The day of the automatic merit pay rise and cost-of-living increase is over. Today's focus is on performance-based approaches to compensation and benefits that will effectively support the present and future requirements of the corporation. This updated edition of "The Handbook of Wage and Salary Administration" addresses this vital shift in compensation philosophy that has occurred since the last edition was published in 1984. Compensation experts provide advanced thinking on job analysis and documentation, job evaluation technologies, compensation surveys, contingency-based compensation plans, current executive compensation practices, productivity measurement, and the use of computers in compensation. "The Compensation Handbook" is a desktop reference for making informed practical decisions on new policies and procedures affecting today's compensation issues. The work spotlights the strategic and tactical aspects of compensation planning in an era of corporate raids and restructuring, and describes a broad range of contingency-based approaches to compensation, benefits, and job evaluation. It explains how to select, install, and maintain computer-assisted job evaluation, salary administrative, and executive compensation technologies to support administrative expectations, strategic organizational goals, and human resources philosophies. It also demonstrates how to gauge an organization's "cultural readiness" for a particular compensation approach by comparing the way different organizations and employee groups respond to various reward programs.
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Book Description
Editorial Reviews
From the Back Cover
The "Bible" of compensation--in a new revised edition. When compensation and human resources professionals need guidance, they turn to The Compensation Handbook. For almost 30 years, The Compensation Handbook has been recognized as the most authoritative reference in the field, providing simple, direct answers to every important problem in compensation. In the current, highly competitive market for employees, no book could be more timely than this Fourth Edition of The Compensation Handbook. Edited by experts Lance and Dorothy Berger, it features 75% completely new material showing you how to attract, retain, and motivate the key employees and executives your business needs. The Compensation Handbook provides: coherent strategies and well-orchestrated planning guidelines for all aspects of compensation; data and guidance from more than 50 top leaders in the field; up-to-date help with base compensation, variable compensation, executive compensation, performance and compensation, compensation and corporate culture, and international compensation; worksheets, checklists, evaluation forms, and other useful instruments; much more. The most informative and authoritative reference on compensation--period--The Handbook of Compensation belongs within arm's reach of any professional who works in the field.
--This text refers to an out of print or unavailable edition of this title.
About the Author
Lance A. Berger is CEO of Lance A. Berger & Associates, Ltd., a management consulting firm specializing in compensation and change management. A former general partner for the largest compensation practice worldwide at the Hay Group, he wrote and edited (with Milton Rock) The Compensation Handbook, Third Edition. He also wrote The Change Management Handbook: A Road Map to Corporate Transformation and Deengineering the Corporation: Leading Growth from Within. He has been a featured speaker at the United Nations, The Conference Board, American Management Association, and the American Compensation Association. Dorothy R. Berger is managing director of Haverford Business Press, a firm specializing in the development of business publications. She edited The Change Management Handbook, Deengineering the Corporation, and is the for The Change Manager newsletter.
--This text refers to an out of print or unavailable edition of this title.
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Most Helpful Customer Reviews
57 of 62 people found the following review helpful:
5.0 out of 5 stars
The Compensation Handbook,
This review is from: The Compensation Handbook (Hardcover)
As a compensation consultant, I sought a comprehensive guide for all aspects of the field. The 4th edition of The Compensation Handbook provides simple and direct answers for every compensation problem. It is a virtual "who's who" of compensation professionals providing well-constructed, concise information on area of expertise. No matter what information I seek -- from base compensation, variable compensation, executive compensation, performance and compensation, compensation and corporate culture, or international compensation -- I can find pertinent, practical guidance in this one book. Compensation issues that are currently challenging every company - regardless of size, age, industry -- are especially well developed in The Compensation Handbook. The section on Corporate Culture containing chapters on "Culture and Compensation" and "Connecting Compensation, Behaviors, Culture, and Strategy to Win" by William M. Mercer consultants, "Rewarding Scarce Talent" by Patricia Zingheim, "Gaining a Competitive Edge by Improving the Return on Human Capital" by Peter LeBlanc, and "The Role of Work-Life Benefit in the Total Pay Strategy" covers issues that every compensation practitioner or human resources professional will grapple with in the forseeable future. Even the effect of technology and computers on compensation administration are handled in The Compensation Handbook. Information on global compensation strategies is relevant not only to practitioners by to anyone seeking employment on foreign soil or working for a foreign company. The Compensation Handbook is a winner.
