewards strategy works Developing the components of a total rewards program Common ways a total rewards program can go wrong Designing and implementing a total rewards program Communicating the total rewards vision Developing a compensation philosophy and package FLSA and other laws that affect compensation Determining and setting competitive salary levels And much more

The WorldatWork Handbook of Total Rewards

The WorldatWork Handbook of Total Rewards
  • Author : WorldatWork
  • Publisher : John Wiley & Sons
  • Pages : 416
  • Relase : 2021-01-21
  • ISBN : 9781119682462

The WorldatWork Handbook of Total Rewards Book Review:

Equip yourself to manage, motivate, compensate, and reward everyone in this workplace revolution The future of work is here. From the shift to Millennials and Gen Z in the workforce to the advent of the Fourth Industrial Revolution and the Gig Economy, the world of work and rewards has significantly changed since the initial WorldatWork Handbook was published. Human resources and total rewards professionals need tools to equip them to manage a changing workforce. This completely revised second edition addresses the challenging and disruptive issues facing employers today and tomorrow. The WorldatWork Handbook of Total Rewards is the definitive authority on compensation and rewards from the leading global nonprofit organizations for professionals who are engaged in the critically important practice of total rewards. This book is a go-to resource for all business professionals and leaders who reward and create productive, committed and inspired workforces worldwide. Readers will learn the basics of rewards, along with a deep dive and high-level view of how rewards programs enable organizations to deliver on their brand promises and perform at their optimal level. Gain a thorough understanding of compensation and benefits, along with employee well-being, development, and recognition, all updated to address the realities of today’s workplace. Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs. Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era. Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty. Technical enough for specialists but broad in scope for managers and HR generalists, this well-rounded resource belongs on the desk of anyone interested in organizational effectiveness. An indispensable tool for understanding and implementing the total rewards concept, The WorldatWork Handbook of Total Rewards, Second Edition is the key to designing programs and practices that ensure employee engagement and organizational success.

Statistics for Compensation

Statistics for Compensation
  • Author : John H. Davis
  • Publisher : John Wiley & Sons
  • Pages : 456
  • Relase : 2011-08-24
  • ISBN : 9781118002063

Statistics for Compensation Book Review:

An insightful, hands-on focus on the statistical methods used by compensation and human resources professionals in their everyday work Across various industries, compensation professionals work to organize and analyze aspects of employment that deal with elements of pay, such as deciding base salary, bonus, and commission provided by an employer to its employees for work performed. Acknowledging the numerous quantitative analyses of data that are a part of this everyday work, Statistics for Compensation provides a comprehensive guide to the key statistical tools and techniques needed to perform those analyses and to help organizations make fully informed compensation decisions. This self-contained book is the first of its kind to explore the use of various quantitative methods—from basic notions about percents to multiple linear regression—that are used in the management, design, and implementation of powerful compensation strategies. Drawing upon his extensive experience as a consultant, practitioner, and teacher of both statistics and compensation, the author focuses on the usefulness of the techniques and their immediate application to everyday compensation work, thoroughly explaining major areas such as: Frequency distributions and histograms Measures of location and variability Model building Linear models Exponential curve models Maturity curve models Power models Market models and salary survey analysis Linear and exponential integrated market models Job pricing market models Throughout the book, rigorous definitions and step-by-step procedures clearly explain and demonstrate how to apply the presented statistical techniques. Each chapter concludes with a set of exercises, and various case studies showcase the topic's real-world relevance. The book also features an extensive glossary of key statistical terms and an appendix with technical details. Data for the examples and practice problems are available in the book and on a related FTP site. Statistics for Compensation is an excellent reference for compensation professionals, human resources professionals, and other practitioners responsible for any aspect of base pay, incentive pay, sales compensation, and executive compensation in their organizations. It can also serve as a supplement for compensation courses at the upper-undergraduate and graduate levels.

