Compensation 4th Edition by Milkovich, Newman, Gerhart 0071051562 9780071051569

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ISBN 10: 0071051562 

ISBN 13: 9780071051569

Author: Milkovich, Newman, Gerhart

“Compensation, 4th Edition”, by Milkovich, Newman and Gerhart is the market-leading text in this course area. It offers instructors current research material, in depth discussion of topics, integration of Internet coverage, excellent pedagogy, and a truly engaging writing style. The authors consult with leading businesses, have won teaching awards, and publish in the leading journals. This text examines the strategic choices in managing total compensation. The total compensation model introduced in chapter one serves as an integrating framework throughout the book. The authors discuss major compensation issues in the context of current theory, research, and real-business practices. Milkovich, Newman and Gerhart strive to differentiate between beliefs and opinions from facts and scholarly research. They showcase practices that illustrate new developments in compensation practices as well as established approaches to compensation decisions. Time after time, adopters relay stories of students getting job offers based on the knowledge they learned from this book

Compensation 4th Table of contents:

PART I: Introducing the Pay Model and Pay Strategy
Chapter 1: The Pay Model 
Chapter 2: Strategy: The Totality of Decisions 
PART II: Internal Alignment: Determining the Structure
Chapter 3: Defining Internal Alignment 
Chapter 4: Job Analysis 
Chapter 5: Job-Based Structures and Job Evaluation 
Chapter 6: Person-Based Structures
PART III: External Competitiveness: Determining the Pay Level
Chapter 7: Defining Competitiveness 
Chapter 8: Designing Pay Levels, Mix, and Pay
PART IV: Employee Contributions: Determining Individual Pay
Chapter 9: Pay-for-Performance: Theory and Evidence 
Chapter 10: Pay-for-Performance: Types of Plans 
Chapter 11: Performance Appraisals 
PART V: Employee Benefits
Chapter 12: The Benefit Determination Process 
Chapter 13: Benefit Options 
PART VI: Extending the System
Chapter 14: Compensation of Special Groups: Executives and Others 
Chapter 15: Union Role in Wage and Salary Administration 
Chapter 16: International Pay Systems 
PART VII: Managing the System
Chapter 17: Government and Legal Issues in Compensation 
Chapter 18: Management: Making It Work 

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