Compensation Management in a Knowledge-Based World

This book offers a practical exploration of the systems, methods, and procedures involved in establishing and administering a compensation system within any organization. Macroeconomics Compensation Concepts. Compensation and Noncompensation. Organizational Structure: Strategic and Tactical Compensation Issues. Legislation and Compensation. Job Analysis, Description, and Evaluation. Job Evaluation: Two Point-Factor Methods. Surveying Market Pay and Compensation Practices. Designing A Base Pay Structure. Team-Based Pay. Measuring and Paying for Performance. Short-Term Incentives. Long-Term Incentives and Wealth Building. Executive and International Compensation. Benefits and Services. Pay Delivery Administration. For entrepreneurs, managers, or anyone who needs to learn about compensation management.