Total Rewards Communication Handbook

Total Rewards Communication Handbook
  • Author : Ezra Schneier,Austin Muzumdar
  • Publisher : Lulu.com
  • Pages : 48
  • Relase : 2014-04
  • ISBN : 1304995674

Total Rewards Communication Handbook Book Review:

A guide for human resource, benefits and compensation professionals to organize and implement Total Rewards Communication to share the full value of employment with associates. Total Rewards Communication is an effective way to enhance employee engagement and improve retention. This handbook is a step-by-step guide to creating a Total Rewards Communication solution. It includes practical advice to help any employer make Total Rewards Communication a success for their organization.

Compensation and Benefit Design

Compensation and Benefit Design
  • Author : Bashker D. Biswas
  • Publisher : FT Press
  • Pages : 400
  • Relase : 2012-12-07
  • ISBN : 9780133064858

Compensation and Benefit Design Book Review:

In Compensation and Benefit Design, Bashker D. Biswas shows exactly how to bring financial rigor to crucial "people" decisions associated with compensation and benefit program development. This comprehensive book begins by introducing a valuable Human Resource Life Cycle Model for considering compensation and benefit programs. Biswas thoroughly addresses the acquisition component of compensation, as well as issues related to general compensation, equity compensation, and pension accounting. He assesses the full financial impact of executive compensation programs and employee benefit plans, and discusses the unique issues associated with international HR systems and programs. This book contains a full chapter on HR key indicator reporting, and concludes with detailed coverage of trends in human resource accounting, and the deepening linkages between financial and HR planning. Replete with both full and "mini" case examples throughout, this book will be valuable to a wide spectrum of HR and financial professionals, with titles including compensation and benefits analysts, managers, directors, and consultants; HR specialists, accounting specialists, financial analysts, total rewards directors, controller, finance director, benefits actuaries, executive compensation consultants, corporate regulators, and labor attorneys. It also contains chapter-ending exercises and problems for use by students in HR and finance programs.

The Compensation Handbook

The Compensation Handbook
  • Author : Lance A. Berger,Dorothy R. Berger
  • Publisher : McGraw Hill Professional
  • Pages : 646
  • Relase : 2000-01-19
  • ISBN : 0071378952

The Compensation Handbook Book Review:

Straight answers to your compensation questions An A-to-Z guide to compensation strategy and design, Compensation Handbook, Fourth Edition, has been completely revised and updated to keep you on top of the important changes that have taken place in this area. Editors Lance A. Berger and Dorothy R. Berger have assembled articles by leading compensation practitioners to give you authoritative solutions to a wide range of specific compensation problems. This important new edition shares with you the best thinking on attracting and retaining outstanding employees in a tight market...executive compensation...computers and compensation...how to use a mix of compensation devices...and much, much more.

Employee Total Rewards Strategy: Creating a New and Relevant Strategy for Employee Total Rewards

Employee Total Rewards Strategy: Creating a New and Relevant Strategy for Employee Total Rewards
  • Author : Michael Dennis Graham,Ali Riyaz,Robert Cirkiel
  • Publisher : Lulu.com
  • Pages :
  • Relase :
  • ISBN : 9781387783410

Employee Total Rewards Strategy: Creating a New and Relevant Strategy for Employee Total Rewards Book Review:

Building a Magnetic Culture: How to Attract and Retain Top Talent to Create an Engaged, Productive Workforce

Building a Magnetic Culture: How to Attract and Retain Top Talent to Create an Engaged, Productive Workforce
  • Author : Kevin Sheridan
  • Publisher : McGraw Hill Professional
  • Pages : 256
  • Relase : 2011-12-16
  • ISBN : 9780071775113

Building a Magnetic Culture: How to Attract and Retain Top Talent to Create an Engaged, Productive Workforce Book Review:

