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Compensation » (10th Edition)

Book cover image of Compensation by George Milkovich

Authors: George Milkovich, Jerry Newman, Milkovich George
ISBN-13: 9780073530499, ISBN-10: 0073530492
Format: Hardcover
Publisher: McGraw-Hill Companies, The
Date Published: January 2010
Edition: 10th Edition

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Author Biography: George Milkovich

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

Book Synopsis

Compensation, 10th Edition, by Milkovich, Newman and Gerhart is the market-leading text in this course area. It offers instructors current research material, in depth discussion of topics, integration of Internet coverage, excellent pedagogy, and a truly engaging writing style. The authors consult with leading businesses, have won teaching awards, and publish in the leading journals. This text examines the strategic choices in managing total compensation. The total compensation model introduced in chapter one serves as an integrating framework throughout the book. The authors discuss major compensation issues in the context of current theory, research, and real-business practices. Milkovich, Newman and Gerhart strive to differentiate between beliefs and opinions from facts and scholarly research. They showcase practices that illustrate new developments in compensation practices as well as established approaches to compensation decisions. Time after time, adopters relay stories of students getting job offers based on the knowledge they learned from this book.

Table of Contents

Ch. 1The pay model1
Ch. 2Strategic perspectives27
Pt. 1Internal alignment : determining the structure
Ch. 3Defining internal alignment59
Ch. 4Job analysis85
Ch. 5Evaluating work : job evaluation115
Ch. 6Person-based structures147
Pt. 2External competitiveness : determining the pay level
Ch. 7Defining competitiveness185
Ch. 8Designing pay levels, mix, and pay structures215
Pt. 3Employee contributions : determining individual pay
Ch. 9Pay for performance : the evidence257
Ch. 10Pay-for-performance plans285
Ch. 11Performance appraisals329
Pt. 4Employee benefits
Ch. 12The benefits determination process399
Ch. 13Benefit options427
Pt. 5Extending the system
Ch. 14Compensation of special groups459
Ch. 15Union role in wage and salary administration481
Ch. 16International pay systems497
Pt. 6Managing the system
Ch. 17Government and legal issues in compensation537
Ch. 18Budgets and administration569

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