25 of 25 people found the following review helpful:
5.0 out of 5 stars
The Compensation Handbook,
This review is from: The Compensation Handbook (Hardcover)
As a compensation consultant, I sought a comprehensive guide for all aspects of the field. The 4th edition of The Compensation Handbook provides simple and direct answers for every compensation problem. It is a virtual "who's who" of compensation professionals providing well-constructed, concise information on their area of expertise. No matter what information I seek -- from base compensation, variable compensation, executive compensation, performance and compensation, compensation and corporate culture, or international compensation -- I can find pertinent, practical guidance in this one book. Compensation issues that are currently challenging every company - regardless of size, age, or industry -- are especially well developed in The Compensation Handbook. The section on Corporate Culture containing chapters on "Culture and Compensation" and "Connecting Compensation, Behaviors, Culture, and Strategy to Win" by William M. Mercer consultants, "Rewarding Scarce Talent" by Patricia Zingheim, "Gaining a Competitive Edge by Improving the Return on Human Capital" by Peter LeBlanc, and "The Role of Work-Life Benefits in the Total Pay Strategy" covers issues that every compensation practitioner or human resources professional will grapple with in the forseeable future. Even the effect of technology and computers on compensation administration are handled in The Compensation Handbook. Information on global compensation strategies is relevant not only to practitioners but to anyone seeking employment on foreign soil or working for a foreign company. The Compensation Handbook is a winner.
3 of 3 people found the following review helpful:
4.0 out of 5 stars
Great Reference,
This review is from: The Compensation Handbook (Hardcover)
I found this book to be an invaluable reference for my research in the area of compensation. It covers all of the main topics in compensation management with articles from the best minds in the field. The trend summary and chapter introductions provide an overview that is interesting and insightful. That kind of analysis is hard to find. The information is surprisingly up to date, since change is slow in this field.The book is essential for compensation professionals.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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human assets, bottom liners, managing human resources, business impact, global compensation processes, communicating compensation programs, forced ranking process, executive compensation strategy, voting advisory services, chicken efficiency, nonmonetary awards, compensation program design, local national employees, many employment agreements, cash severance, total rewards strategy, merit increase budget, data privacy regulations, award cards, workforce segments, sales compensation plan, total direct compensation, variable pay plans, pay techniques, award catalogs Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, Balanced Scorecard, Total Rewards, American Compensation Association, Decade of Company Experiences With Broadbanding, The Academy, Vurv Technologies, Human Capital Institute, Harvard Business Review, North America, Towers Perrin, Hewitt Associates, Internal Revenue Code, San Francisco, Life With Broadbands, Academy of Management Journal, Burger King, Freedom Yearners, Civil Service Commission, Mercer Human Resource Consulting, Radford Surveys, Harvard Business School Press, Safe Harbor, Awards Seekers Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
human assets, bottom liners, managing human resources, business impact, global compensation processes, communicating compensation programs, forced ranking process, executive compensation strategy, voting advisory services, chicken efficiency, nonmonetary awards, compensation program design, local national employees, many employment agreements, cash severance, total rewards strategy, merit increase budget, data privacy regulations, award cards, workforce segments, sales compensation plan, total direct compensation, variable pay plans, pay techniques, award catalogs Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, Balanced Scorecard, Total Rewards, American Compensation Association, Decade of Company Experiences With Broadbanding, The Academy, Vurv Technologies, Human Capital Institute, Harvard Business Review, North America, Towers Perrin, Hewitt Associates, Internal Revenue Code, San Francisco, Life With Broadbands, Academy of Management Journal, Burger King, Freedom Yearners, Civil Service Commission, Mercer Human Resource Consulting, Radford Surveys, Harvard Business School Press, Safe Harbor, Awards Seekers Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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