Attract top talent and energize your workforce with a MAGNETIC CULTURE “Sheridan outlines simple but powerful steps to take in creating and maintaining an organization that fosters an environment with similar attraction.” —Marshall Goldsmith, Ph.D., international bestselling author of MOJO and What Got You Here Won’t Get You There “A compelling case for and guide to the creation of a high engagement/high performance workforce.” —Douglas R. Conant, retired president and CEO, Campbell Soup Company; New York Times bestselling author of TouchPoints “It’s impossible for any company to have a monopoly on talent. But it is possible to have the best culture. Sheridan shares insights and best practices for creating an engaging culture where associates can grow and thrive.” —Frits van Paassche n, president and CEO, Starwood Hotels & Resorts Worldwide, Inc. “A long time ago I discovered that when employees are passionate about their work, customers are passionate about the company. Kevin Sheridan knows that secret too. His insights on finding the right people and getting them engaged can change your culture forever.” —Quint Studer, founder of Studer Group, 2010 Malcolm Baldrige National Quality Award recipient “This book is filled with practical ideas, illuminating case stories, and fresh perspectives to stir employee engagement in any organization.” —Pamela Meyer, Ph.D., author of From Workplace to Playspace: Innovating, Learning and Changing through Dynamic Engagement About the Book: The perils of a disengaged workforce are well known—low productivity, high employee turnover, and failure to meet organization-wide goals. Less well known is what to do about it. How do you create a workforce that is always ready, able, and eager to take the organization to the next level? You have to create a MAGNETIC CULTURE. As CEO of leading employee survey and HR consulting firm HR Solutions, Inc., Kevin Sheridan knows how it’s done—and in Building a Magnetic Culture, he shares all his secrets. Building a Magnetic Culture explains what engages and motivates employees and how to create an environment in which employees can thrive. Drawing on years of research and real-world examples from his consulting experience, Sheridan gives you the strategies and tactics you need to transform your company by creating and sustaining a Magnetic Culture. Providing benchmarking and best practices, as well as interviews with executives and HR professionals at companies that boast the highest levels of employee engagement, Sheridan outlines an easy-to-follow plan that: Attracts the most talented people—and retains them Makes employees feel they are part of the value that their organization creates Increases Employee Engagement and drives productivity Boosts creativity and problem solving According to HR Solutions’ own employee survey results, actively engaged employees show four times more satisfaction in their work and are four times less likely to leave than disengaged employees are. Is there a reason not to make building a Magnetic Culture your top priority? Simply put, organizations that place a high value on actively cultivating a culture of engagement stand apart from their competition and enjoy superior business results.

Are You Paid what You're Worth?

Are You Paid what You're Worth?
  • Author : Michael O'Malley
  • Publisher : Broadway
  • Pages : 262
  • Relase : 1998-01-01
  • ISBN : 0767901312

Are You Paid what You're Worth? Book Review:

Explains the workings of the compensation systems and provides formulas to determine competitive worth

Pay Matters: The Art and Science of Employee Compensation

Pay Matters: The Art and Science of Employee Compensation
  • Author : David Weaver
  • Publisher : Lioncrest Publishing
  • Pages : 210
  • Relase : 2020-10-10
  • ISBN : 154451669X

Pay Matters: The Art and Science of Employee Compensation Book Review:

Most organizations fail to pay their employees properly-not because they don't want to, but because they don't approach compensation with a plan. The compensation landscape is changing rapidly. If you don't pay your employees what they're worth, not only will your competitors leave you behind, but you'll also leave yourself open to legal, social, and political backlash. As an HR professional or manager, how do you navigate the confusing world of compensation? Pay Matters is your go-to guide for demystifying the art and science of compensation. Step-by-step, David Weaver explains how to perform a detailed market analysis that reveals exactly how much each position in your organization should be paid. You'll also learn how to develop a pay philosophy specifically tailored to your organization and strike the elusive balance between profit and labor costs. With precisely calibrated base salaries, rewards programs, and enticing incentives, you'll be able to keep your best employees. Don't leave salaries open to the caprices of your organization's senior leaders. Approach them confidently with a proven methodology. After all, pay matters.

