Praise for The WorldatWork Handbook of Compensation, Benefits & Total Rewards This is the definitive guide to compensation and benefits for modern HR professionals who must attract, motivate, and retain quality employees. Technical enough for specialists but broad in scope for generalists, this well-rounded resource belongs on the desk of every recruiter and HR executive. An indispensable tool for understanding and implementing the total rewards concept, the WorldatWork Handbook of Compensation, Benefits, and Total Rewards is the key to designing compensation practices that ensure organizational success. Coverage includes:* Why the total rewards strategy works* Developing the components of a total rewards program* Common ways a total rewards program can go wrong* Designing and implementing a total rewards program* Communicating the total rewards vision* Developing a compensation philosophy and package* FLSA and other laws that affect compensation* Determining and setting competitive salary levels* And much more
Introduction : redefining employee rewards by Anne C. Ruddy
1 Total rewards : everything that employees value in the employment relationship 1
2 Why the total rewards approach works 14
3 Developing a total rewards strategy 18
4 Designing a total rewards program 28
5 Communicating total rewards 53
6 Compensation fundamentals 87
7 Regulatory environment : the FLSA and other laws that affect compensation practices 109
8 Market pricing 143
9 Salary surveys : a snapshot 161
10 Job analysis, documentation, and evaluation 180
11 Base pay structures 223
12 Sales compensation fundamentals 257
13 Executive compensation : an introduction 287
14 Linking pay to performance 311
15 Cash bonus plans and recognition programs 338
16 Equity-based rewards 366
17 Employee benefits basics 397
18 Benefits compliance : an overview for the HR professional 428
19 Worker privacy, unpaid leave, and other benefit-related laws that protect the individual 458
20 Planning benefits strategically 483
21 Implementing flexible benefits 500
22 Work-life effectiveness 518
23 Caring for dependents 541
24 Culture at work