Reward Management: A Handbook of Remuneration Strategy and Practice Review

Reward Management: A Handbook of Remuneration Strategy and Practice
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Tricky as it may sound to execute, this is a solid, concise introduction to reward strategy and management. Authors Michael Armstrong and Helen Murlis begin with the broadest, most elementary definition of reward strategy and management, but quickly dig down to pay dirt. They provide insider details on job evaluation schemes, antidiscrimination legislation, motivation and the other logistical choices required for reward management. Considered a classic by some in the field, their book offers quite a granular discussion of grade and pay structures, performance management, contingent pay and even the use of consultants. Its primary flaw is its steady use of one author's employer - the Hay Group consulting firm - as the constant exemplar of reward scheme models and methods. We find that this thorough, practical book provides all the ingredients you need to cook up a "best practices" reward management program.

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Product Description:
Based on British practice but also of interest to American HR professionals, Reward Management has been judged "the undisputed 'bible' on the topic" by the Journal of Administrative Management. This definitive book explains reward management, which is concerned with formulating and implementing policies and strategies that aim to reward people fairly, equitably, and consistently in accordance with their value to the organization. It examines in detail the processes and various approaches that can be adopted to achieve and reward outstanding skill and competence levels in the workplace. Comprehensive and highly practical in its approach, it takes a strategic perspective and addresses the wide gap that exists between theory and practice, with a focus on the implications for practitioners.

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