Building a Fair Pay Program : A Step-by-step Guide

Since 1986 this definitive, step-by-step resource has guided compensation and human resources professionals in one of the most challenging tasks they face: designing and implementing an effective pay program. Now, in this expanded and updated edition, readers learn the critical importance of linking pay to performance by focusing on actual results achieved. The book provides a ready-to-go model to adapt for the particular needs of individual companies. It shows how to: tie the pay program into the organization's strategic plans -- understand and choose among the many options available -- analyze and evaluate specific jobs -- communicate the plan to employees Annotation. "In precise, step-by-step detail, this book shows you how to: assess how much of a contribution an employee actually makes, determine how much he or she ought to share in the rewards of accomplishment, and build an equitable base on which a pay decision can be rendered." "Building a Fair Pay Program takes you through the entire process, from the job description through performance review and compensation decisions. Expert guidance helps you anticipate major issues, involve the right people at the right stage in each process, and ensure that action is taken efficiently at the right time. You'll achieve each desired outcome by controlling the events that lead up to it."--BOOK JACKET. Title Summary field provided by Blackwell North America, Inc. All Rights Reserved A step-by-step resource which guides compensation and human resources professionals in designing and implementing an effective pay programme. It shows how to link pay to performance by focusing on actual results achieved, and how to tie the pay programme into the organization's strategic plans.