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This resource publication features article reprints from WorldatWork's respected publications - workspan magazine and WorldatWork Journal. It offers readers numerous resources on a variety of topics relating to variable pay. It is broken down into four sections: Strategies for Maximizing the Total Rewards Package, Approaches to Rewarding and Recognizing Employees (financial and non-financial), Approaches to Rewarding Teams and Reward Strategies: A Global Perspective. Selected references will lead you to other WorldatWork and non-WorldatWork resources on this topic.
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With up to four different generations in the workforce, HR practitioners are finding it challenging to design plans that will effectively incent different generations, and attract and retain employees. There have been several major changes in the retirement landscape, particularly concerning the shift of Defined Benefit Pension Plans to Defined Contribution and Hybrid Approaches in plan design. Several laws regarding plan design, funding and eligibility have also further determined the composition of these programs. This book provides a basic understanding of the different types of retirement
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The U.S. Chamber of Commerce has reported that pay for time-not-worked benefits are the most expensive benefits any employer faces. Many companies ask: How does one control benefit costs and have an attractive package for recruiting and retaining star employees? This booklet offers an overview of two contemporary approaches that have been found to help companies control and manage pay for time-not-worked benefits, paid time off banks and the no-fault absentee control system.
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Just as business objectives and strategies play an important role in shaping corporate-pay postures, so does acquiring timely and accurate compensation data. You need to be aware of the issues to consider and steps to take to effectively evaluate your organization's compensation competitiveness in the external market. One way to do that, when other data is unavailable, is to conduct a custom compensation survey. This book shows how such a survey might be conducted, analyzed and presented successfully.
Compensation management. --- Salaries. --- Wage surveys. --- Wages.
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Sales compensation usually is not a full time responsibility for HR generalists. However, HR generalists often do have a need to quickly understand sales compensation 'basics.' Frequently, they are in a position where they are expected to provide practical guidance on the most appropriate process to follow in assessing plan effectiveness, designing a new plan or both.Sales Compensation Essentials: A Field Guide for the HR Professional is intended to educate HR generalists, compensation professionals, and consultants - both internal and external - who from time to time are asked to participate
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