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A handbook of employee reward management and practice / Michael Armstrong.

By: Armstrong, Michael, 1928-.
Material type: materialTypeLabelBookPublisher: London ; Philadelphia : Kogan Page, 2007Edition: 2nd ed.Description: xii, 548 p. : ill. ; 25 cm.ISBN: 0749449624; 9780749449629.Other title: Employee reward management and practice.Subject(s): Incentives in industry | Employee motivationDDC classification: 658.3142
Contents:
Part 1: The fundamentals of reward management -- Part 2: The conceptual framework -- Part 3: Establishing job values and relativities -- Part 4: Grade and pay structures -- Part 5: Rewarding and reviewing contribution and performance -- Part 6: Reward management for special groups -- Part 7: Employee benefits and pension schemes -- Part 8: Reward management procedures.
Holdings
Item type Current library Call number Copy number Status Barcode
General lending MTU Bishopstown Library Lending 658.3142 (Browse shelf(Opens below)) 1 Available 00159214
Total holds: 0

Enhanced descriptions from Syndetics:

The first edition of this book emerged as the definitive guide to reward management and also became an established reference work on human resource management courses around the world. It's not hard to see why.Covering everything you need to know about reward management in a company, the handbook is both highly readable as well as containing an impressive programme of tried and tested techniques for running efficient and motivational reward programmes.The techniques covered include: establishing job values and relativities; developing grade and pay structures; how to reward and review contribution and performance; how to reward special groups; running employee benefit and pension schemes; and so much more.This new edition contains new research conducted by E-Reward, as well as over 30 new case studies and brand new coverage of key topics such as engagement and commitment, bonus schemes and rewarding knowledge workers. If you are involved in developing reward schemes for staff, or are studying human resource management, then this book will open your eyes to the latest thinking in staff motivation and reward.

Includes bibliographical references (pages 518-529) and index.

Part 1: The fundamentals of reward management -- Part 2: The conceptual framework -- Part 3: Establishing job values and relativities -- Part 4: Grade and pay structures -- Part 5: Rewarding and reviewing contribution and performance -- Part 6: Reward management for special groups -- Part 7: Employee benefits and pension schemes -- Part 8: Reward management procedures.

Table of contents provided by Syndetics

  • Part 1 The fundamentals of reward management
  • 1 Reward management: an overview Reward management defined
  • The aims of reward management
  • Achieving the aims
  • The reward system
  • Elements of a reward system
  • Factors affecting reward management policy and practice
  • The development of reward management
  • References
  • 2 The context of reward management The internal environment
  • The external environment
  • Impact of the environment
  • References
  • 3 Total reward Total reward defined
  • The significance of total reward
  • Benefits of total reward
  • Model of total reward
  • Relational rewards
  • Developing a total reward approach
  • Approaches to total reward
  • Conclusion
  • References
  • 4 Strategic reward Strategic reward management defined
  • The rationale for strategic reward
  • Guiding principles
  • The concept of reward strategy
  • References
  • 5 Developing and implementing reward strategy General considerations
  • The reward strategy development sequence
  • Implementation
  • References
  • 6 Reward policies The purpose of reward policies
  • Reward policy headings
  • Level of rewards
  • Developing reward policies
  • Examples of reward policies
  • Part 2 The conceptual framework
  • 7 Factors affecting levels of pay Economic determinants of pay
  • Factors affecting pay levels within organizations
  • The significance of the factors affecting pay levels
  • Application of the factors
  • References
  • 8 Motivation and reward The process of motivation
  • Motivation theories
  • Motivation and financial incentives and rewards
  • Factors affecting satisfaction with pay
  • Motivation and job satisfaction and performance
  • The key messages of motivation theory
  • References
  • 9 Engagement and organizational commitment Definitions
  • Engagement
  • Organizational commitment
  • References
  • 10 The psychological contract The psychological contract defined
  • The significance of the psychological contract
  • Developing and maintaining a positive psychological contract
  • References
  • Part 3 Establishing job values and relativities
  • 11 Job evaluation schemes Definition of job evaluation
  • Aims
  • Features
  • The case for and against job evaluation
  • Categories of job evaluation
  • Types of analytical schemes
  • Types of non-analytical schemes
  • Market pricing
  • Computer-assisted job evaluation
  • Examples of the use of job evaluation
  • Conclusion
  • References
  • 12 Developing and maintaining job evaluation schemes Developing a job evaluation scheme: initial stages
  • Designing a point-factor job evaluation scheme
  • Designing a job classification scheme
  • Developing an analytical matching scheme
  • Developing management procedures
  • Introducing job evaluation
  • Maintaining a job evaluation scheme
  • References
  • 13 Equal pay for work of equal value Why discrimination takes place
  • The legal framework
  • The EOC Code of Practice on Equal Pay
  • Equal pay claims
  • Avoiding discrimination in job evaluation
  • Discriminatory pay structures|21
  • 14 Equal pay reviews Purpose of equal pay reviews
  • Planning a review
  • The equal pay review process
  • Analysing pay
  • Conclusion
  • References
  • 15 Market rate analysis Market rate analysis defined
  • Aims of market rate analysis
  • The problem of defining the market rate
  • Th

