- Subject index
This major textbook meets the clear need for a substantial but accessible introduction to the practice of human resource management (HRM) within the context of relevant theory and current debates. In a discussion that ranges from the strategic and policy aspects of HRM to the day-to-day processes of employee management, the author identifies and explores key concepts and skills. Distinctive features of the book include: a focus on issues of direct relevance to all line managers, not just to human resource specialists; a combination of a knowledge-based approach with a practical introduction to the most important skills; numerous examples, encapsulating concepts and techniques in clear tables, and a teaching appendix of discuss
Chapter 5: Reward and Compensation Systems
Reward and Compensation Systems
In the judgement of many individuals the nature of reward and compensation systems is central to the notion and discussions of strategic human resource management. This is because the nature of such systems can, at least in principle, so strongly shape, reinforce and complement many of the leading individual themes so prominent in the strategic HRM literature. For instance, in Chapter 2 the discussion of the notion of corporate culture made some limited reference to the potential role of reward systems in either reinforcing or changing the nature of organizational culture. This proposition has been taken a stage further in a recent book by Lawler which argues that the reward system of any organization needs to embody certain ...