Customer Reviews

The Compensation Handbook: A State-Of-The Art Guide to Compensation Strategy and Design

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4 star:		(2)
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1 star:		(1)

 

 

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.

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.

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.

This book provides a series of thoughtful articles related to all areas of compensation. It is clear at the outset, that practical application and wisdom exist throughout and it is far from an academic resource that would remain on a shelf. I use this in a graduate class that I teach for several reasons - first, it is PRACTICAL, rather than entirely theoretical; second,it is current; and third; it's affordable considering its heft and amount of great information it contains.

As a writer and compensation consultant myself, I highly recommend this newly revised edition for HR and compensation professionals seeking a solid overview reference guide to all aspects of compensation. The book provides coverage of a wide variety of relevant topics written by highly-regarded professionals.

Mind you, there are more comprehensive treatments available for specialty or "single-topic" compensation areas, such as executive or sales compensation, but none that provide the overall breadth of The Compensation Handbook as resource guide on many key areas of compensation management.

This book is a very good resource for HR professionals and job seekers alike. It was a required text for an HR class, but there is a lot of valuable information for anyone trying to really understand what is included in the salary offer given at hire.

If you are looking for a book that provides a wealth of knowledge on various compensation topics, this is your book! My only complaint is the lack of depth on each topic.

Perhaps a great resource for HR and Compensation professionals, this book is not helpful to managers or executives who need help with their compensation practices. No practical information, much more of an academic review of the world of compensation.

Received with thanks the Compensation Handbook in a very good condition. It is exactly the product I was looking for. I believe that it would be a very important reference to my business.