Employee reward:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London
Chartered Institute of Personnel and Development
2002
|
| Ausgabe: | 3. ed. |
| Schriftenreihe: | People and organisations
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XVIII, 573 S. graph. Darst. |
| ISBN: | 0852929382 |
Internformat
MARC
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| 245 | 1 | 0 | |a Employee reward |c Michael Armstrong |
| 250 | |a 3. ed. | ||
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| 336 | |b txt |2 rdacontent | ||
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| 338 | |b nc |2 rdacarrier | ||
| 490 | 0 | |a People and organisations | |
| 650 | 4 | |a Compensation management - Great Britain | |
| 650 | 4 | |a Incentives in industry - Great Britain | |
| 650 | 4 | |a Wages - Great Britain | |
| 650 | 7 | |a Arbeitsanreiz - Unternehmen - Grossbritannien |2 idsbb | |
| 650 | 7 | |a Arbeitsmotivation - Unternehmen - Grossbritannien |2 idsbb | |
| 650 | 7 | |a Lohn - Grossbritannien |2 idsbb | |
| 650 | 7 | |a Unternehmen - Arbeitsanreiz - Grossbritannien |2 idsbb | |
| 650 | 7 | |a Unternehmen - Arbeitsmotivation - Grossbritannien |2 idsbb | |
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| 999 | |a oai:aleph.bib-bvb.de:BVB01-010077290 | ||
Datensatz im Suchindex
| _version_ | 1804129660121907200 |
|---|---|
| adam_text | ^^^^^H • Contents
Editor s foreword xiv
Foreword to the Third Edition xvii
Plan of the book xviii
PHUT 1 THE COHCEPTURL FBHHEUIOHK 1
1 Employee Reward Systems 3
The employee reward system 4
The elements of employee reward 5
Total rewards g
Reward philosophy, strategy and policy defined 10
Employees as stakeholders 12
The aims of employee reward 13
Traditional approaches to managing pay 16
The advent of reward management 17
The new pay 18
What are we paying for? 20
Reward management practices 22
The approach to rewarding people 23
The future 24
2 The International. National and Corporate Contexts 27
The international context 27
The national context 28
The national minimum wage 29
The corporate environment 31
3 Economic Theories Relating to Pay 37
The labour market 37
— Economic determinants of pay 38
Agency theory 40
The effort bargain 41
Factors that affect pay levels within organisations 42
4 The Psychological Contract 46
The psychological contract described 46
The significance of the psychological contract 48
The changing nature of the psychological contract 49
nts
The state of the psychological contract 51
Developing and maintaining a positive psychological contract 52
— 5 Motiuation and Reward 55
The process of motivation 55
Motivation theories 56
Money and motivation 62
Factors that affect satisfaction with pay 64
The key messages of motivation theory 65
Fairness, equity and consistency 66
PORT 2 EMPLOYEE REUIRRD PROCESSES 71
6 Reward Philosophy 73
Issues 73
The role of the dominant coalition in framing philosophy 74
Examples of reward philosophies 74
Effective reward philosophies 78
Developing pay philosophies 79
Guiding principles 80
7 Reward Strategy 03
What is reward strategy? 83
Reward strategy performance and behaviour 84
Reasons for a reward strategy 85
The features of an effective reward strategy 85
A contingent approach to reward strategy 90
The content of reward strategy 92
Examples of a reward strategy 93
Developing a reward strategy 94
Conclusion 96
0 Reward Policy Q9
Reward policy issues 99
The content of reward policies 101
Developing reward policies 101
Reviewing policies 101
PRRT 3 EllRLUHTING, PRICING RHD RHRLYSIHG JOBS
RHD ROLES 105
9 Job Eualuation 107
Job evaluation defined 107
Contents
Features of job evaluation 107
Types of schemes 108
Point factor schemes 110
Non analytical job evaluation schemes 113
Choice of scheme 117
Designing a point factor scheme 118
The use of job evaluation 130
10 Equal Pay 133
Reasons for discrimination 134
Equal pay for work of equal value: the legal framework 136
Legal implications for employers 138
Equal pay policy 142
Job evaluation and equal value 143
Discrimination in job evaluation 145
Discriminatory pay structures 150
Designing non discriminatory pay structures 152
Minimising other types of discrimination 153
Equal pay reviews 153
11 Conducting Pay and Benefit Surueys 162
The objectives of pay and benefit surveys 162
The concept of a market rate 163
Types of data 165
Sources of data 166
Factors that affect the quality of survey data 170
Presenting the data 172
Conducting a pay survey 175
Forming a pay club 179
12 Job and Competency Rnalysis 182
Definitions 182
Job analysis techniques 183
Role analysis 189
Competence analysis 190
Job descriptions 192
Role profiles 195
Generic role profiles 196
Job family definitions 197
PflBT 4 PHY STRUCTURES 201
13 Pay Structures Purpose, Criteria and Types 203
Definition of a pay structure 203
1 t S
Criteria for pay structures 204
Types of pay structure 205
Choice of structure 208
Examples of structures 209
14 Narrow graded Pay Structures 212
