Managerial Compensation Based On Organizational Performance
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Compensation And Organizational Performance
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Author : Luis R. Gomez-Mejia
language : en
Publisher: Routledge
Release Date : 2014-12-18
Compensation And Organizational Performance written by Luis R. Gomez-Mejia and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-18 with Business & Economics categories.
This up-to-date, research-oriented textbook focuses on the relationship between compensation systems and firm overall performance. In contrast to more traditional compensation texts, it provides a strategic perspective to compensation administration rather than a functional viewpoint. The text emphasizes the role of managerial pay, its importance, determinants, and impact on organizations. It analyzes recent topics in executive compensation, such as pay in high technology firms, managerial risk taking, rewards in family companies, and the link between compensation and social responsibility and ethical issues, among others. The authors provide a thorough and comprehensive review of the vast literatures relevant to compensation and revisit debates grounded in different theoretical perspectives. They provide insights from disciplines as diverse as management, economics, sociology, and psychology, and amplify previous discussions with the latest empirical findings on compensation, its dynamics, and its contribution to firm overall performance.
Organizational Differences In Managerial Compensation And Financial Performance
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Author : Barry A. Gerhart
language : en
Publisher:
Release Date : 1990
Organizational Differences In Managerial Compensation And Financial Performance written by Barry A. Gerhart and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Corporate profits categories.
People Performance Pay
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Author : Thomas P. Flannery
language : en
Publisher: Simon and Schuster
Release Date : 2002-01-15
People Performance Pay written by Thomas P. Flannery and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-15 with Business & Economics categories.
People, Performance, and Pay identifies today's four most common organizational work cultures - functional, process, time-based, and network - and explains how to align innovative pay policies with each. With examples from LEGO, Hallmark, Holiday Inn, and other leading organizations, the authors explain how to assess an organization's current culture and determine what its future culture should be. They then demonstrate pay's role in such change initiatives, and how compensation must be integrated with other human resource processes, such as selection, training, and performance management. They also discuss the full range of pay strategies available today and how they can be best used to move the organization forward; for example, they recommend decreasing an organization's emphasis on base pay as it shifts from a functional culture to a process, time-based, or network culture. They also offer guidance on establishing team rewards, especially important in process and team-based cultures, and make a compelling case for putting more pay at risk through variable pay strategies. Here also is strategic advice on competency-based pay, performance-based rewards such as gain-sharing, executive pay, and benefits programs. As responsibility for compensation strategies and compensation decisions shifts away from the realm of the Human Resource Department, line managers and senior executives will find People, Performance, and Pay an invaluable reference for effectively using salary, incentives, and benefits to motivate and reward employees, improve quality, and increase productivity.
Compensation Management
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Author : Deb
language : en
Publisher: Excel Books India
Release Date : 2009
Compensation Management written by Deb and has been published by Excel Books India this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Compensation management categories.
Compensation Organizational Strategy And Firm Performance
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Author : Luis R. Gomez-Mejia
language : en
Publisher: Thomson South-Western
Release Date : 1992
Compensation Organizational Strategy And Firm Performance written by Luis R. Gomez-Mejia and has been published by Thomson South-Western this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
The New Pay
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Author : Jay R. Schuster
language : en
Publisher: Jossey-Bass
Release Date : 1992
The New Pay written by Jay R. Schuster and has been published by Jossey-Bass this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
Based on an insightful study of the methods employed by the most successful Fortune 100 companies, this pioneering book offers innovative strategies for creating employee compensation packages that any company can use to increase its competitiveness and achieve superior performance. Line drawings.
Compensation Management Rewarding Performance
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Author : S.S. UPADHYAY
language : en
Publisher: Global India Publications
Release Date : 2009-12
Compensation Management Rewarding Performance written by S.S. UPADHYAY and has been published by Global India Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12 with Compensation management categories.
This book outlines a new way of looking at rewards-a holistic approach that uses measurement to determine what an organization actually valuses (in terms of skills, knowledge, experience and behaviors).Further it analyzes the impact of the braod spectrum of reward programs (pay benefits and carrers) on human capital and, in turn, on an organization's profitability.It discusses variable pay programmes, competency models to employee reward, talent management for business optimization, compenation in Not-For-Profit Organizations, designing the annual management incentive plan etc.
Pay For Results
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Author : Mercer, LLC
language : en
Publisher: John Wiley & Sons
Release Date : 2009-03-17
Pay For Results written by Mercer, LLC 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 2009-03-17 with Business & Economics categories.
The numerous incentive approaches and combinations and their implications can be dizzying even to the compensation professional. Pay for Results provides a road map for developing and implementing executive incentives that drive business needs and strategy. It is filled with specific analytic tools, including tables, exhibits, forms, checklists. In addition, it uncovers myths in performance measurement strategy and design. Timely and thorough, this book expertly shows businesses how to drive their specific needs and strategy. Human resources and compensation officers will discover how to apply performance metrics that align with shareholder investment.
Pay Without Performance
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Author : Lucian A. Bebchuk
language : en
Publisher: Harvard University Press
Release Date : 2004
Pay Without Performance written by Lucian A. Bebchuk and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.
Compensation
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Author : Barry Gerhart
language : en
Publisher: SAGE
Release Date : 2003-05-02
Compensation written by Barry Gerhart and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-05-02 with Business & Economics categories.
`Gerhart and Rynes provide a thorough, comprehensive review of the vast literatures relevant to compensation. Their insights regarding the integration of economic, psychological and management perspectives are particularly enlightening. This text provides an invaluable tool for those interested in advancing our understanding of compensation practices' - Alison Barber, Eli Broad College of Business, Michigan State UniversityCompensation provides a comprehensive, research-based review of both the determinants and effects of compensation. Combining theory and research from a variety of disciplines, authors Barry Gerhart and Sara Rynes examine the three major compensation decisions - pay level, pay structure and pay delivery systems.Revealing the impact of different compensation policies, this interdisciplinary volume examines: the relationship between performance-based pay and intrinsic motivation; implications of individual pay differentials for team or unit performance; the consequences of pay for performance policies; effect sizes and practical significance of compensation findings; and directions for future research.Compensation considers why organizations pay people the way they do and how various pay strategies influence the success of organizations. Critically evaluating areas where research is inconsistent with common beliefs, Gerhart and Rynes explore the motivational effects of compensation.Primarily intended for graduate students in human resource management, psychology, and organizational behaviour courses, this book is also an invaluable reference for compensation management consultants and organizational development specialists.