Armstrong's Handbook of Reward Management Practice: Improving Performance through Reward / Edition 3

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This book, the definitive guide to understanding, developing, and implementing effective reward, is aimed at both HR practitioners involved in employee compensation and students who need to understand performance incentives and how they can be successfully applied across organizations.  The book is supported by online resources for both lecturers and students. 

This new edition contains new research conducted by E-Reward, as well as new case studies of international companies who are effectively using reward to improve performance.  It includes practical guidance on designing reward for all levels of employee as well as for teams and the organization.

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Editorial Reviews

From the Publisher
"Provides guidance on approaches to the development and management of reward systems that contribute to improving organizational, team, and individual performance while respecting and catering for the needs of employees." — Journal of Economic Literature 

"Armstrong provides a third edition of his handbook on understanding and implementing effective reward programs. The book includes key theories and best practices, and is based in both lessons learned from academic research and numerous reward surveys and case studies. The concept is simple: reward delivers performance. The author gives plenty of straight-forward guidance for how to make that simple concept work. Topics include financial and non-financial rewards, contingent pay and bonus schemes, recognition schemes, pay levels, performance management and reward, employee benefits and flexible benefits, and more." — Book News Inc.

"Provides guidance on approaches to the development and m

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Product Details

  • ISBN-13: 9780749455347
  • Publisher: Kogan Page, Ltd.
  • Publication date: 4/1/2010
  • Edition description: Third Edition
  • Edition number: 3
  • Pages: 560
  • Product dimensions: 6.70 (w) x 9.40 (h) x 1.30 (d)

Meet the Author

Michael Armstrong is a former Chief Examiner of the Chartered Institute of Personnel and Development, joint managing partner of e-reward and an independent management consultant. He has sold over 500,000 books on the subject of HRM, including Armstrong’s Handbook of Human Resource Management Practice.

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Table of Contents

Part I    Essentials of reward management       

1.         An overview of reward management  

2.         The reward system      

3.         Total rewards  

4.         Strategic reward

5.         International reward

Part II   Performance and reward         

6.         Performance management and reward

7.         Engagement and reward          

8.         Financial rewards        

9.         Non-financial rewards

10.       Contingent pay schemes         

11.       Bonus schemes           

12.       Team pay        

13.       Rewarding for business performance 

14.       Recognition schemes  

Part III Valuing and grading jobs

15.       Pay levels       

16.       Job evaluation schemes          

17.       Equal pay       

18.       Market rate analysis

19.       Grade and pay structures

Part IV Rewarding special groups

20.       Rewarding directors and senior executives

21.       Rewarding sales and customer service staff

22.       Rewarding knowledge workers

23.       Rewarding manual workers

Part V  Employee benefit and pension schemes         

24.       Employee benefits

25.       Flexible benefits

26.       Pension schemes

Part VI The practice of reward management

27.       Developing reward systems

28.       Managing reward systems

29.       Evaluating reward management

30.       Responsibility for reward

Appendix A: Reward attitude survey

Appendix B: Engagement survey        

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