Evidence-Based Reward Management: Creating Measurable Business Impact from Your Pay and Reward Practices

This book presents an analysis of the current failure of organizations to assess the effectiveness of compensation practices. It considers the reasons for this and outlines the damaging consequences of it. By examining recent developments in human capital information and measurement, it looks at how [...]
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This book presents an analysis of the current failure of organizations to assess the effectiveness of compensation practices. It considers the reasons for this and outlines the damaging consequences of it. By examining recent developments in human capital information and measurement, it looks at how HR can construct effective reward for improved performance, both for the individual and the organization. It presents the tools and techniques which can be applied to practice evidence-based reward management, including a 4-step model which sets strategic goals, reviews current policies, looks at how to make improvements, and explains how to monitor and adapt on an ongoing basis.