Read more
How can I fairly reward and recognize employees and align this with team and organizational performance? Reward Management is a practical guide for understanding how to develop successful reward strategies.
It covers key areas including pay and grade structures, job evaluation, non-cash reward, pay reviews, bonus plans and tax issues. Featuring guidance, practical tools and case studies throughout, this book provides the knowledge and skills needed to plan, implement and assess an effective reward strategy in any type of organization.
This third edition of Reward Management includes the latest research and developments, such as how to incorporate wellbeing and new technologies in reward strategy and how new ways of working may affect a benefits package. Case studies include insight from McDonald's UK, Marks and Spencer and Which? to show how this can be applied in practice. Online resources include downloadable templates and further tools to be used in practice.
HR Fundamentals is a series of succinct, practical guides featuring exercises, examples and case studies. They are ideal for students and those in the early stages of their HR careers.
List of contents
- Chapter - 00: Introduction;
- Section - ONE: The fundamentals of reward management;
- Chapter - 01: Reward and reward strategy;
- Chapter - 02: Why reward is important and how it can make an impact;
- Chapter - 03: Relationship between motivation and reward;
- Chapter - 04: How reward fits together;
- Chapter - 05: How to get started with a reward strategy;
- Chapter - 06: Communications;
- Chapter - 07: Tax and National Insurance;
- Section - TWO: Reward in practice;
- Chapter - 08: Grades and pay structures;
- Chapter - 09: Managing pay data and pay reviews;
- Chapter - 10: Bonus plans;
- Chapter - 11: Recognition and non-cash reward;
- Chapter - 12: Long-term plans;
- Chapter - 13: Benefits;
- Chapter - 14: Conclusions;
- Chapter - 15: Appendix;
- Chapter - 16: References
About the author
Michael Rose is an author, speaker and independent reward consultant. He was formerly the Vice-President of reward at the CIPD, and has held a number of senior reward management positions, such as the Director of Total Reward for Aon Corporation and Head of Reward Management for TSB Bank plc. A regular international conference speaker, he has also appeared on radio and TV commenting on reward issues and has written a number of books and articles on the topic.
Report
"This book is hands-down one of the leading sources of insight and best practice on Reward and related issues that a Human Resource professional at any stage of their experience can turn to. Michael is an accomplished and remarkably progressive thinker across the spectrum of Total Reward and it is of immense benefit to the sector that he continues to share his experience and knowledge with us." Craig Truter, Head of Total Rewards, LumiraDx
