Strategic Compensation and Talent Management
Lessons for Managers

This engaging core textbook on compensation develops a market-driven perspective, written with managers in mind.

Jed DeVaro (Author)

9781108495202, Cambridge University Press

Hardback, published 2 April 2020

361 pages, 14 b/w illus. 28 tables
25.3 x 19.2 x 2.2 cm, 1.02 kg

'… an excellent example of how to write for amanagement audience, drawing on key concepts in economics, management, psychology and organizational behaviour while avoiding all the jargon and technical detail.' Alex Bryson

Written for current and aspiring managers, this textbook guides readers through the core components of compensation and puts them in the manager's chair, challenging them to apply their understanding to solve business problems such as attracting, managing, and retaining company talent. The book's central theme, supported by extensive treatment of compensating differentials, is that compensation is heavily driven by market competition. The coverage also includes analytics, negotiation and bargaining, wage theft, and non-profits and small businesses, as well as a detailed treatment of stock options. Case studies are included to demonstrate the principles in practice, and 'lessons for managers' in each chapter provide practical advice and takeaways. A rich package of online teaching and learning materials, including teaching slides, sample syllabi, additional case studies, and a test bank is also provided to support teachers and students.

Acronyms
Preface
Case discussions
1. Introduction
2. Compensation contract failure and wage theft
3. Compensating differentials
4. External constraints on pay
5. Internal constraints on pay
6. Compensation analytics I
7. Compensation analytics II
8. Training
9. Pay for performance
10. Executive compensation and stock options
11. Benefits
12. Turnover management and talent retention
13. Promotions and pay
14. Negotiation and bargaining
15. Compensation in nonprofits, the public sector, and small businesses
Last remark
Further resources
Index.

Subject Areas: Business negotiation [KJN], Personnel & human resources management [KJMV2], Business studies: general [KJB], Business & management [KJ], Economics, finance, business & management [K]