Not a Member?  Become One Today!

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

    
 

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

Buy now at the SHRMStore

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 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.

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.

 

 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

Copyright Image Obtain reuse/copying permission