Solving the Compensation Puzzle

Solving the Compensation Puzzle
  • Author : Sharon Koss
  • Publisher : Society for Human Resource
  • Pages : 158
  • Relase : 2008
  • ISBN : 1586440926

Solving the Compensation Puzzle Book Review:

Whether creating a new system or filling in the gaps in an established business, this resource acts as a practical tool for dealing with compensation in the workplace. Linking pay and performance, this guidebook demonstrates how to improve a salary administration program and includes facts sheets, templates, and sample forms that can be customized to meet each organization's unique requirements.

The WorldatWork Handbook of Total Rewards

The WorldatWork Handbook of Total Rewards
  • Author : WorldatWork
  • Publisher : John Wiley & Sons
  • Pages : 416
  • Relase : 2021-02-24
  • ISBN : 9781119682448

The WorldatWork Handbook of Total Rewards Book Review:

Equip yourself to manage, motivate, compensate, and reward everyone in this workplace revolution The future of work is here. From the shift to Millennials and Gen Z in the workforce to the advent of the Fourth Industrial Revolution and the Gig Economy, the world of work and rewards has significantly changed since the initial WorldatWork Handbook was published. Human resources and total rewards professionals need tools to equip them to manage a changing workforce. This completely revised second edition addresses the challenging and disruptive issues facing employers today and tomorrow. The WorldatWork Handbook of Total Rewards is the definitive authority on compensation and rewards from the leading global nonprofit organizations for professionals who are engaged in the critically important practice of total rewards. This book is a go-to resource for all business professionals and leaders who reward and create productive, committed and inspired workforces worldwide. Readers will learn the basics of rewards, along with a deep dive and high-level view of how rewards programs enable organizations to deliver on their brand promises and perform at their optimal level. Gain a thorough understanding of compensation and benefits, along with employee well-being, development, and recognition, all updated to address the realities of today’s workplace. Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs. Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era. Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty. Technical enough for specialists but broad in scope for managers and HR generalists, this well-rounded resource belongs on the desk of anyone interested in organizational effectiveness. An indispensable tool for understanding and implementing the total rewards concept, The WorldatWork Handbook of Total Rewards, Second Edition is the key to designing programs and practices that ensure employee engagement and organizational success.

Compensation Sense 101

Compensation Sense 101
  • Author : Cassandra Faurote
  • Publisher :
  • Pages : 123
  • Relase : 2018-08-06
  • ISBN : 1732663505

Compensation Sense 101 Book Review:

The specialized field of compensation and total rewards can be complex. In Compensation $ense 101, noted expert and compensation services consultant Cassandra Faurote provides common sense answers to key questions as an essential resource that can help the seasoned C-suite executive, compensation specialist, or even a Human Resources generalist, understand and manage these critical functions in any organization.

Strategic Compensation and Talent Management

Strategic Compensation and Talent Management
  • Author : Jed DeVaro
  • Publisher : Cambridge University Press
  • Pages : 361
  • Relase : 2020-03-31
  • ISBN : 9781108495202

Strategic Compensation and Talent Management Book Review:

This engaging core textbook on compensation develops a market-driven perspective, written with managers in mind.

Compensation and Benefits Manual - User Guide

Compensation and Benefits Manual - User Guide
  • Author : Indranil Gupta
  • Publisher :
  • Pages : 114
  • Relase : 2020-04-08
  • ISBN : 9798623094537

Compensation and Benefits Manual - User Guide Book Review:

