Book description
A manager who understands the ins and outs of his company's compensation system is more likely to be able to retain his best people, keep them motivated, and ensure that they continue to produce outstanding results. Written by compensation experts at the Hay Group--one of the most respected consulting firms in the world--
The Manager's Guide to Rewards
reveals how to:
* motivate and keep the best people despite company pay limits * get employees to understand the connection between what they achieve and the bonus or salary increases they are paid * use base salary, short and long-term incentives, benefits, perks, and non-monetary rewards more effectively
Decisions about rewards are not just in the hands of HR professionals. This important book shows that managers have more power than they may think to use rewards creatively and keep their most valuable employees happy and productive.
Table of contents
- Copyright
- Foreword
- Preface
- Acknowledgments
- 1. Why This Book Is Important
-
2. Ensuring an ROI on Your Rewards Programs
- What? Me Measure?
- Why Organizations Don’t Measure ROI
- What Should Be Measured? The Investments
- What Should Be Measured? The Returns
- An Employee Perspective on ROI
- What Can Managers Really Influence?
- How Does Improved Performance Increase ROI?
- Five Principles for a System of Differentiated Rewards
- Summary: A Checklist for Ensuring a Return on Investment in People
- 3. The Link Between Rewards and Business Objectives
- 4. Performance Measures That Motivate
- 5. Getting Employee Commitment with “Total Rewards”
- 6. Putting a Price Tag on Work
- 7. Base Salary Management: Building the Foundation
- 8. Reinforcing Results with Variable Pay
- 9. The Hidden Value of Benefits
- 10. Remembering the Management in Performance Management
-
11. A (Career) Path to Employee Satisfaction and Business Success
- Grow Your Own Talent
- Skills-Job Alignment
- The Architecture of Roles
- The Role-Type Matrix
- Different Competencies for Different Management Roles
- Navigating the New Organizational Landscape
- Succession Planning and Career Mapping
- Implications for Reward Management
- Summary: A Checklist for Managing Career Paths
- 12. The Importance of Communications
- 13. Recognition: The Most Meaningful Reward?
-
Notes
- Chapter 1. Why This Book Is Important
- Chapter 2. Ensuring an ROI on Your Rewards Programs
- Chapter 3. The Link Between Rewards and Business Objectives
- Chapter 4. Performance Measures That Motivate
- Chapter 5. Getting Employee Commitment with “Total Rewards”
- Chapter 6. Putting a Price Tag on Work
- Chapter 7. Base Salary Management: Building the Foundation
- Chapter 8. Reinforcing Results with Variable Pay
- Chapter 9. The Hidden Value of Benefits
- Chapter 10. Remembering the Management in Performance Management
- Chapter 11. A (Career) Path to Employee Satisfaction and Business Success
- Chapter 12. The Importance of Communications
- Chapter 13. Recognition: The Most Meaningful Reward?
- About the Authors
- About Hay Group
Product information
- Title: The Manager’s Guide to Rewards: What You Need to Know to Get the Best for—and from—Your Employees
- Author(s):
- Release date: September 2006
- Publisher(s): AMACOM
- ISBN: 9780814408865
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