Strategic Compensation: A Human Resource Management Approach, 10th edition

Published by Pearson (September 15, 2020) © 2020

  • Joseph J. Martocchio University of Illinois at Urbana-Champaign

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ISBN-13: 9780135639672 (2020 update)

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Strategic Compensation: A Human Resource Management Approach demonstrates the art and science of compensation practice and its role in a company's competitive advantage. Through focused activities and supporting course material, you'll build a solid foundation in the subject.

The 10th Edition focuses on compensation context, criteria, design, and challenges along with employee benefits at home and around the world. With this text, you'll gain the knowledge and skills needed to become a successful compensation professional in the field.

PART 1: SETTING THE STAGE FOR STRATEGIC COMPENSATION
1. Strategic Compensation: A Component of Human Resource Systems
2. Contextual Influences on Compensation Practice

PART 2: BASES FOR PAY
3. Traditional Bases for Pay: Seniority and Merit
4. Incentive Pay
5. Person-Focused Pay

PART 3: DESIGNING COMPENSATION SYSTEMS
6. Building Internally Consistent Compensation Systems
7. Building Market-Competitive Compensation Systems
8. Building Pay Structures that Recognize Employee Contributions

PART 4: EMPLOYEE BENEFITS
9. Discretionary Benefits
10. Legally Required Benefits

PART 5: CONTEMPORARY STRATEGIC COMPENSATION CHALLENGES
11. Compensating Executives
12. Compensating the Flexible Workforce: Contingent Employees and Flexible Work Schedules

PART 6: COMPENSATION ISSUES AROUND THE WORLD
13. Compensating Expatriates
14. Pay and Benefits outside the United States

Epilogue: Challenges Facing Compensation Professionals

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