Excerpt provided by Syndetics

Part 1 The fundamentals of reward management 1 Reward management: an overview Reward management defined; The aims of reward management; Achieving the aims; The reward system; Elements of a reward system; Factors affecting reward management policy and practice; The development of reward management; References 2 The context of reward management The internal environment; The external environment; Impact of the environment; References 3 Total reward Total reward defined; The significance of total reward; Benefits of total reward; Model of total reward; Relational rewards; Developing a total reward approach; Approaches to total reward; Conclusion; References 4 Strategic reward Strategic reward management defined; The rationale for strategic reward; Guiding principles; The concept of reward strategy; References 5 Developing and implementing reward strategy General considerations; The reward strategy development sequence; Implementation; References 6 Reward policies The purpose of reward policies; Reward policy headings; Level of rewards; Developing reward policies; Examples of reward policies Part 2 The conceptual framework 7 Factors affecting levels of pay Economic determinants of pay; Factors affecting pay levels within organizations; The significance of the factors affecting pay levels; Application of the factors; References 8 Motivation and reward The process of motivation; Motivation theories; Motivation and financial incentives and rewards; Factors affecting satisfaction with pay; Motivation and job satisfaction and performance; The key messages of motivation theory; References 9 Engagement and organizational commitment Definitions; Engagement; Organizational commitment; References 10 The psychological contract The psychological contract defined; The significance of the psychological contract; Developing and maintaining a positive psychological contract; References Part 3 Establishing job values and relativities 11 Job evaluation schemes Definition of job evaluation; Aims; Features; The case for and against job evaluation; Categories of job evaluation; Types of analytical schemes; Types of non-analytical schemes; Market pricing; Computer-assisted job evaluation; Examples of the use of job evaluation; Conclusion; References 12 Developing and maintaining job evaluation schemes Developing a job evaluation scheme: initial stages; Designing a point-factor job evaluation scheme; Designing a job classification scheme; Developing an analytical matching scheme; Developing management procedures; Introducing job evaluation; Maintaining a job evaluation scheme; References 13 Equal pay for work of equal value Why discrimination takes place; The legal framework; The EOC Code of Practice on Equal Pay; Equal pay claims; Avoiding discrimination in job evaluation; Discriminatory pay structures; References 14 Equal pay reviews Purpose of equal pay reviews; Planning a review; The equal pay review process; Analysing pay; Conclusion; References 15 Market rate analysis Market rate analysis defined; Aims of market rate analysis; The problem of defining the market rate; The process of market analysis; Initial decision to conduct market analysis; Decide on benchmark jobs; Sources of market data; Analyse data; Prepare information on the jobs to be surveyed; Interpret and present market data; Using market data; A final word; Reference 16 Role analysis Definitions; Role analysis and reward management; Methodology; Role profile definition; Examples of role profiles Part 4 Grade and pay structures 17 Types of grade and pay structures Grade structures; Pay structures; Incidence of grade and pay structures; Narrow-graded structures; Broad-graded structures; Broad-banded structures; Career family structures; Job family structures; Combined career/job family and broad-banded structures; Pay spines; Spot rates; Individual job grades; References 18 Developing grade and pay structures Guiding principles for grade and pay structures; The design programme; The design