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Strategic Pay

Aligning Organizational Strategies and Pay Systems

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  • 332 stránok
  • 12 hodin čítania

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Make Your Pay System Pay OffA comprehensive look at not only the choices surrounding the development of a pay system but also the pros and cons associated with each choice....Thorough.--HR MagazineIn this seminal work, acclaimed compensation expert Edward Lawler III shows companies that the way they pay can be an important source of competitive advantage. He reveals how pay strategies that draw a clear connection between pay and performance can support an organization's strategic objectives by communicating unmistakably what that organization values most. Moreover, he examines a wide range of performance-based pay practices--from piecework incentive systems to merit pay and skill-based pay--to demonstrate how compensation systems can be tailored to fit a variety of business strategies and management styles. Both traditional and nontraditional pay strategies are examined, with special emphasis given to designing pay systems that support participatory management and other innovative practices.

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Strategic Pay, Edward E. Lawler III

Jazyk
Rok vydania
1990
Väzba
(pevná)
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Titul
Strategic Pay
Podtitul
Aligning Organizational Strategies and Pay Systems
Jazyk
anglicky
Vydavateľ
Jossey-Bass
Rok vydania
1990
Väzba
pevná
Počet strán
332
ISBN10
1555422624
ISBN13
9781555422622
Série
Anotácia
Make Your Pay System Pay OffA comprehensive look at not only the choices surrounding the development of a pay system but also the pros and cons associated with each choice....Thorough.--HR MagazineIn this seminal work, acclaimed compensation expert Edward Lawler III shows companies that the way they pay can be an important source of competitive advantage. He reveals how pay strategies that draw a clear connection between pay and performance can support an organization's strategic objectives by communicating unmistakably what that organization values most. Moreover, he examines a wide range of performance-based pay practices--from piecework incentive systems to merit pay and skill-based pay--to demonstrate how compensation systems can be tailored to fit a variety of business strategies and management styles. Both traditional and nontraditional pay strategies are examined, with special emphasis given to designing pay systems that support participatory management and other innovative practices.