Rewarding performance: guiding principles, custom strategies
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York, NY [u.a.]
Routledge
2011
|
| Ausgabe: | 1. publ. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | XII, 288 S. Ill. |
| ISBN: | 0415802822 0415802830 9780203875803 9780415802826 9780415802833 |
Internformat
MARC
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| 245 | 1 | 0 | |a Rewarding performance |b guiding principles, custom strategies |c Robert J. Greene |
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| 300 | |a XII, 288 S. |b Ill. | ||
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| 500 | |a Includes bibliographical references and index | ||
| 650 | 0 | |a Compensation management | |
| 650 | 0 | |a Employees / Rating of | |
| 650 | 0 | |a Performance awards | |
| 650 | 0 | |a Strategic planning | |
| 650 | 4 | |a Compensation management | |
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| 650 | 4 | |a Strategic planning | |
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Datensatz im Suchindex
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|---|---|
| adam_text | Titel: Rewarding performance
Autor: Greene, Robert J.
Jahr: 2011
CONTENTS
Acknowledgements xi
Introduction 1
PART 1 GUIDING PRINCIPLES 7
Chapter 1 Human Resource Management Strategy 9
Formulating an HR Strategy That Fits the Organizational
Context 11
Vision/Mission 11
Culture 11
Environmental Realities 12
Organizational Realities 13
Strategy 14
Structure 15
Human Resource Management Strategy 16
Aligning HR Strategies across the Organization 18
Performance and Rewards Management 19
Appendix: Defining and Evaluating Organizational Culture 19
Organizational Culture 20
Workforce Culture(s) 25
Occupational Culture 25
Generational Culture 26
National/Ethnic Culture 27
Accommodating Workforce Cultural Characteristics 27
vi ? Contents
Chapter 2 Performance Management: Guiding Principles 29
Criteria for Producing Motivation 31
Knows What It Is 31
Able to Do It 33
Allowed to Do It 34
Wants to Do It 34
Defining and Measuring Performance across Levels 37
Performance Management at the Organization-wide
Level 37
Performance Management at the Business Unit/Group/
Team Level 38
Performance at the Individual Level 38
Chapter 3 Rewards Management: Guiding Principles 43
Formulating a Direct Compensation Strategy 44
Formulating an Indirect Compensation Strategy 47
Executing the Direct Compensation Strategy 48
Base Pay Strategy 48
Variable Compensation Strategy 57
Indirect Compensation Strategy 61
Non-Monetary Rewards Strategy 63
PART 2 CUSTOM STRATEGIES 65
Chapter 4 Rewarding Performance: Executives and Managers 67
Who Should Determine How Much and How Executives
Are Paid? 69
The Executives Themselves 69
Other Employees 70
Government and Society 70
Board of Directors 71
Shareholders 71
Which of These Perspectives Is Correct and Who Decides? 71
Effective and Defensible Executive Compensation Programs 72
Executive Compensation Programs That Should Be Avoided 75
Establishing an Acceptable Executive Compensation Strategy 76
Technical Program Design Issues 77
The Level at Which Performance Is Defined, Measured and
Rewarded 77
How Performance Criteria and Standards Are Selected and
Weighted for Relative Importance 78
The Timeframe Used for Defining, Measuring and
Rewarding Performance 79
Reconciling the Interests of the Organization and of
Executives or Managers 79
Contents ? vii
Performance and Rewards Management for Other
Management Personnel 80
Chapter 5 Rewarding Performance: Professionals 87
What Is Different about Professional Personnel? 87
What Impact Do These Characteristics Have on Managing
Performance and Rewards? 89
Role Definition and Career Management 89
Performance Management 102
Rewards Management 104
Technicians: A Special Case? 106
Strategies across National Borders 107
Chapter 6 Rewarding Performance: Operating and Administrative
Support Personnel 109
Performance Management 110
Rewards Management 120
Single Rate Base Pay Systems 122
Time-Based Base Pay Systems 122
Performance-Based Pay Systems 122
Rewarding Performance: Part-Time/Temporary Employees
and Contractors 126
Chapter 7 Rewarding Performance: Sales Personnel 128
Developing a Performance and Rewards Management
Strategy for Sales Personnel 129
Defining the Roles within the Sales Function 131
Mix of Base and Variable Compensation 132
Determining Competitive Position Relative to the Market 137
Critical Administrative Issues 138
Implementation 138
Administration 138
Evaluation 139
Compensating Sales Support Personnel 140
Compensating Sales Management 140
Compensating International Sales Personnel 141
Chapter 8 Rewarding Performance: Teams 142
