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How To Use Finance and Accounting in HR (Collection) by Steven Director, Bashker D. Biswas

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Part I

We start this part of the book with some foundational concepts. First, we cover the basics within the total compensation structure. Second, we discuss the concept of planning and the need to connect total compensation planning with the strategic and operational planning of the organization. Third, we discuss base compensation cost forecasting, and we cover forecasting other total cost elements in specific chapters.

Part I of the book deals with topics that cover the entire total compensation structure. These include base, incentive, sales, international, and equity (share-based) compensation. We also cover topics within the total compensation structure that are commonly known as employee benefits, concentrating mainly on health and retirement ...

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