Search results for: strategic-reward-management

Reward Management

Author : Michael Armstrong
File Size : 60.18 MB
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Judged "the undisputed 'bible on the topic" by the "Journal of Administrative Management," the definitive book on the subject explains reward management, which is concerned with implementing policies and strategies that aim to reward people fairly, equitably, and consistently.

Strategic Reward Management

Author : Robert L. Heneman
File Size : 26.24 MB
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The contents of this book center around the management of strategic reward systems. In particular, the book focuses in on the following elements of managing a reward system: design, implementation, and evaluation. It is my belief that too much time is spent on the administration of strategic reward systems at the expense of these other activities that add more value than does administration to the organization. Moreover, it is very important to remember that the management of reward systems takes place in a larger context that must be accommodated when designing, implementing, and evaluating strategic reward systems. This larger context includes the business environment, business strategy, and compensation strategy. Elements of the environment include the internal environment (organizational structure, business processes, HR systems) and external environment (laws and regulations, labor markets, and unions). The collection of articles presented throughout the book is very concerned with the fit of strategic reward management with the business environment, business strategy, and compensation strategy. Research has clearly documented the importance of this "fit" to organizational effectiveness (Gomez-Mejia & Balkin, 1992). A practical illustration makes the point as well. Taco Bell was found guilty in a class action suit by current and former employees. In order to keep the number of labor hours low in a productivity formula used to grant bonuses to managers, employee time sheets failed to account for overtime hours by employees. Failure to pay attention to the legal context in designing, implementing, and evaluating a strategic reward program cost Taco Bell millions of dollars (Gatewood, 2001). Although all of the readings in the book focus in on the management of strategic rewards in the larger business context, the readings are organized by topical area. The selection of topics is simply based on my writing interests and do not reflect the entire domain of important topics in strategic reward management.

Strategic Reward

Author : Michael Armstrong
File Size : 69.20 MB
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cesses involved in developing and implementing reward strategies.

Armstrong s Handbook of Reward Management Practice

Author : Michael Armstrong
File Size : 80.43 MB
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Armstrong's Handbook of Reward Management Practice is the definitive guide to understanding, developing and implementing effective reward. It is aimed at both HR practitioners, involved in employee reward, as well as students, who need to understand the importance of reward and how it can be successfully applied across organizations. The book is closely aligned to the CIPD's new standard in reward management and is supported by online resources for both lecturers and students. This new edition contains new research conducted by E-Reward, as well as brand new case studies of international companies, who are effectively using reward to improve performance. It includes practical guidance on designing reward for all levels of employee as well as for teams and the organization

Strategic Reward Systems

Author : Richard Thorpe
File Size : 54.82 MB
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Strategic Reward Systems draws together in one volume the latest thinking and practice in reward management. It highlights the theoretical links between reward and other fields of academic interest, including motivation and labour economics.

A Handbook of Employee Reward Management and Practice

Author : Michael Armstrong
File Size : 89.70 MB
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This second edition has been completely updated to provide guidance on the various approaches to use in developing and managing reward strategies, policies, and processes.

Strategic Reward

Author : Michael Armstrong & Duncan Brown
File Size : 50.28 MB
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The reward challenges facing organizations today are enormous, with a significant growth in demand for specialists able to deliver business-enhancing reward solutions. In this comprehensive collaboration, Michael Armstrong and Duncan Brown demonstrate that formulating a reward strategy isn t enough: you have to make it happen. They profile the potential benefits of strategic reward and describe the new realism that is emerging, as organizations pay greater attention to employee motivation and communication in order to realize these benefits in practice. Key sections cover: " Strategic reward and organization performance " Engagement and organizational commitment strategies " Tailoring rewards to suit the environment " Developing and implementing reward strategy " Communicating reward strategy Fully illustrated with international case studies including BT. GlaxosmithKline, Lyoyds TSB, Tesco and Unilever, Strategic Reward with help HR and reward professionals to make their reward strategies happen. It is essential reading for reward practitioners and managers, HR Professionals, postgraduate HRM Students of reward management. Contents: Part 1: The essence of strategic reward " Strategic reward, what it means " Reward strategy, purpose and content " Strategic reward and performance " Engagement and organizational commitment strategies " Part 2 : The context of strategic reward " The reward environment " Reward strategies in a knowledge economy " Reward strategies in a service-based economy " Developments in reward management " Part 3 : Developing and implementing reward strategies " Developing reward strategy " Implementing reward strategy " Role of the front line manager in managing reward " The strategic and multiple roles of the reward professional " Communicating reward strategy : from telling and selling to involving and engaging " Conclusions

Armstrong s Handbook of Reward Management Practice

Author : Michael Armstrong
File Size : 28.46 MB
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Reward management deals with the strategies, policies and processes required to ensure that the value of people and the contribution they make to achieving organizational, departmental and team goals is recognized and rewarded. Armstrong's Handbook of Reward Management Practice is the definitive guide to understanding, developing and implementing effective reward systems. It is aimed at HR practitioners involved in employee reward, and at students who need to understand the importance of reward and how it can be successfully applied across organizations. Updated to reflect the practical implications of the most recent research and discussion on reward management, this edition includes new case studies and chapters on evidence-based reward management, reward risk management and ethical approaches to reward management. This authoritative and engaging book is accompanied by extensive online resources, including PowerPoint slides and notes for tutors, and exercises to help students to test their learning. It is also closely aligned to the CIPD's standards in Reward Management, making it an ideal companion for both practitioners and students undertaking a professional qualification.

Strategic Reward

Author : Michael Armstrong
File Size : 89.53 MB
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Strategic reward is the process of deciding what route to take in developing appropriate reward arrangements and dealing with the issues which arise in making that journey. Armstrong and Brown hold great faith in strategic reward and present here their 'new realism' philosophy and breadth of experience on the subject. They examine the essence and context of strategic reward and the processes involved in developing and implementing strategies, along with a clear overview of the opportunities and risks of pursuing a reward strategy, demonstrating how critical it is to the dual agenda of successful organizational performance and the motivation and engagement of staff.

Reward Strategies

Author : Duncan Brown
File Size : 68.63 MB
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Reward strategies are often seen as force-fitted into best practice and viewed as quick technical fixes. In this book, Duncan Brown dispels this myth and changes the way we think about and operationalize reward strategies. He examines the importance of reward strategies, relating rewards to strategic business situations and aligning rewards with business goals. Each chapter starts with a statement of objectives, and key points are summarized at the end. Case studies illustrate the points made.