This second edition addresses cutting edge new compensation issues not included in the first edition such as stock options, cutting compensation in a down market, 360 feedback, forced employee... This description may be from another edition of this product.
I have read and used the material of this book with a wide variety of organizations. I have found the information clear, very helpful, and most importantly, insightful. It provides both the basic concepts for what makes all forms of reward systems work, as well as how to link them to the strategic direction of a company. There are descriptions of all forms of compensation, recognition and management practices. If you are global company or just competing in local markets, you will find something useful in this book. Its the most complete resource book that we have found available in the market. Buy it, use it, and re-read it because there are more things than one can absorb in a single sitting.
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