Compensation And Benefits Manual User Guide

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Compensation And Benefits Manual User Guide

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Author : Indranil Gupta
language : en
Publisher:
Release Date : 2020-04-08

Compensation And Benefits Manual User Guide written by Indranil Gupta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-08 with categories.

The Compensation and Benefits Manual is a detailed illustration of Total Rewards, an advanced model of Human Resource management that goes beyond employee remuneration, which helps organizations to not only attract, motivate and retain, but also ensure building engaged employees, enhancing their performance and improving their competitiveness in the global workforce market.WHAT YOU WILL LEARN1.Fundamental concepts of compensation, benefits, rewards & total rewards.2.Link your compensation philosophies & strategies to your organization goals & HR objectives.3.About job evaluations & job pricing, and their significance in setting salaries & employee rewards.4.About the key statistical methodologies used in compensation research & data analysis.5.How to design appropriate & relevant total compensation plans & reward programs.6.About the principles of evaluating performance and linking performance to effective rewards.7.About market compensation & benefits benchmarking surveys & how to use the market data results in determining your internal salary levels.8.How to develop performance-based pay systems & other variable pay programs.9.How to design compensation structures & flexible pay plans based on tax laws and statutory compliances.10.How to design effective reward communication programs for your business successCONTENT AND COVERAGE1.CHAPTER 1 : COMPENSATION SYSTEMSIntroduction, Understanding of the Fundamentals of Compensation, Benefits, Rewards, Total Rewards, Components of Compensation Systems, Compensation Systems in the Indian Environment, Compensation Approach and Framework. 2.CHAPTER 2: REWARD CONCEPTS Reward Philosophy, Reward Strategy, Total Reward Programs, Factors Affecting Rewards, Statutory Compliances, Environmental Factors, Impact of Globalization on Compensation Programs.3.CHAPTER 3 : JOB EVALUATION AND PRICINGJob Evaluation, Aspects of Job Evaluation, Job Evaluation Methodologies, Job Design, Point Rating Method, Hay Guide Chart Profile, Job Evaluation and Pay Determination, Job Pricing, Broad Banding, Linking Job Points to Pay Points.4.CHAPTER 4 : COMPENSATION SURVEYS & DATA ANALYSISCompensation Surveys, Types of Surveys, Job Equivalence, Survey Data Analysis, Job Evaluation and Salary Data, Grade Point and Market Salary, Median Pay, Percentiles, Compensation Ratios, Salary Rates, Salary Equity, Market Parity.5.CHAPTER 5 : DEVELOPING COMPENSATION STRUCTURESEvolution of Compensation Structures, Types of Employee Rewards, Standard Reward Practices, Flexible Pay Programs, Developing Different Compensation Structures in a Global Environment, Communicating of Compensation and Benefits Structures as 'Employee Value Proposition'.6.CHAPTER 6 : VARIABLE PAY PLANSVariable Pays, Types of Variable Pays (STI, MTI, LTI), Trends in Variable Pays, Designing Variable Pays, Steps in Introducing Variable Pays, Rewarding Critical Roles & Hot Skills, Different Types of Variable Pay Programs. 7.CHAPTER 7 : LINKING REWARDS TO PERFORMANCE Defining Performance Parameters, Measuring Performance, Basic Guidelines for Rewarding, Typical Reward Models, Linking Rewards to Performance, Pay for Performance, Integrating Total Rewards with Job, Market & Performance.8.CHAPTER 8 : REWARD COMMUNICATIONCommunication of Reward Programs, Changing Approach to Reward Communications, Steps in Effective Reward Communication, Implementation Guidelines for Reward Programs in Organizations.9.CHAPTER 9 : CASE STUDIESMeritt has trained more than 1,000 HR, Line and Business Professionals from over 500 Organizations from India and Middle East Countries. Meritt delivers these Trainings through its dedicated Training Division, called "MERITT LEARNING CENTER". For details contact -Meritt Learning Center9810557518; 7428466822;[email protected]

The Worldatwork Handbook Of Total Rewards

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Author : WorldatWork
language : en
Publisher: John Wiley & Sons
Release Date : 2021-02-24

The Worldatwork Handbook Of Total Rewards written by WorldatWork and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-24 with Business & Economics categories.

