Synopses & Reviews
Deciding how to reward staff effectively is one of the trickiest and most contentious areas in people management. Getting it right can help promote a motivated workforce, and significantly improve recruitment and retention. But how do you decide what pay scale is suitable for which job and how do you design reward packages which recognize contribution and encourage employees?
The Reward Management Toolkit provides practical, step-by-step guidance on designing and delivering rewards across organizations. The authors describe what each tool will achieve and provide guidance on when it is appropriate to implement it. Each tool is supported by questionnaires, checklists and opinion surveys that can be used as the basis for analysis, discussions in workshops, project teams and focus groups. These tools include: the design, development and implementation process, strategic reward, job evaluation, market rate analysis, benefits options, including flexible benefits and the management and evaluation of reward systems.
Review
"Armstrong...and Cummins...guide human resources and reward specialists and external consultants in developing, implementing, and managing employee rewards. They outline 14 tools that lead readers through reward practices, including reward reviews and strategy, total rewards, risk management, job evaluation, market rate analysis, base pay management, contingent pay, bonus schemes, executive remuneration, international reward, employee benefits, pay reviews, and reward evaluation, with checklists and questionnaires for each." -- Book News Inc.
Synopsis
Deciding how to reward staff effectively is one of the trickiest and most contentious areas in people management. Getting it right can help promote a motivated workforce, and significantly improve recruitment and retention. But how do you decide what pay scale is suitable for which job and how do you design reward packages which recognize contribution and encourage employees?
The Reward Management Toolkit provides practical, step-by-step guidance on designing and delivering rewards across organizations. The authors describe what each tool will achieve and provide guidance on when it is appropriate to implement it. Each tool is supported by questionnaires, checklists and opinion surveys that can be used as the basis for analysis, discussions in workshops, project teams and focus groups. These tools include: the design, development and implementation process, strategic reward, job evaluation, market rate analysis, benefits options, including flexible benefits and the management and evaluation of reward systems.
Synopsis
The Reward Management Toolkit provides practical, step-by-step guidance on designing and delivering rewards across organizations. The authors describe what each tool will achieve and provide guidance on when it is appropriate to implement it. Each tool is supported by questionnaires, checklists and opinion surveys that can be used as the basis for analysis, discussions in workshops, project teams and focus groups. These tools include: the design, development and implementation process, strategic reward, job evaluation, market rate analysis, benefits options, including flexible benefits and the management and evaluation of reward systems.
About the Author
Michael Armstrong is Joint Managing Partner of E-reward and an independent management consultant. His books have sold over 500,000 copies worldwide and are translated into over 20 languages. Among them are Armstrong's Handbook of Human Resource Management, Armstrong's Handbook of Performance Management, Armstrong's Handbook of Management and Leadership and Strategic Human Resource Management (Kogan Page).Ann Cummins is a management consultant specialising in reward and performance management. Previously a partner at international human resources consultancy Towers Perrin, she has consulted through her own company, Humanus, for the last 11 years.