The Manager's Guide to Rewards
IN THIS SUMMARY
Most books written about compensation and rewards are targeted at human resource professionals. But with more and more frontline managers making decisions about employee rewards, practical guidance is needed about how to compensate employees in ways that will help secure the achievement of company goals.
In The Manager’s Guide to Rewards, Doug Jensen, Tom McMullen, and Mel Stark have created a pragmatic rewards handbook for managers. Through research and case studies, they demonstrate how rewards can be linked to business concerns, such as ROI and company strategy. The authors outline the core dimensions of effective compensation programs, including base salary, variable pay and nonmonetary benefits. The book concludes by reviewing key elements that are linked with compensation programs, such as communications, career paths, and recognition programs. Through this work, managers will learn how to use rewards programs to achieve competitive advantage and organizational success.