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Creating a Total Rewards Strategy

Creating a Total Rewards Strategy

A Toolkit for Designing Business-Based Plans

Todd M. Manas, Michael Dennis Graham

336 pages, parution le 31/01/2003

Résumé

Operating an effective compensation program is not a static process. Reward plans need to grow and develop along with your business, reflecting both the changing needs of your employees and the evolving vision of your organization.

Creating a Total Rewards Strategy illustrates the key decisions that need to be made in designing or reconfiguring a total rewards strategy based on the key elements of "money, mix, and messages." The book demonstrates step-by-step how to quantify and combine non-financial rewards-such as benefits, perks, training, mentor and recognition programs, and time off-with monetary measures to complement a company's business strategy. Using stories from their combined 40 years of experience working with high-profile companies, authors Manas and Graham show how to link the design of a rewards plan to its total value and the message it conveys.

Both the book and the free CD-ROM are packed with process techniques, exercises, charts, worksheets, and lists of questions to help you identify your company's needs and put strategy into action. You'll learn how to:
  • Collect, organize, and evaluate information that will determine what type of benefits strategy your company requires
  • Gain employee commitment through effective communication and implementation
  • Sustain the effectiveness of your rewards strategy, and know when it's time to reevaluate it

A total rewards strategy is an opportunity to motivate your workforce, send a message about your company's values, and evaluate and expand upon the ways each of your employees contributes to the success of your organization. Creating a Total Rewards Strategy is an essential resource for designing a complete rewards program that will benefit not only employees, but the organization itself.

Contents

Defining Total Rewards and a Rewards Srategy Planning the Total Rewards Development Process Developing an Understanding of the Organization Creating Linkage - Translating the Dimensions of Business into Total Rewards Strategy Leveraging People - Creating the Total Rewards Architecture Turning Architecture into Program Design Delivering the Desired Key Messages Sustaining Plan Effectiveness Approaches to Help Condense the Process

Caractéristiques techniques

  PAPIER
Éditeur(s) Amacom
Auteur(s) Todd M. Manas, Michael Dennis Graham
Parution 31/01/2003
Nb. de pages 336
Format 18,3 x 26,2
Couverture Relié
Poids 800g
Intérieur Noir et Blanc
EAN13 9780814407226
ISBN13 978-0-8144-0722-6

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