Job grades 212
Pay ranges 213
Pay progression 216
The advantages and disadvantages of narrow graded
structures 217
Designing a narrow graded structure 218
15 Broadbanded Pay Structures 221
Broadbanding defined 221
The aims of broadbanding 222
Features of broadbanding 223
Reasons for introducing broadbanding 233
The advantages and disadvantages of broadbanding 237
When is it appropriate to introduce broadbanding? 238
Introducing broadbanding 239
1B Job Family Pay Structures 243
The job family 243
Job family pay structure 244
Career mapping 245
Advantages and disadvantages of job families 245
When job families are appropriate 245
Developing job family structures 245
PART 5 REWARDING IHDIUIDUAL AND TERM
CONTRIBUTIONS AND ORGANISATIONAL PERFORMANCE 249
17 Contingent Pay General Considerations and
Criteria 251
The distinction between incentives and rewards 252
Types of contingent pay 252
General arguments for and against performance ,
competence or contribution related pay 254
Variable pay 257
Criteria for contingent pay as a motivator 257
Contingent pay strategy 258
Developing contingent pay schemes 258
Contents
^ 18 Pgrformance relatGd Pay 261
Method of operation 262
The application of performance related pay 266
The incidence of performance related pay 266
The impact of performance related pay 266
Reasons for introducing performance related pay 269
The benefits of performance related pay 270
Reservations about performance related pay 271
Dealing with the reservations 277
Conclusions on what PRP can offer 279
Conditions favourable or unfavourable to PRP 281
Introducing PRP 282
Evaluating PRP 284
Conclusions 285
1Q CompetencG related Pay 289
Competence related pay defined 289
The incidence of competence related pay 290
The concept of competence and pay 290
How does competence related pay work? 293
Assessing competence levels 294
Relating competence assessments to pay 298
Competence pay criteria 300
Why competence related pay? 301
The advantages and disadvantages of competence related pay 301
Readiness for competence related pay 303
Introducing competence related pay 304
Conclusions 305
20 Contribution related Pay 308
Contribution defined 309
Contribution related pay defined 309
The basis of contribution related pay 311
How contribution related pay works 311
When contribution related pay is appropriate 313
21 Skill based Pay 314
Definition, application and aims 314
How skill based pay works 316
Skills and pay progression 316
Examples 317
Training implications 318
Accreditation 318
its
Problems with skill based pay 319
Introducing skill based pay 319
22 Shopfloor Incentiue Schemes 322
General considerations 323
Piecework 326
Work measured schemes 327
Multi factor schemes 331
Measured day work 331
Performance related pay 332
Alternatives to incentive pay 333
Changing a pay system for manual workers 333
23 Team Rewards 336
Team rewards an overview 336
The basis of team rewards 339
Team pay in action 340
Requirements for team pay 341
Developing team pay 342
Introducing team pay 347
Monitoring and evaluating team pay 348
The advantages and disadvantages of team pay 348
Other approaches to rewarding teams 350
Conclusions 352
24 Profit sharing and Gain sharing 355
Aims 355
Profit sharing 355
Gain sharing schemes 356
Share ownership 360
25 Hon financial Rewards and Recognition Schemes 363
=Sl Areas for non financial motivation 363
Recognition schemes 367
Conclusions 368
PHRT 6 PERFORMflHCE MRHflGEMEHT 371
26 The Essence of Performance Management 373
The nature of performance management 373
The philosophy of performance management 375
Contents
The performance management process 376
Rating performance for PRP purposes 379
Non financial rewards through performance management 383
27 Performance Management in fiction 386
Fundamental questions about performance management 386
The practice of performance management 386
Developments in performance management practices 389
Performance management in practice 391
Performance management processes 392
360 degree feedback 393
The use of a balanced score card 395
Introducing performance management 395
PHUT 7 EMPLOYEE BENEFITS. HLLOUJHNCES flHD PENSION
SCHEMES 309
28 Employee Benefits and flllowances 401
Aims 401
Employee benefit strategy and policy 402
Types of benefit 406
Harmonisation 409
Managing employee benefits 409
Flexible benefits 410
Allowances and other payments to employees 415
Tax considerations 415
2Q Pension Schemes 420
Why provide a pension scheme? 421
Occupational pension schemes general description 422
Types of occupational pension scheme 424
Benefits from occupational pension schemes 426
Pension scheme administration 428
Occupational pension schemes in action 430
Choice of scheme 431
Other arrangements 431
Advising employees on pensions 434
PART 8 MRNRGING THE BEUJRHD SYSTEM FOR SPECIHL
GROUPS 437
30 Directors and Senior Executiues 43Q
The reward scene at the top 439
nts
Remuneration committees 444
Directors and executives remuneration 445
