Strategic Compensation in Canada Canadian 6th Edition Long Solutions Manual
Product details:
- ISBN-10 : 0176657169
- ISBN-13 : 978-0176657161
- Author: Richard J. Long
Strategic Compensation in Canada is part of the market-leading Nelson Series in Human Resources Management. In this sixth edition, we welcome Dr. Parbudyal Singh onto the project, who brings a wealth of experience and knowledge, while maintaining the foundation built by the late Dr. Richard Long. Recognizing that no single compensation systems fits all organizations, the authors provide a systematic framework for identifying and designing a compensation system that will add value to an organization and meet their overall goals. While other resources focus on the behavioural principles in compensation or the technical details of compensation, Strategic Compensation in Canada goes beyond and includes a balanced, comprehensive, and integrated presentation of strategic, behavioural, and technical principles. Our inclusion of the strategic aspects, along with the behavioral and technical, provides students with a fulsome approach, ensuring a better understanding of all aspects when creating effective compensation systems.
Table contents:
- PART 1 STRATEGY, REWARDS, AND BEHAVIOUR
- Chapter 1 A Road Map to Effective Compensation
- Chapter Learning Objectives
- Opening Vignette: A Whopping Salary Increase for Everyone! Does It Work?
- Introduction to the Importance of Compensation Systems
- Your Compensation System: Asset or Liability?
- The Premise of This Book
- Role and Purpose of the Compensation System
- Extrinsic vs. Intrinsic Rewards
- Rewards vs. Incentives
- Reward vs. Compensation Strategy
- Criteria for Success: Goals for the Compensation System
- A Road Map to Effective Compensation
- Step I: Understand Your Organization and Your People
- Step II: Formulate Your Reward and Compensation Strategy
- Step III: Determine Your Compensation Values
- Step IV: Design Your Performance Pay and Indirect Pay Plans
- Step V: Implement, Manage, Evaluate, and Adapt the Compensation System
- The Context of Compensation Management
- Summary
- Key Terms
- Discussion Questions
- Using the Internet
- Exercises
- Case Question
- Simulation Cross-Reference
- Notes
- Chapter 2 A Strategic Framework for Compensation
- Chapter Learning Objectives
- Opening Vignette: A Tale of Two Firms
- Introduction to Effective Compensation Systems
- A Strategic Framework for Compensation
- Strategy and the Concept of Fit
- Structural Variables
- Managerial Strategy
- Contextual Variables
- Managerial Strategies and Reward Systems
- Classical Managerial Strategy
- Human Relations Managerial Strategy
- High-Involvement Managerial Strategy
- Interrelationships Among Structural Variables
- Determinants of the Most Appropriate Managerial Strategy
- Environment
- Corporate Strategy
- Technology
- Organization Size
- The Nature of the Workforce
- Tying It All Together
- Trends in Managerial and Compensation Strategies
- The Evolution of Managerial Strategies
- Trends in Compensation Systems
- Summary
- Key Terms
- Discussion Questions
- Using the Internet
- Exercises
- Case Questions
- Simulation Cross-Reference
- Notes
- Chapter 3 A Behavioural Framework for Compensation
- Chapter Learning Objectives
- Opening Vignette: Fouled-Up Pay Systems Lead to an Economic Meltdown
- Introduction to Reward Systems and Behaviour
- Types of Reward Problems
- Failure to Produce Desired Behaviour
- Production of Desired Behaviour and Undesirable Consequences
- Production of Reward Dissatisfaction
- Desired Reward Outcomes
- Three Key Employee Behaviours
- Three Key Employee Attitudes
- Causes and Consequences of Reward Dissatisfaction
- Causes of Reward Dissatisfaction
- Consequences of Reward Dissatisfaction
- Understanding Membership Behaviour
- Causes of Membership Behaviour
- Rewards, Satisfaction, and Commitment
- Is Low Turnover Always Good?
- Understanding Task Behaviour
- Content Theories of Motivation
- Maslow’s Hierarchy of Needs
- Process Theories of Motivation
- Money as a Motivator
- Understanding Organizational Citizenship Behaviour
- Causes of Citizenship Behaviour
- Creating Citizenship Behaviour
- Behavioural Implications for Designing Reward Systems
- 1. Define the Necessary Employee Behaviour
- 2. Determine the Necessary Employee Attributes
- 3. Identify Salient Employee Needs
- 4. Ensure a Positive Reward Valence
- 5. Make It Clear That Performance Will Lead to Rewards
- 6. Provide Conditions for Effort to Lead to Performance
- Summary
- Key Terms
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