Compensation / Edition 12

by Barry Gerhart, Jerry Newman, George Milkovich

Overview

Best selling title. Tackles major compensation from three sides: theory, research, and practice - no situation can survive that onslaught!

The 12th edition continues to emphasize the importance of total compensation and its relevance for achieving sustainable competitive advantage. Beyond how much people are paid, how they are paid matters too. Managing pay means ensuring that the right people get the right pay for achieving objectives in the right way.

AUTHOR NOTES:

Jerry Newman - research and teaching emphasis on compensation and rewards. Author of My Secret Life on the McJob: Lessons in Leadership Guaranteed to Supersize Any Management Style - awarded one of the twelve "Best of 2007" by the Wall Street Journal. Author of approximately 100 articles. In more than 30 years of consulting, Jerry has worked with such companies as Cummins Engine, AT&T, Graphic Controls, Hewlett-Packard, RJR Nabisco, Sorrento Cheese, McDonalds, and A & W Root Beer. Recipient of 9 teaching awards. Loves hearing from students and professors - feel free to reach out!

Barry Gerhart - serves on the editorial boards for many Journals (including the Academy of Management Journal, Industrial and Laboro Relations Review, International Journal of Human Resource Management, Journal of Applied Psychology, Journal of World Business, Management and Organization Review, Management Revue, and Personnel Psychology). Recipient of many scholarly achievement awards. He is also a Fellow of the Academy of Management.

George Milkovich - For more than 40 years, he has studied and written about how people get paid and what difference it makes. Milkovich served on several editorial boards and received many awards for his research contributions. He received the Keystone Award for Lifetime Achievement for the World at Work Association and the Distinguished Career Contributions Award from the Academy of Management. He is also a Fellow in both the Academy of Management and the National Academy of Human Resources. He chaired the National Academy of Sciences Committee on Performance and Pay. Milkovich is one of the founders of the Center for Advanced HR Studies, a research and development partnership of leading corporations and Cornell's ILR School. He also advised numerous companies around the world on their compensation strategies, received three outstanding teacher awards, and was a visiting professor at several international universities in Europe and Asia. Milkovich conducted executive seminars in many countries and served on advisory boards of leading academic/research centers in the United States and China.

Product Details

ISBN-13:	9781259532726
Publisher:	McGraw-Hill Professional Publishing
Publication date:	01/08/2016
Series:	Irwin Management
Edition description:	Older Edition
Pages:	768
Product dimensions:	7.50(w) x 9.20(h) x 1.70(d)
Age Range:	18 Years

About the Author

Barry Gerhart received his B.S. in psychology from Bowling Green State University and his Ph.D. in industrial relations from the University of Wisconsin-Madison. He is professor of management and human resources and Bruce R. Ellig Distinguished Chair in Pay and Organizational Effectiveness, Wisconsin School of Business, University of Wisconsin-Madison. Dr. Gerhart serves on the editorial boards of and has published in the Academy of Management Journal, Industrial and Labor Relations Review, International Journal of Human Resource Management, Journal of Applied Psychology, Management and Organization Review, and Personnel Psychology. He is a recipient of the Heneman Career Achievement Award, the Scholarly Achievement Award, and the International Human Resource Management Scholarly Research Award from the Academy of Management. He is a Fellow of the Academy of Management, the American Psychological Association, and the Society for Industrial and Organizational Psychology.

Jerry Newman (B.A., U of Michigan; M.A., Ph.D, U of Minnesota) is Distinguished Professor of Organization and Human Resources at the State University of New York at Buffalo.

George T. Milkovich is the M. P. Catherwood Professor at the ILR School, Cornell University. He studies and writes about how people get paid and what difference it makes. People's compensation has been his interest for over 30 years. His research has resulted in numerous publications. Four have received national awards for their contributions.

Table of Contents

PART ONE

INTRODUCING THE PAY MODEL AND PAY STRATEGY

Chapter One: The Pay Model

Chapter Two: Strategy: The Totality of Decisions

PART TWO

INTERNAL ALIGNMENT: DETERMINING THE STRUCTURE

Chapter Three: Defining Internal Alignment

Chapter Four: Job Analysis

Chapter Five: Job-Based Structures and Job Evaluation

Chapter Six: Person-Based Structures

PART THREE

EXTERNAL COMPETITIVENESS: DETERMINING THE PAY LEVEL

Chapter Seven: Defining Competitiveness

Chapter Eight: Designing Pay Levels, Mix, and Pay

PART FOUR

EMPLOYEE CONTRIBUTIONS: DETERMINING INDIVIDUAL PAY

Chapter Nine: Pay-for-Performance: The Evidence

Chapter Ten: Pay-for-Performance Plans

Chapter Eleven: Performance Appraisals

PART FIVE

EMPLOYEE BENEFITS

Chapter Twelve: The Benefit Determination Process

Chapter Thirteen: Benefit Options

PART SIX

EXTENDING THE SYSTEM

Chapter Fourteen: Compensation of Special Groups

Chapter Fifteen: Union Role in Wage and Salary Administration

Chapter Sixteen: International Pay Systems

PART SEVEN

MANAGING THE SYSTEM

Chapter Seventeen: Government and Legal Issues in Compensation

Chapter Eighteen: Management: Making It Work