Performance and Rewards Management for Work (Process)
Teams 144
Performance and Rewards Management for Project Teams 146
Performance and Rewards Management for Parallel Teams 149
Chapter 9 Rewarding Performance: Public Sector and Not-for-Profit
Organizations 153
Performance Management 153
viii ? Contents
Rewards Management 157
Time-Based Pay 158
What Are the Alternatives to Time-Based Pay? 159
Chapter 10 Rewarding Performance: Global Workforces 165
Hypotheses about the Impact of Culture on Performance
Management 170
Evaluating Performance Appraisal System Effectiveness 172
Hypotheses about the Impact of Culture on Rewards
Management 173
Evaluating the Effectiveness of Rewards Strategies 177
The HR Function s Role in Performance and Rewards
Management 178
PART 3
Chapter 11
Chapter 12
Chapter 13
STRATEGY INTEGRATION 181
Managing Performance 183
Managing Rewards: Base Pay 202
Managing Base Pay 203
Merit (Job-Based) Pay 203
Person-Based Pay 207
Administering Base Pay Programs 213
Timing of Pay Actions 213
Administrative Controls Utilized 214
Customized versus Consistent Base Pay Programs 218
Managing Rewards: Variable Compensation 219
Characteristics of Variable Compensation 219
Where Variable Compensation Plans Fit 222
Individual Plans 222
Group Plans 224
Organization-Wide Plans 225
Variable Compensation Plan Design Issues 226
Plan Objectives 226
Type of Plan 227
Eligibility 227
Formula for Determining Award Funds 228
Formula for Allocating Funds 229
Form and Timing of Awards 232
Plan Administration 233
Plan Implementation 233
Administrative Issues 234
Evaluating Plan Effectiveness 235
Prerequisites for Variable Compensation Plan Success 236
When Is a Plan Likely to Fail? 236
Contents ? ix
Chapter 14 Evaluating Strategies and Administering Programs 237
Designing the Instrument Panel for Evaluating Programs 239
Evaluating Programs Using the Model 241
Program Objectives 241
Program Methodology and Process 243
Determining the Business Impact of Program Modifications 244
Performing Evaluations 245
Applying the Evaluation Results 247
A Major Decision: Is Application of Policy Variable at the
Individual Level? 247
Chapter 15 Sustainable Strategies: Facing into the Future 256
Alternative Rewards Strategies 259
Evaluating Future Workforce Viability 264
Affracr the Right People 267
Develop People Appropriately 267
Maximize the Available Supply of Human Resources 268
Maximize Workforce Productivity 268
Disseminate Knowledge Effectively 268
Redesign the Organization and Employee Roles 269
Manage Losses Due to Retirement 269
Manage Losses Due to Turnover 270
Outsource Work the Organization Cannot Do Efficiently
or Effectively 271
Conclusion 273
Notes 274
Index 279
|
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| indexdate | 2024-07-09T22:11:15Z |
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| isbn | 0415802822 0415802830 9780203875803 9780415802826 9780415802833 |
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| spelling | Greene, Robert J. Verfasser (DE-588)140824332 aut Rewarding performance guiding principles, custom strategies Robert J. Greene 1. publ. New York, NY [u.a.] Routledge 2011 XII, 288 S. Ill. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Compensation management Employees / Rating of Performance awards Strategic planning Employees Rating of Erscheint auch als Online-Ausgabe 0-203-87580-X HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018977298&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Greene, Robert J. Rewarding performance guiding principles, custom strategies Compensation management Employees / Rating of Performance awards Strategic planning Employees Rating of |
| title | Rewarding performance guiding principles, custom strategies |
| title_auth | Rewarding performance guiding principles, custom strategies |
| title_exact_search | Rewarding performance guiding principles, custom strategies |
| title_full | Rewarding performance guiding principles, custom strategies Robert J. Greene |
| title_fullStr | Rewarding performance guiding principles, custom strategies Robert J. Greene |
| title_full_unstemmed | Rewarding performance guiding principles, custom strategies Robert J. Greene |
| title_short | Rewarding performance |
| title_sort | rewarding performance guiding principles custom strategies |
| title_sub | guiding principles, custom strategies |
| topic | Compensation management Employees / Rating of Performance awards Strategic planning Employees Rating of |
| topic_facet | Compensation management Employees / Rating of Performance awards Strategic planning Employees Rating of |
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