Bonus schemes 445
Share options 448
Approved share option schemes 449
Share ownership schemes 450
Benefits 450
Service contracts 450
The impact of performance related pay on executives 451
31 International Pay and Expatriates Rewards 453
Expatriate pay 454
Tax considerations 456
Allowances 456
Benefits 457
32 Rewarding Sales Staff 45Q
General considerations 460
The reward mix for the sales force 462
Choice of approach 469
Developing a commission or bonus scheme 470
Other methods of motivation 471
PflBT g MHHHGIHG EMPLOYEE REWARD SYSTEMS 475
33 Managing Employee Rewards 477
Policy advice and implementation 478
Auditing, monitoring and evaluating the reward system 479
Reward procedures 481
Devolution to line managers of responsibility for reward 484
Communicating to employees 486
Involvement, participation and negotiation 488
Using management consultants 489
34 Conducting Pay Reuiems 492
Types of reviews 492
Aims 492
General reviews 493
Conducting structural reviews 495
Conducting individual reviews 495
Pay review budgets 508
Contents
35 Using Computers 511
The employee reward database 511
Pay review modelling 512
Computer assisted job evaluation 514
The GAUGE evaluation scheme 518
Pay structure modelling 519
The equal pay audit tool 519
36 Deueloping and Implementing Reward Systems 523
The development sequence 524
Analysis: context and reward system 524
Diagnosis of issues and problems 527
Proposals: development and evaluation 533
Action plan 550
Implementation 551
References 553
Index 5B1
|
| any_adam_object | 1 |
| author | Armstrong, Michael |
| author_facet | Armstrong, Michael |
| author_role | aut |
| author_sort | Armstrong, Michael |
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| building | Verbundindex |
| bvnumber | BV014906426 |
| classification_rvk | QV 350 |
| ctrlnum | (OCoLC)248258019 (DE-599)BVBBV014906426 |
| dewey-full | 658.3220941 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 658 - General management |
| dewey-raw | 658.3220941 |
| dewey-search | 658.3220941 |
| dewey-sort | 3658.3220941 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| edition | 3. ed. |
| format | Book |
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| id | DE-604.BV014906426 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T19:08:40Z |
| institution | BVB |
| isbn | 0852929382 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-010077290 |
| oclc_num | 248258019 |
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| owner | DE-N2 DE-11 |
| owner_facet | DE-N2 DE-11 |
| physical | XVIII, 573 S. graph. Darst. |
| publishDate | 2002 |
| publishDateSearch | 2002 |
| publishDateSort | 2002 |
| publisher | Chartered Institute of Personnel and Development |
| record_format | marc |
| series2 | People and organisations |
| spelling | Armstrong, Michael Verfasser aut Employee reward Michael Armstrong 3. ed. London Chartered Institute of Personnel and Development 2002 XVIII, 573 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier People and organisations Compensation management - Great Britain Incentives in industry - Great Britain Wages - Great Britain Arbeitsanreiz - Unternehmen - Grossbritannien idsbb Arbeitsmotivation - Unternehmen - Grossbritannien idsbb Lohn - Grossbritannien idsbb Unternehmen - Arbeitsanreiz - Grossbritannien idsbb Unternehmen - Arbeitsmotivation - Grossbritannien idsbb HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010077290&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Armstrong, Michael Employee reward Compensation management - Great Britain Incentives in industry - Great Britain Wages - Great Britain Arbeitsanreiz - Unternehmen - Grossbritannien idsbb Arbeitsmotivation - Unternehmen - Grossbritannien idsbb Lohn - Grossbritannien idsbb Unternehmen - Arbeitsanreiz - Grossbritannien idsbb Unternehmen - Arbeitsmotivation - Grossbritannien idsbb |
| title | Employee reward |
| title_auth | Employee reward |
| title_exact_search | Employee reward |
| title_full | Employee reward Michael Armstrong |
| title_fullStr | Employee reward Michael Armstrong |
| title_full_unstemmed | Employee reward Michael Armstrong |
| title_short | Employee reward |
| title_sort | employee reward |
| topic | Compensation management - Great Britain Incentives in industry - Great Britain Wages - Great Britain Arbeitsanreiz - Unternehmen - Grossbritannien idsbb Arbeitsmotivation - Unternehmen - Grossbritannien idsbb Lohn - Grossbritannien idsbb Unternehmen - Arbeitsanreiz - Grossbritannien idsbb Unternehmen - Arbeitsmotivation - Grossbritannien idsbb |
| topic_facet | Compensation management - Great Britain Incentives in industry - Great Britain Wages - Great Britain Arbeitsanreiz - Unternehmen - Grossbritannien Arbeitsmotivation - Unternehmen - Grossbritannien Lohn - Grossbritannien Unternehmen - Arbeitsanreiz - Grossbritannien Unternehmen - Arbeitsmotivation - Grossbritannien |
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