The Compensation Handbook

Berger: The Compensation Handbook 0071496750; 9780071496759>

The Perennial Favorite of HR Professionals Seeking the Most Current, Insightful Reference for their Field The Compensation Handbook has been the preeminent resource for human resources and compensation professionals for more than four decades. With its highly reputed and well-regarded body of contributors-each one of them an authority in his or her area of expertise-this in-depth reference provides keen insight into every aspect of compensation. The fifth edition contains new material written by more than sixty authors many of whom are contributing for the first time. The Compensation Handbook includes comprehensive treatment of such timely subjects as:

• Winning the wars to attract and retain the best talent
• Managing an unprecedented exodus-the retirement of the baby boomers
• Coping with the enormously varied needs and expectations of a multi-generational workforce
• Balancing work-life issues
• Addressing the globalization of human capital and all the complications that come with it

Extraordinary changes in business and industry are transforming the world of human capital at a pace never before experienced, requiring professionals to find creative, innovative solutions to a vast array of problems. Turn to The Compensation Handbook in order to stay abreast of the latest issues directly affecting your profession.

For over thirty-five years, human resources and management professionals have been turning to a single source for the most astute and up-to-date commentary about the state of the industry-The Compensation Handbook. Composed of one-hundred percent brand-new material from more than sixty authorities in the field, this fully updated edition provides direct insight into the most critical issues compensation and human resources professionals face today.

Among the many human-capital topics covered are new reward strategies for attracting and retaining highly qualified employees from America's fast-draining talent pool; addressing the mass retirement of baby boomers-the decade's most vexing HR problem; and responding to the varying needs and desires of a multicultural, multi-generational workforce ranging from the over-sixty traditionalists to the new ""Millennials."" The Compensation Handbook illustrates how employee compensation addresses these and many other critical topics, including:

• Unwrapping the riddle of employee pay
• Creating a total reward strategy
• Effectively using competency based pay
• Utilizing the most effective approaches to broadbanding
• Applying the best performance management practices
• Demystifying CEO pay
• Creating team-based incentives for strong outcomes
• Rationalizing board compensation
• Applying a solid program for addressing work-life issues
• Designing compensation systems that support talent management strategies

Never before has such dramatic changes in the workforce occurred as rapidly as they are today. With economies stretching around the globe and the recent rise of foreign financial giants, among numerous other radical changes in business and industry, those in the field of human resources and compensation are faced with an entirely new catalog of concerns. This long-time industry staple contains all the methods, tools, and diagnostics you'll need to navigate the maze.

Packed with the most comprehensive and insightful information you'll find anywhere, The Compensation Handbook offers not only straightforward answers to specific problems, but also provides a firm foundation for solving issues unique to your company.

Lance A. Berger is CEO of Lance A. Berger & Associates, Ltd., a management consulting firm specializing in compensation, talent management, and change management. He co-wrote De-engineering the Corporation. Dorothy R. Berger is Managing Director of Lance A. Berger & Associates, Ltd. They are both co-authors of Management Wisdom from the New York Yankees' Dynasty and co-editors of The Compensation Handbook, 4th Edition, The Talent Management Handbook, The Change Management Handbook.