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Solving the Compensation Puzzle: Putting Together a Complete Pay and Performance System 

2008 
978-1-58644-092-3 
 
 

Solving the Compensation Puzzle: Putting Together a Complete Pay and Performance System
By Sharon K. Koss

2008, 158 pages, Paperback with CD-ROM
ISBN: 978-1-58644-092-3
SHRMStore Item #: 61.11001

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The PDF version e-book is available through the SHRMStore and the Kindle version through Amazon.

Solving the Compensation Puzzle will help you lead senior management through the compensation process, improve employees' performance, and reduce turnover. An effective compensation program recognizes that monetary rewards change employee behavior. Employees want appreciation and a pleasant work environment, but they need to believe that extra effort is noticed and rewarded. It is important to have a variety of reward systems, especially for employees who want to know what is in it for them. A good pay-for-performance plan will help you attract, retain and motivate your top performers.

Checklists, practical tips, sample policies, training materials, and forms designed by Sharon Koss will help you design a pay-for-performance system for your organization -- whether you are starting from scratch or trying to improve part of the current system.

Read an Excerpt.

 Praise for the Book

"In all my 40+ years in HR, I've never seen a more compressed no nonsense book on compensation! Practical how-to tips, easy to follow steps and the forms you'll need are included on the CD." -- Michael R. Losey, SPHR, President, MikeLosey.com

"Ms. Koss' vast HR knowledge and depth of real world experience that possesses is evident in this book. She breaks down complex concepts to step-by-step directions enabling HR professionals to develop and implement successful pay for performance compensation plans." -- Betsy Kipper, PHR, HR Technology Senior Manager, The Boeing Company

"For every HR generalist who needs to understand the nuts-and-bolts of compensation plan design and implementation, this book is a must-read. Sharon Koss has broken down this complex area and jargon into an understandable text that enables all HR professionals to be able to link their compensation programs with their organization's strategic objectives." -- Gary B. Kushner, SPHR, SBP, President and CEO, Kushner & Co.

"Sharon is very skilled and competent in the world of compensation. I loved the awareness-creating pieces." -- Pamela C. Bezona, President, Chief Success Officer of Performance eSource

"Sharon is the Bill Gates of compensation . . . . no one knows compensation better than she does! The real feat is that she has managed to develop a resource for business that takes a complicated subject like compensation and makes it easy to understand. The forms included are a godsend!" -- Jeff Jones, Director of Human Resources, Memorial System


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 Table of Contents

Preface

Introduction: A Step-by-Step Guide to Designing a Pay-for-Performance System

Chapter 1. A Historical Look at Pay for Performance

Chapter 2. Is Pay for Performance Worth the Trouble?

Chapter 3. Compensation's Role in Human Resources Strategy

Chapter 4. The Pay-for-Performance Foundation

Chapter 5. How to Write a Job Description

Chapter 6. Make Sure Employees Are in the

Chapter 7. Performance Appraisal: An Essential Step to Pay for Performance

Chapter 8. How to Design, Update and Maintain the New Compensation System

 About the Author

Sharon K. Koss, SPHR, CPP, was the president of Koss Management Consulting. She was a past chair of the Human Resource Certification Institute and served on the faculty of the SHRM Academy.