Strategic Compensation: A Human Resource Management Approach / Edition 9

Strategic Compensation: A Human Resource Management Approach / Edition 9

by Joseph Martocchio
ISBN-10:
0134320549
ISBN-13:
9780134320540
Pub. Date:
01/03/2016
Publisher:
Pearson Education
ISBN-10:
0134320549
ISBN-13:
9780134320540
Pub. Date:
01/03/2016
Publisher:
Pearson Education
Strategic Compensation: A Human Resource Management Approach / Edition 9

Strategic Compensation: A Human Resource Management Approach / Edition 9

by Joseph Martocchio
$306.65
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Overview

For courses in Human Resource Management.

Connecting Art and Science in Compensation Practices

Strategic Compensation: A Human Resource Management Approachdemonstrates the art and science of compensation practice and its role in a company’s competitive advantage. Through focused activities and supporting course material, readers build a solid foundation to become proficient compensation professionals.

The Ninth Edition focuses on the context of compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, the challenges of compensating key strategic employee groups, and pay and benefits around the world, preparing readers to assume the roles of successful compensation professionals.

Also Available with MyManagementLab®

This title is available with MyManagementLab—an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.

NOTE: You are purchasing a standalone product; MyManagementLab does not come packaged with this content. If you would like to purchase both the physical text and MyManagementLab search for:

0134304217 / 9780134304212 Strategic Compensation: A Human Resource Management Approach Plus MyManagementLab with Pearson eText — Access Card Package, 9/e

Package consists of:

  • 0134320549 / 9780134320540 Strategic Compensation: A Human Resource Management Approach
  • 0134320573 / 9780134320571 MyManagementLab with Pearson eText — Access Card — for Strategic Compensation: A Human Resource Management Approach


Product Details

ISBN-13: 9780134320540
Publisher: Pearson Education
Publication date: 01/03/2016
Edition description: Older Edition
Pages: 416
Product dimensions: 7.90(w) x 10.10(h) x 0.70(d)

About the Author

About our author

Joseph J. Martocchio’s interest in the human resource management (HRM) field began while he was a junior at Babson College and in compensation, particularly, while he was a first-year graduate student at Michigan State University. Martocchio found himself wanting to practice in the field as well as become a university professor and researcher. He pursued both professional desires starting with employment at Cameron and Colby (a reinsurance company) in Boston and General Electric’s Aerospace business group in Valley Forge, PA.

Martocchio advanced his education in the HRM field by earning a master’s degree and PhD degree at Michigan State University. His master’s degree enabled him to build an even stronger foundation in practice and his doctoral degree provided him with the skills to conduct scholarly research and teach college-level courses. Since earning his graduate degrees, Martocchio has been a professor in the School of Labor and Employment Relations at the University of Illinois, Urbana-Champaign and assumed administrative roles as a Provost Fellow, Associate Dean for Academic Affairs, and Interim Dean. All the while, he has taught a variety of courses in the HRM field. These include compensation systems, employee benefits, employment systems (HRM and labor relations), HR planning and staffing, and statistics. He also teaches the compensation and statistics courses online. For many years, Martocchio served as the faculty advisor to the student chapter of the Society for Human Resource Management at the University of Illinois during which time students earned Merit Awards and Superior Merit awards on multiple occasions.

As a researcher, Martocchio has studied a variety of topics that include employee absenteeism, employee training and development, compensation systems, employee benefits, and generational diversity. His work appears in leading scholarly journals such as Academy of Management Journal, Academy of Management Review, Journal of Applied Psychology, Journal of Management, and Personnel Psychology. He received the Ernest J. McCormick Award for Early Career Contributions from the Society for Industrial and Organizational Psychology (SIOP), and was subsequently elected as a Fellow in both the American Psychological Association and SIOP. Following the attainment of this recognition, he served as the Chair of the HR Division of the Academy of Management as well as in various other leadership roles within that organization.

In 2018, a study in the Academy of Management Learning and Education revealed that Martocchio is in the top 1% of the most influential HRM authors out of a total of 9,744 people. Besides writing scholarly articles and Strategic Compensation: A Human Resource Management Approach, he has 2 additional sole-authored textbooks: Human Resource Management (Pearson Higher Education), 15th edition, and Employee Benefits: A Primer for Human Resource Professionals (McGraw-Hill), 6th edition.

Table of Contents

PART 1: Setting the Stage for Strategic Compensation

1. Strategic Compensation: A Component of Human Resource Systems

2. Contextual Influences on Compensation Practice

PART 2: Bases for Pay

3. Seniority Pay and Merit Pay

4. Incentive Pay

5. Person-Focused Pay

PART 3: Designing Compensation Systems

6. Building Internally Consistent Compensation Systems

7. Market-Competitive Compensation Systems

8. Building Pay Structures that Recognize Employee Contributions

PART 4: Employee Benefits

9. Discretionary Benefits

10. Legally-Required Benefits

PART 5: Contemporary Strategic Compensation Challenges

11. Compensating Executives

12. Compensating the Flexible Workforce

PART 6: Compensation Around the World

13. Compensating Expatriates

14. Pay and Benefits outside the United States

Epilogue

15. Challenges Facing Compensation Professionals

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