Reward Management

Examining all aspects of reward management in depth, this study considers how it functions within organizational and pay structures and in the context of an organization's business and human resource strategies. The authors define how reward management can be an integral part of an organization's management processes, making a major contribution to reaching its objectives. Reviewing the foundations of reward management - its philosophies, strategies and policies and the guiding principles governing how reward processes operate - it also examines the fundamental processes of establishing job size and values, and analyzes the various forms of reward structures and how they are designed and developed. Comprehensive and practical in its approach, the book shows that reward management is about performance: of individuals, teams and the whole organization. It examines in detail performance management processes and various approaches that can be adopted to paying for performance, skill and competence. Other specific topics covered include employee benefits, total remuneration and the management of reward processes.
The book concludes with a review of issues and trends in reward management.