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Strategic Rewards: Implementing more effective reward management
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ISBN
:
9788175545212
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Publisher
:
Kogan Page Limited
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Subject
:
Business & Management
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Binding
:
Paperback
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Pages
:
272
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Year
:
2010
₹
295.0
₹
295.0
295.0
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Description
The reward challenges facing organizations today are enormous, with a significant growth in demand for specialists able to deliver business-enhancing reward solutions. In this comprehensive collaboration, Michael Armstrong and Duncan Brown demonstrate that formulating a reward strategy isn’t enough: you have to make it happen. They profile the potential benefits of strategic reward and describe the ‘new realism’ that is emerging, as organizations pay greater attention to employee motivation and communication in order to realize these benefits in practice. Key sections cover: Strategic reward and organization performance Engagement and organizational commitment strategies Tailoring rewards to suit the environment Developing and implementing reward strategy Communicating reward strategy Fully illustrated with international case studies including BT. GlaxosmithKline, Lyoyds TSB, Tesco and Unilever, Strategic Reward with help HR and reward professionals to make their reward strategies happen. It is essential reading for reward practitioners and managers, HR Professionals, postgraduate HRM Students of reward management. About The Author Michael Armstrong is joint Managing Partner of E-Reward and a former Employee Reward Chief Examiner for the Chartered Institute of Personnel and Development (CIPD). Duncan Brown is Assistant Director General at the Chartered Institute of Personnel and Development (CIPD), leading their research and public policy work. He holds an MBA from the London Business School and has a formidable reputation for his expertise in pay and reward. He is prolific author and public speaker in the field, and in a recent poll he was voted one of the United Kingdom’s Top 10 ‘HR Powerplayers’. Table of Contents Part 1: The essence of strategic reward Strategic reward, what it means Reward strategy, purpose and content Strategic reward and performance Engagement and organizational commitment strategies Part 2 : The context of strategic reward The reward environment Reward strategies in a knowledge economy Reward strategies in a service-based economy Developments in reward management Part 3 : Developing and implementing reward strategies Developing reward strategy Implementing reward strategy Role of the front line manager in managing reward The strategic and multiple roles of the reward professional Communicating reward strategy : from telling and selling to involving and engaging Conclusions
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