Equip yourself to manage, motivate, compensate, and reward everyone in this workplace revolution The future of work is here. From the shift to Millennials and Gen Z in the workforce to the advent of the Fourth Industrial Revolution and the Gig Economy, the world of work and rewards has significantly changed since the initial WorldatWork Handbook was published. Human resources and total rewards professionals need tools to equip them to manage a changing workforce. This completely revised second edition addresses the challenging and disruptive issues facing employers today and tomorrow. The WorldatWork Handbook of Total Rewards is the definitive authority on compensation and rewards from the leading global nonprofit organizations for professionals who are engaged in the critically important practice of total rewards. This book is a go-to resource for all business professionals and leaders who reward and create productive, committed and inspired workforces worldwide. Readers will learn the basics of rewards, along with a deep dive and high-level view of how rewards programs enable organizations to deliver on their brand promises and perform at their optimal level. Gain a thorough understanding of compensation and benefits, along with employee well-being, development, and recognition, all updated to address the realities of today’s workplace. Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs. Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era. Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty. Technical enough for specialists but broad in scope for managers and HR generalists, this well-rounded resource belongs on the desk of anyone interested in organizational effectiveness. An indispensable tool for understanding and implementing the total rewards concept, The WorldatWork Handbook of Total Rewards, Second Edition is the key to designing programs and practices that ensure employee engagement and organizational success.

Guide On Employee Compensation And Benefits

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Author : Elvin B. Villanueva
language : en
Publisher:
Release Date : 2010

Guide On Employee Compensation And Benefits written by Elvin B. Villanueva and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Labor laws and legislation categories.

The Compensation Handbook Sixth Edition A State Of The Art Guide To Compensation Strategy And Design

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Author : Lance A. Berger
language : en
Publisher: McGraw Hill Professional
Release Date : 2015-07-06

The Compensation Handbook Sixth Edition A State Of The Art Guide To Compensation Strategy And Design written by Lance A. Berger and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-06 with Business & Economics categories.

Publisher's Note: Products purchased from Third Party sellers are not guaranteed by the publisher for quality, authenticity, or access to any online entitlements included with the product. The definitive guide for HR and compensation professionals—revised to help you achieve a sustainable competitive advantage for your company The theme of the sixth edition of the classic compensation guide aligns with business’s number-one goal today: achieving a sustainable competitive advantage. The Compensation Handbook shows you how to deal effectively with five strategic human capital issues: innovation, attracting talent and retention, big data, workforce changes, business advantage through compensation programs.

The Worldatwork Handbook Of Compensation Benefits Total Rewards

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Author :
language : en
Publisher:
Release Date : 2007

The Worldatwork Handbook Of Compensation Benefits Total Rewards written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Compensation management categories.

The Skill Based Pay Design Manual

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Author : Joseph H. Boyett
language : en
Publisher: iUniverse
Release Date : 2004-10

The Skill Based Pay Design Manual written by Joseph H. Boyett and has been published by iUniverse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-10 with Business & Economics categories.

The Skill-Based Pay Design Manual is an invaluable resource for designing and implementing a system of compensation that ties base pay to employee knowledge and skill rather than to a position or job content. Internationally recognized authors and consultants Joseph and Jimmie Boyett bring over twenty years of experience in helping companies implement skill-based pay and employee performance incentive programs. The Skill-Based Pay Design Manual is a complete step-by-step guide for designing and implementing skill-based pay. In addition to a comprehensive overview of skill-based pay and its impact on company operating and financial performance, the Boyetts provide the following: The advantages and disadvantages of skill-based pay; A comparison of skill-based pay vs. job-based pay; How to determine if skill-based pay is right for your organization; 12 keys to success; 14 case studies of companies using skill-based pay. Step-by-step instruction in how to... Design the skill-based pay plan; Identify skill sets; Link skills to pay progression; Implement and evaluate the skill- based pay program; and Gain employee and union support for skill-based pay. The Skill-Based Pay Design Manual is an insightful, informative and essential resource based upon solid research and the personal experiences of the authors.

The Compensation Handbook

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Author : Milton L. Rock
language : en
Publisher: McGraw-Hill Companies
Release Date : 1991

The Compensation Handbook written by Milton L. Rock and has been published by McGraw-Hill Companies this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.

The day of the automatic merit pay rise and cost-of-living increase is over. Today's focus is on performance-based approaches to compensation and benefits that will effectively support the present and future requirements of the corporation.

Guide To Compensation And Benefits

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Author : Practitioners Publishing Company
language : en
Publisher:
Release Date : 2000-06

Guide To Compensation And Benefits written by Practitioners Publishing Company and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06 with Compensation management categories.

The Ifm Standard Manual Of Employee Compensation And Fringe Benefit Programs

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Author :
language : en
Publisher:
Release Date : 1981

The Ifm Standard Manual Of Employee Compensation And Fringe Benefit Programs written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Compensation management categories.

Management Pay And Benefits Manual

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Author : Richard Stradwick
language : en
Publisher:
Release Date : 1998

Management Pay And Benefits Manual written by Richard Stradwick and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Employee fringe benefits categories.