Test Bank for Strategic Compensation in Canada 6th Edition by Long

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Test Bank for Strategic Compensation in Canada 6th Edition by Long

Product details:

  • ISBN-10 ‏ : ‎ 0176657169
  • ISBN-13 ‏ : ‎ 978-0176657161
  • Author: Richard J. Long

Strategic Compensation in Canada is part of the market-leading Nelson Series in Human Resources Management. In this sixth edition, we welcome Dr. Parbudyal Singh onto the project, who brings a wealth of experience and knowledge, while maintaining the foundation built by the late Dr. Richard Long. Recognizing that no single compensation systems fits all organizations, the authors provide a systematic framework for identifying and designing a compensation system that will add value to an organization and meet their overall goals. While other resources focus on the behavioural principles in compensation or the technical details of compensation, Strategic Compensation in Canada goes beyond and includes a balanced, comprehensive, and integrated presentation of strategic, behavioural, and technical principles. Our inclusion of the strategic aspects, along with the behavioral and technical, provides students with a fulsome approach, ensuring a better understanding of all aspects when creating effective compensation systems.

Table contents:

  1. PART 1 STRATEGY, REWARDS, AND BEHAVIOUR
  2. Chapter 1 A Road Map to Effective Compensation
  3. Chapter Learning Objectives
  4. Opening Vignette: A Whopping Salary Increase for Everyone! Does It Work?
  5. Introduction to the Importance of Compensation Systems
  6. Your Compensation System: Asset or Liability?
  7. The Premise of This Book
  8. Role and Purpose of the Compensation System
  9. Extrinsic vs. Intrinsic Rewards
  10. Rewards vs. Incentives
  11. Reward vs. Compensation Strategy
  12. Criteria for Success: Goals for the Compensation System
  13. A Road Map to Effective Compensation
  14. Step I: Understand Your Organization and Your People
  15. Step II: Formulate Your Reward and Compensation Strategy
  16. Step III: Determine Your Compensation Values
  17. Step IV: Design Your Performance Pay and Indirect Pay Plans
  18. Step V: Implement, Manage, Evaluate, and Adapt the Compensation System
  19. The Context of Compensation Management
  20. Summary
  21. Key Terms

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