ERIC Number: ED467462
Record Type: RIE
Publication Date: 2002
Strategic Reward Management: Design, Implementation, and Evaluation.
Heneman, Robert L.
This book is a summary in a readings format of what the author has learned about strategic-reward systems. The collected material draws heavily on empirical research to guide the author's conclusions. The book contains 26 articles, which are divided into 10 topical areas: (1) "Introduction"; (2) "Pay and the Changing Business Context"; (3) "Pay in New Business Environments"; (4) "Strategic Pay Issues"; (5) "From Job Evaluation to Work Evaluation"; (6) "Team Pay"; (7) "Merit Pay Revisited"; (8) "Competency Pay"; (9) "Pay System Evaluation"; and (10) "Conclusions & The Future of Strategic Rewards." In order for strategic-reward programs to be effective, they must be carefully managed. The design, implementation, and evaluation issues raised in this book need to be carefully considered. Plans need to be administered in a manner consistent with their intent. Reward systems are doomed to fail when they are taken off the shelf and simply "administered" rather than developed specifically to the needs of the organization and then managed. Research on these programs clearly shows the positive impact of these plans on organizational effectiveness when they are implemented well. In addition, strategic-reward management holds great promise as a method of compensation for nontraditional reward environments, such as public sector, not-for-profit, unionized organizations. An index concludes this book. (Each chapter contains references.) (RT)
Descriptors: Compensation (Remuneration), Elementary Secondary Education, Management Systems, Merit Pay, Premium Pay, Rewards, Strategic Planning
Information Age Publishing, Inc., 80 Mason Street, Greenwich, CT 06830 (paper: ISBN-1-931576-54-8, $39.95; cloth: ISBN-1-931576-55-6, $73.25). Tel: 203-661-7602; Fax: 203-661-7952; Web site: http://www.infoagepub.com/index.html.
Publication Type: Books; Collected Works - General; Guides - Non-Classroom
Education Level: N/A
Audience: Practitioners; Researchers
Authoring Institution: N/A