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"While many organizations boast that their people are their most important assets, a good many fail to act as though they believed it."
What about your organization? Does it "walk the talk" when it comes to proving to employees that they matter? Even the most well-intentioned companies fall short in their efforts to recognize and reward excellence. Sometimes the obstacle is a thicket of red tape or the burden of "the way we’ve always done it." And of course it’s often a financial matter.
Many managers believe that compensation decisions rest with the HR department. But contrary to what you might think, your hands are not tied.
The Manager’s Guide to Rewards is the first book to take a practical look at compensation issues from the manager’s perspective. It covers everything you and your company need to know to create a program that significantly and consistently rewards great employees without overly burdening the bottom line.
The book answers important questions that have long frustrated managers in all types of organizations:
How can I motivate my best people (and keep them) when company policy keeps salary increases so paltry?
How do I quantify performance and tie bonus levels to specific levels of achievement, especially where it’s difficult to assign precise dollar values to job responsibilities?
How do I make the business case for rewarding employees, and how do I make the process easier not just one time, but as a matter of course?
How can I most effectively deploy (separately and in combination) salary, short- and long-term incentives, benefits, perks, and nonmonetary rewards?
The Manager’s Guide to Rewards also shows how to make your recognition and rewards program a positive and proactive part of your overall performance management strategy, whether you’re a line manager or a human resources or compensation professional. You’ll learn how to state goals in ways that create employee focus and define clear performance measures that motivate every employee to go above and beyond every day.
The most forward-looking organizations realize that the key to attracting, developing, and retaining top performers is a comprehensive and progressive compensation program that reinforces the company’s stated outlook on the importance of its people. The Manager’s Guide to Rewards gives your company the power to compete with those organizations and achieve unprecedented and sustained growth."
|Product dimensions:||6.00(w) x 9.10(h) x 1.00(d)|
|Age Range:||17 Years|
About the Author
"The authors are senior executives with Hay Group, one of the most respected consulting groups in the world, with more than eighty offices in dozens of countries. Doug Jensen is a Vice President and U.S. Executive Compensation Practice Leader in Hay Group's Walnut Creek, California, office.
Tom McMullen is a Vice President and U.S. Reward Practice Leader based in Chicago. Mel Stark is a Vice President and Regional Reward Practice Leader in the New York office."
Table of Contents
"Foreword by Lloyd Hill, Chairman and CEO of Applebee’s International
Preface by Murray Dalziel, Managing Director, Global Practices, Hay Group
1. Why This Book Is Important
2. Ensuring an ROI on Your Rewards Programs
3. The Link Between Rewards and the Business
4, Performance Measures That Motivate
5. Getting Employee Commitment with Total Rewards
6. Putting a Price Tag on Work
7. Base Salary Management: Building the Foundation
8. Reinforcing Results with Variable Pay
9. The Hidden Value of Benefits
10. Remembering the Management in Performance Management
11. A (Career) Path to Employee Satisfaction and Business Success
12. The Importance of Communications
13. Recognition: The Most Meaningful Reward?
About the Authors
About Hay Group"
What People are Saying About This
"This is THE most comprehensive and straightforward book I've seen on how to get the best from your people. The authors have created a definitive resource for line managers from beginners to seasoned executives."
Robert A. Eckert, Chairman and CEO, Mattel
"It has been the willingness and ability of our employees to adapt quickly and lead the way that has resulted in P&G's unparalleled growth and success over the past number of years. People are, without question, our most valuable resource. As this book keenly demonstrates, it is every manager's core responsibility to their teams and to the company to empower, energize, and reward employees in multiple ways that maximize their individual potential."
Filippo Passerini, CIO and Global Business Officer, Procter and Gamble
"The ability to attract, motivate, and retain employees is not an optional skill for line managers, and this book proves it. The authors will orient you and show you how to pull all the reward levers to your advantage."
Anne C. Ruddy, CCP, President, WorldatWork"
Reading Group Guide
"Both novice and expert managers can benefit from reading this book. The book provides strategies for empowering, energizing, and rewarding employees that maximizes individual potential. Motivating employees to go ‘above and beyond’ every day will yield success in the workplace and for the organization." AORN Magazine