Authors: Jay R. Schuster, Patricia K. Zingheim
ISBN-13: 9780787940164, ISBN-10: 078794016X
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: January 2000
Edition: 1st Edition
JAY R. SCHUSTER are partners in Schuster-Zingheim and Associates, Inc., a pay consulting firm founded in 1985 and located in Los Angeles. They consult extensively on total rewards with companies in the U.S. and throughout the world, and are frequent speakers to business and professional groups. Their web site is paypeopleright.com.
From the authors of "New Pay" comes this "how-to" for designing innovative pay strategies that both stimulate and communicate company excellence to the workforce and to customers. Based on their own consulting work with Fortune 500 companies, the authors describe pay systems designed around competencies, performance outcomes, team pay, broadbanding, and multi-source feedback. Readers learn to align their pay systems with their company's timetable and goals, while communicating to employees not just what is expected, but how changes benefit them as partners of the company.
Preface | xv | |
The Authors | xxvii | |
Part I | Integrating Rewards | 1 |
1 | Total Rewards and the Six Reward Principles | 3 |
2 | The Business Case for Changing Rewards | 21 |
3 | Integrating Total Pay | 42 |
4 | Measuring and Managing Performance | 66 |
Part II | Pay Tools: Accelerating Achievement of Business Goals | 93 |
5 | Rewarding Individual Ongoing Value: Base Pay | 95 |
6 | Building Infrastructure for Base Pay | 119 |
7 | Rewarding Performance: Short-Term Variable Pay | 138 |
8 | Rewarding Performance: Long-Term Variable Pay | 165 |
9 | Recognition and Celebration | 188 |
Part III | Addressing Critical Business Opportunities with Rewards | 201 |
10 | Rewarding Teams | 203 |
11 | Rewarding Scarce Talent | 226 |
12 | Rewarding the Salesforce | 247 |
13 | Rewarding Executives | 270 |
14 | Merger-and-Acquisition Rewards | 293 |
15 | Global Rewards | 317 |
Part IV | Moving Forward | 339 |
16 | Making Rewards Work | 341 |
Epilogue: 21st-Century Rewards | 365 | |
Notes | 369 | |
Index | 377 |