Compensation
by George T. Milkovich, Jerry M. Newman · Barry Gerhart, Jerry Newman
Standard graduate and undergraduate text built around a pay model of internal alignment, external competitiveness, employee contributions, and administration. Readers learn to evaluate jobs, set pay levels against markets, design incentive plans, and manage benefits and pay budgets.
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More resources on Compensation and Benefits
hbr.org
Harvard Business Review (hbr.org) offers research-based articles, case studies, and practical guidance on leadership, strategy, and organizational performance for managers and executives.
BLS National Compensation Survey
Bureau of Labor Statistics program publishing survey data on employer costs for wages and benefits, benefit access and participation, and pay trends through the Employment Cost Index. Useful for benchmarking pay packages and tracking how US compensation costs change over time.
Strategic Compensation
Textbook treating pay and benefits as tools of business strategy, covering job evaluation, market pricing, merit and incentive pay, pay structures, and legally required and discretionary benefits. Readers can design compensation systems that support organizational goals and comply with US employment law.
Compensation and Benefits
This course examines the intricacies of the total rewards package for employment. You will learn how to structure a compensation strategy and evaluate benefit trends in the market. You will also learn about different benefit types and options as well as various pay systems and HR technology. By the end of this course, you will be able to: ● Explain the most common theories and motivational principles associated with total rewards ● Evaluate how your organization wants to structure compensation strategy ● Explain how job evaluation techniques are used to align compensation strategy with actual pay ● Explain different benefit types and options ● Appraise different types of pay systems No prior experience in Human Resources is needed to be successful in this course.
worldatwork.org
WorldatWork is a professional association and resource hub for total rewards, focusing on compensation, benefits, and HR practices. It provides research, benchmark data, articles, webinars, courses, and certifications for compensation and benefits professionals.
SHRM (Society for Human Resource Management)
Website of the Society for Human Resource Management, the largest HR professional association, with articles, legal and compliance updates, research, policy templates and toolkits on recruiting, employee relations, compensation and workplace law. Readers learn how HR practice and regulation work; many toolkits require membership.