The Compensation and Benefits Manual is a detailed illustration of Total Rewards, an advanced model of Human Resource management that goes beyond employee remuneration, which helps organizations to not only attract, motivate and retain, but also ensure building engaged employees, enhancing their performance and improving their competitiveness in the global workforce market.WHAT YOU WILL LEARN1.Fundamental concepts of compensation, benefits, rewards & total rewards.2.Link your compensation philosophies & strategies to your organization goals & HR objectives.3.About job evaluations & job pricing, and their significance in setting salaries & employee rewards.4.About the key statistical methodologies used in compensation research & data analysis.5.How to design appropriate & relevant total compensation plans & reward programs.6.About the principles of evaluating performance and linking performance to effective rewards.7.About market compensation & benefits benchmarking surveys & how to use the market data results in determining your internal salary levels.8.How to develop performance-based pay systems & other variable pay programs.9.How to design compensation structures & flexible pay plans based on tax laws and statutory compliances.10.How to design effective reward communication programs for your business successCONTENT AND COVERAGE1.CHAPTER 1 : COMPENSATION SYSTEMSIntroduction, Understanding of the Fundamentals of Compensation, Benefits, Rewards, Total Rewards, Components of Compensation Systems, Compensation Systems in the Indian Environment, Compensation Approach and Framework. 2.CHAPTER 2: REWARD CONCEPTS Reward Philosophy, Reward Strategy, Total Reward Programs, Factors Affecting Rewards, Statutory Compliances, Environmental Factors, Impact of Globalization on Compensation Programs.3.CHAPTER 3 : JOB EVALUATION AND PRICINGJob Evaluation, Aspects of Job Evaluation, Job Evaluation Methodologies, Job Design, Point Rating Method, Hay Guide Chart Profile, Job Evaluation and Pay Determination, Job Pricing, Broad Banding, Linking Job Points to Pay Points.4.CHAPTER 4 : COMPENSATION SURVEYS & DATA ANALYSISCompensation Surveys, Types of Surveys, Job Equivalence, Survey Data Analysis, Job Evaluation and Salary Data, Grade Point and Market Salary, Median Pay, Percentiles, Compensation Ratios, Salary Rates, Salary Equity, Market Parity.5.CHAPTER 5 : DEVELOPING COMPENSATION STRUCTURESEvolution of Compensation Structures, Types of Employee Rewards, Standard Reward Practices, Flexible Pay Programs, Developing Different Compensation Structures in a Global Environment, Communicating of Compensation and Benefits Structures as 'Employee Value Proposition'.6.CHAPTER 6 : VARIABLE PAY PLANSVariable Pays, Types of Variable Pays (STI, MTI, LTI), Trends in Variable Pays, Designing Variable Pays, Steps in Introducing Variable Pays, Rewarding Critical Roles & Hot Skills, Different Types of Variable Pay Programs. 7.CHAPTER 7 : LINKING REWARDS TO PERFORMANCE Defining Performance Parameters, Measuring Performance, Basic Guidelines for Rewarding, Typical Reward Models, Linking Rewards to Performance, Pay for Performance, Integrating Total Rewards with Job, Market & Performance.8.CHAPTER 8 : REWARD COMMUNICATIONCommunication of Reward Programs, Changing Approach to Reward Communications, Steps in Effective Reward Communication, Implementation Guidelines for Reward Programs in Organizations.9.CHAPTER 9 : CASE STUDIESMeritt has trained more than 1,000 HR, Line and Business Professionals from over 500 Organizations from India and Middle East Countries. Meritt delivers these Trainings through its dedicated Training Division, called "MERITT LEARNING CENTER". For details contact -Meritt Learning Center9810557518; 7428466822;info@merittconsultants.comwww.merittconsultants.com

The Talent Management Handbook

The Talent Management Handbook
  • Author : Lance Berger,Dorothy Berger
  • Publisher : McGraw Hill Professional
  • Pages : 450
  • Relase : 2003-09-22
  • ISBN : 9780071436120

The Talent Management Handbook Book Review:

The Talent Management Handbook explains how organizations can identify and get the most out of “high-potential people” by developing and promoting them to key positions. The book explains: 1. A system for integrating three human resources “building blocks”: organizational competencies, performance appraisal, and forecasting employee/manager potential 2. Six human resources conditions necessary for organization excellence 3. How to link your employee assessment process to career planning and development The Talent Management Handbook will help you design career plans that boost employee morale, as well as create and sustain excellence in your organization. It is full of simple, efficient, easy-to-follow methods for assessing, planning, and developing high-value people to meet your organization’s current and future needs. And it will help you combine your organization’s diverse human resources activities into a single, cogent system. Featuring best practices from leading companies as well as contributions from field experts who hold top positions in such leading HR consultancies as AON Consulting, The Hay Group, Hewitt Associates, Right Management Consulting. Sibson Consulting, and Towers Perrin, The Talent Management Handbook is an authoritative resource for creating and maintaining excellence in your organization through people management.

