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Compensation for Teams: How to Design and Implement Team-Based Reward Programs [Hardcover]

Steven E. Gross (Author)

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Book Description

Publication Date: December 7, 1995 | ISBN-10: 0814402992 | ISBN-13: 978-0814402993

This guide is a comprehensive look at how to handle one of the worst problems facing companies: how to structure compensation policies in our era of teams. The book shows how appropriate rewards can reinforce productive team behaviour. It explains how to: create different pay strategies for three different kinds of teams; determine base pay for team members; align four key components of the compensation system - base pay, increases in base pay, recognition awards and incentive compensation; help employees accept, risk and adapt to change (and reduce conflict and fear); recognize 21 competencies vital to successful teamwork measure performance of all members; and get culture change and compensation change "in sync". This guide includes a 13-step process for planning, designing and implementing a team compensation programme, and supplies results of a nationwide survey, many examples and case studies.

#outer_postBodyPS { display: none; } #psGradient { display: none; } #psPlaceHolder { display: none; } #psExpand { display: none; } This guide is a comprehensive look at how to handle one of the worst problems facing companies: how to structure compensation policies in our era of teams. The book shows how appropriate rewards can reinforce productive team behaviour. It explains how to: create different pay strategies for three different kinds of teams; determine base pay for team members; align four key components of the compensation system - base pay, increases in base pay, recognition awards and incentive compensation; help employees accept, risk and adapt to change (and reduce conflict and fear); recognize 21 competencies vital to successful teamwork measure performance of all members; and get culture change and compensation change "in sync". This guide includes a 13-step process for planning, designing and implementing a team compensation programme, and supplies results of a nationwide survey, many examples and case studies.

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Product Details

Hardcover: 336 pages
Publisher: AMACOM (December 7, 1995)
Language: English
ISBN-10: 0814402992
ISBN-13: 978-0814402993
Product Dimensions: 10.1 x 7 x 1 inches
Shipping Weight: 1.5 pounds
Amazon Best Sellers Rank: #1,361,517 in Books (See Top 100 in Books)

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More About the Author

› Visit Amazon's Steven E. Gross Page

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Inside This Book (learn more)

First Sentence:
There weren't any covered wagons, but in some respects it was a pioneering journey that Unisys made to Bismarck, North Dakota, in 1994. Read the first page

Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
compensation architecture, spot cash awards, increasing base pay, predetermined incentives, compensation team, noncash awards, noncash recognition, parallel teams, new compensation program, incentive payouts, payout formula, functional culture, nonexempt workers, behavioral competencies, skill block, team competencies, variable pay, competency model, process teams, incentive compensation, phantom stock, team pay

Key Phrases - Capitalized Phrases (CAPs): (learn more)
Hallmark Cards, Team-Based Pay Survey, American Compensation Association, London Life, Universal Card Services, American Meter, American Airlines, Communication Program, Design Components, Joseph Hospital, Non-Cash Awards, Transition Approach, Aligning Compensation, Excellence Award, Methodology Phase, Pre-Determined Incentives, Weighted Scoring

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Books on Related Topics | Concordance | Text Stats

Citations (learn more)

This book cites 1 book:

The Wisdom of Teams: Creating the High-Performance Organization (Collins Business Essentials) by Jon R. Katzenbach on page 23

3 books cite this book:

Aligning Pay and Results: Compensation Strategies That Work from the Boardroom to the Shop Floor by Howard Risher in Back Matter
Creating Partnerships: Unleashing Collaborative Power in the Workplace by Cynthia King on page 60
Negotiating Globally: How to Negotiate Deals, Resolve Disputes, and Make Decisions Across Cultures by Jeanne M. Brett in Back Matter

Books on Related Topics (learn more)

Compensating the Sales Force by David J. Cichelli

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The Compensation Handbook by Milton L. Rock

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Are You Paid What You're Worth? by Michael O'Malley

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Harvard Business Review on Compensation by Jeffrey Pfeffer

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