Strategic Reward Management

Strategic Reward Management

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This book is a summary in a readings format of what the author has learned about strategic-reward systems. The collected material draws heavily on empirical research to guide the author's conclusions. The book contains 26 articles, which are divided into 10 topical areas: (1) qIntroductionq; (2) qPay and the Changing Business Contextq; (3) qPay in New Business Environmentsq; (4) qStrategic Pay Issuesq; (5) qFrom Job Evaluation to Work Evaluationq; (6) qTeam Payq; (7) qMerit Pay Revisitedq; (8) qCompetency Payq; (9) qPay System Evaluationq; and (10) qConclusions a The Future of Strategic Rewards.q In order for strategic-reward programs to be effective, they must be carefully managed. The design, implementation, and evaluation issues raised in this book need to be carefully considered. Plans need to be administered in a manner consistent with their intent. Reward systems are doomed to fail when they are taken off the shelf and simply qadministeredq rather than developed specifically to the needs of the organization and then managed. Research on these programs clearly shows the positive impact of these plans on organizational effectiveness when they are implemented well. In addition, strategic-reward management holds great promise as a method of compensation for nontraditional reward environments, such as public sector, not-for-profit, unionized organizations. An index concludes this book. (Each chapter contains references.) (RT)Academy of Management Executive, 9(4), 49-61. Davis, L., Skiibe, C.J., Hellervik, L.W., Gebelein, S.H., aamp; Sheard, J.L. (2000). Successful managera#39;s handbook Minneapolis, MN: Personnel Decisions, Inc. CHAPTER 22 ABILITY AND EFFORT anbsp;...

Title:Strategic Reward Management
Author:Robert L. Heneman
Publisher:IAP - 2002-01-01


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