Incentive Compensation and Employee Ownership, Fifth Edition

This book takes a broad look at how companies can use incentives, ranging from stock plans to cash bonuses to gainsharing, to motivate and reward employees in growing companies. Using both technical discussions and case studies, it explores incentives both as self-sufficient tools and as complements to retirement-oriented plans such as ESOPs. The fifth edition has been revised and expanded to make the book more useful and relevant in today's business environment, replacing several old chapters with a primer on the various ways of sharing equity with employees, a chapter on restricted stock, a chapter on replacing options with performance shares, and two new case studies.