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Pay People Right!: Breakthrough Reward Strategies to Create Great Companies (Jossey-Bass Business and Management Reader)
 
 

Pay People Right!: Breakthrough Reward Strategies to Create Great Companies (Jossey-Bass Business and Management Reader) (Hardcover)

by Patricia K. Zingheim (Author), Jay R. Schuster (Author) "Change has made road kill of the futures of many companies and proud workforces ..." (more)
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Customers buy this book with New Books Catalogue April - September 2007: Reward Management: A Handbook of Remuneration Strategy and Practice: 50 by Michael Armstrong

Pay People Right!: Breakthrough Reward Strategies to Create Great Companies (Jossey-Bass Business and Management Reader) + New Books Catalogue April - September 2007: Reward Management: A Handbook of Remuneration Strategy and Practice: 50
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Product details

  • Hardcover: 416 pages
  • Publisher: Jossey Bass; 1st ed edition (16 Feb 2000)
  • Language English
  • ISBN-10: 078794016X
  • ISBN-13: 978-0787940164
  • Product Dimensions: 23.1 x 15.7 x 3.6 cm
  • Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 430,827 in Books (See Bestsellers in Books)
  • See Complete Table of Contents

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Product Description

Review
"A thoroughly up–to–the minute explanation of the best thinking on pay practices by two extraordinary well qualified experts. What could be of greater value? At last a readable book that provides answers to today′s trickiest pay issues." ––Jack Zenger, president, PROVANT Inc., and co–author of Results–Based Leadership, Leading Teams, and Self–Directed Work Teams

"Zingheim and Schuster have done it again! They have produced a second must–read book on pay. Pay People Right! is full of useful information about how to create and manage pay systems that fit today′s organizations. More than just a how to do it approach, it provides a business basis for the development of key pay strategies which can provide a competitive advantage." ––Edward E. Lawler III, director, Center for Effective Organizations, University of Southern California, and author of From the Ground Up and Rewarding Excellence

"Pay People Right! offers practical, forward thinking, and useful advice on how to design and deliver compensation systems to get results. The book has been invaluable to me in clarifying my thinking and is a must read for managers, HR professionals, consultants, and others who craft reward systems. I use it in teaching our executive program." ––Dave Ulrich, University of Michigan professor, author of Human Resource Champions, and co–author of Results–Based Leadership

"Zingheim and Schuster have written a first–rate book on reward systems. It is reader–friendly, original and practical. What′s most impressive is how they demonstrate the effect of pay on mergers, team performance as well as performance measures in general plus providing some useful lessons on pay systems during times of hyper–turbulent change. If the lessons of this book are thoughtfully applied, improved organizational effectiveness will follow." ––Warren Bennis, Distinguished Professor of Business, University of Southern California, and co–author of Co–Leaders

"Pay People Right! is a must read for those who wrestle with the dynamic and critical challenge of using pay to help get better results from the workforce. It provides practical solutions for achieving a balance between workforce fulfillment and peformance." ––Jon R. Katzenbach, founder of Katzenbach Partners LLC, author of Teams at the Top and coauthor of The Wisdom of Teams

Product Description
Widely recognized as the nation′s foremost experts on pay strategies, Zingheim and Schuster offer up a nuts–and–bolts guide on how a company can use pay to create a win–win partnership with its workforce. Their advice is direct and specific and will help you tackle many of today′s most critical business issues from attracting and retaining talent to motivating sales staffs to improving mergers and acquisitions. Charged with readily usable tools for successfully implementing pay change, Pay People Right! also contains numerous examples of how many top organizations are creating total rewards packages that engage people and enhance performance.

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Inside This Book (Learn More)
First Sentence
Change has made road kill of the futures of many companies and proud workforces. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Pay People Right!: Breakthrough Reward Strategies to Create Great Companies (Jossey-Bass Business and Management Reader)
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2 of 3 people found the following review helpful:
5.0 out of 5 stars A "must" reading guide !, 29 Feb 2000
By A Customer
"Pay People Right! defines", Zingheim and Schuster write, "the leading and communicating role of pay in business performance. Pay enjoys a critical role in helping companies and people enhance their performance. A number of important tools are available to improve pay design. We describe how people can add value and how your company can get from where it is now to where it would like to be."

In this context, Zingheim and Schuster :

* define the six reward principles that provide consistency of purpose and direction for the diverse pay topics.

* describe how an enterprise's business situation, business strategy, human resources strategy, and total reward strategy drive the business case for changing rewards.

* discuss the importance of the total reward picture in determining a firm's competitiveness in the labor market.

* discuss how business strategy and goals can best drive rewards to be successful.

* define the concept of paying for individual's ongoing value along three dimensions : (1) skills and competencies that the individual uses to get results, (2) the individual's consistent performance over time, and (3) the individual's value relative to the labor market.

* review alternative structures for base pay, including grades and ranges, market rates, broad grades, and career bands.

* discuss both cash-based and stock-based long-term variable pay as a reward tool not only for executives but also for key people, wherever they are in the firm.

* discuss team reward design and the issues surrounding the move to team pay.

* discuss reward strategies for scarce talents, salesforce and executives.

* discuss the role of total pay during the turmoil of mergers and acquisitions.

* discuss results of globalization, as unique total reward opportunities.

I highly recommend this invaluable study to executives, managers, HR and compensation professionals.

(Reviewed by FreeImageOnline.com / FreeImageOnline Human Resources Group, Istanbul, Turkey)

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