Innovative Reward Systems for the Changing Workplace 2/eInnovative Reward Systems for the Changing Workplace explains the compensation and reward strategies successful companies use to focus, encourage, and achieve high performance. Reward systems authority Thomas Wilson has made this updated edition much more "how-to" and covers important new pay strategies such as "flex compensation," stock options, 360 feedback, and employee ranking. The book includes dozens of creative suggestions and ideas for compensation strategies in any organization. |
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Contents
1 | |
PART II Implementing Innovative Reward Strategies | 99 |
PART III Putting Rewards into Practice | 273 |
Notes | 355 |
Bibliography | 361 |
Index | 369 |
About the Author | 380 |
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Common terms and phrases
ability achieve actions approach areas assessment awards become behaviors build challenge Chapter clear commitment communication compensation competencies competitive consequences continue contributions costs create critical culture customers decisions defined desired determine develop discussed effective efforts employees encourage established examine example executives expected factors feel Figure Finally firm focus frequently function goals human ideas impact implement important improve incentive increase individual investment involved issues levels major managers marketplace meaningful means measures meet ment needs objectives operational opportunities organization organizational payout percent performance performance management period positive practices problem programs rates receive recognition reflect reinforce requirements responsibilities reward systems role salary share situation specific stock options strategy success talent task tion understand unit usually variable pay
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