process; Define guiding principles and objectives; Analyse present arrangements; Selecting the structure; Criteria for choice; Design options; Use of job evaluation; Graded pay structure design; Broad-banded structure design; Career family structure design; Job family structure design; Designing non-discriminatory pay structures; Implementing new grade and pay structures; References Part 5 Rewarding and reviewing contribution and performance 19 Individual contingent pay Individual contingent pay defined; The incidence of contingent pay; Contingent pay as a motivator; Arguments for and against contingent pay; Alternatives to contingent pay; Criteria for success; Performance-related pay; Competency-related pay; Contribution-related pay; Skill-based pay; Service-related pay; Choice of approach; Readiness for contribution pay; Developing and implementing contribution pay; References 20 Bonus schemes Bonus schemes defined; Aims of bonus schemes; Rationale for bonus schemes; Types of scheme; Category of staff covered; The business case for bonus schemes; Designing a bonus scheme; Introducing a bonus scheme; Reference 21 Team rewards Team pay defined; Aim of team pay; How team pay works; Requirements for team pay; Advantages and disadvantages of team pay; Developing team pay; NHS case study; References 22 Paying for organizational performance Types of schemes; Aims; Profit sharing; Share ownership schemes; Gain sharing 23 Recognition schemes Recognition schemes defined; Principles of recognition; Types of recognition; Examples of non-cash awards; Designing a recognition scheme; Example of a recognition scheme at Camelot; References 24 Performance management and reward Performance management defined; Purpose of performance management; Principles of performance management; The performance management cycle; Key features of performance management; Performance management as a motivating process; Performance management and non-financial motivation; Performance management and pay; References Part 6 Reward management for special groups 25 Rewarding directors and senior executives The background; Governance reviews and remuneration; Remuneration committees; Directors' and senior executives' remuneration; Benefits; Service contracts 26 International reward The international scene; International reward strategy; Rewards for expatriates; References 27 Rewarding sales and customer service staff Rewarding sales representatives; Rewarding customer service staff; References 28 Rewarding knowledge workers What motivates knowledge workers?; Managing knowledge workers; Approaches to rewarding knowledge workers; References 29 Shop floor pay Factors affecting shop floor pay; Time rates; Payment-by-result schemes; General considerations; Types of payment-by-result schemes; Single status and harmonization; References Part 7 Employee benefits, allowances and pension schemes 30 Employee benefits Rationale for employee benefits; Employee benefit strategies and policies; Types of benefit; Incidence of benefits; Choice of benefits; Administering employee benefits; Tax considerations; Reference 31 Flexible benefits Reasons for introducing flexible benefits; Types of flexible benefits schemes; Introducing flexible benefits; Example - Lloyds TSB; References 32 Pension schemes Why pensions are provided; What pension schemes provide; The two main types of schemes; Other types of pension schemes; The state pension scheme; Excerpted from A Handbook of Employee Reward Management and Practice by Michael Armstrong All rights reserved by the original copyright owners. Excerpts are provided for display purposes only and may not be reproduced, reprinted or distributed without the written permission of the publisher.

Author notes provided by Syndetics

Michael Armstrong is a Companion and former Chief Examiner (Employee Reward) for the Chartered Institute of Personnel and Development, and a fellow of the Institute of Management Consultancy. He is the author of many best-selling titles published by Kogan Page.