The Three Signs of a Miserable Job

The Three Signs of a Miserable Job
  • Author : Patrick M. Lencioni
  • Publisher : John Wiley & Sons
  • Pages : 272
  • Relase : 2010-06-03
  • ISBN : 9780470893999

The Three Signs of a Miserable Job Book Review:

The Guide to Becoming an Employee Benefits Know It All

The Guide to Becoming an Employee Benefits Know It All
  • Author : Denise Perkins
  • Publisher : Createspace Independent Publishing Platform
  • Pages : 116
  • Relase : 2016-02-12
  • ISBN : 1530827809

The Guide to Becoming an Employee Benefits Know It All Book Review:

Updated: July 2017 to include 130 employee benefit reference sources (surveys, legal references, periodicals, books, government guides, professional associations and certifications). This Guide is chock full of resources, information and real life examples selected to assist new and and developing employee benefit and HR professionals in learning about and confidently managing workplace employee benefit programs. Instead of providing summaries of employee benefit statutes and regulations, this Guide focuses on where to find reliable sources to interpret and implement them. There are also real life examples of the challenges and triumphs of administering workplace benefits, including leaves of absence, claim disputes, benefit plan communication and more. Employee benefit professionals learn their craft on the job and with the help of the occasional seminar or certification course. However, this approach to learning is slow. At its worst it can perpetuate misinformation and misunderstanding. To fill in the gaps in knowledge of real life employee benefit administration, new and developing employee benefit professionals can learn from the real world challenges and triumphs of seasoned benefit pros. Also includes 6 Bonus Documents (Microsoft Word and Excel templates to calculate premium changes, adjust benefit deductions, create personalized compensation statements and COBRA notices and use pivot tables and VLOOKUP) that will take your benefits game to the next level. Lastly, an "Instructors Guide" is available to colleges and universities to teach the concepts outlined throughout the book. This separate Guide includes an in-class discussion outline for each book chapter, as well as group and independent class assignments.

Dianne Auld's Excel Tips

Dianne Auld's Excel Tips
  • Author : Dianne Auld
  • Publisher :
  • Pages : 514
  • Relase : 2020-10-30
  • ISBN : 1579633919

Dianne Auld's Excel Tips Book Review:

While the role of today's total rewards professionals has become more strategic and business-oriented, some fundamentals of the job will always hold true. One such fundamental is math. Focusing on how to use Excel for compensation work, Excel guru and WorldatWork faculty member, Dianne Auld continues to pack this latest edition full with powerful tools so you can tackle even your biggest data projects. This book includes the ever-useful compensation and benefits formulas presented in previous editions, PLUS discover how to put dynamic arrays and power query to work! This new edition reflects the most current versions of software: Excel 2019 and Microsoft 365. You'll gain tips, tricks and formulas so Excel works for you, employing ASAP utilities, array formulas, power queries, etc. when building charts, regression analyses, pivot tables and more. This book is a must-have, go-to resource for every compensation and benefits professional. Now with Power Query and Dynamic Arrays! Gain tips, tricks and formulas so Excel does the math for you when building charts, regression analyses, pivot tables and more. Reflects current versions of Excel 2019 and Microsoft 265 including Power Query and Dynamic Arrays.

A Handbook of Employee Reward Management and Practice

A Handbook of Employee Reward Management and Practice
  • Author : Michael Armstrong
  • Publisher : Kogan Page Publishers
  • Pages : 548
  • Relase : 2007
  • ISBN : 0749449624

A Handbook of Employee Reward Management and Practice Book Review:

This second edition has been completely updated to provide guidance on the various approaches to use in developing and managing reward strategies, policies, and processes.