Compensation
A Balanced Approach
First Edition
- Beverly J. DeMarr - Ferris State University, USA
- Vicki Fairbanks Taylor - Shippensburg University
- Claudia J. Ferrante - United States Air Force Academy
Other Titles in:
Human Resource Management
Human Resource Management
April 2025 | 424 pages | SAGE Publications, Inc
Compensation: A Balanced Approach covers compensation systems and practices through theory and application. Each chapter looks at compensation from both the employer and employee perspective, giving students a more holistic understanding of the role total rewards play in an organization. Authors Beverly J. DeMarr, Vicki Fairbanks Taylor, and Claudia J. Ferrante help students develop the ability to think critically and ethically about compensation decisions and their effects on both employers and employees.
Preface
Acknowledgements
About the Authors
1. Total Compensation
2. Laws Affecting Compensation
3. Compensation Strategy and Objectives
4. Bases of Pay, Variations, and Differentials
5. Establishing an Internally Equitable Compensation System
6. External Equity And Designing A Market-Competitive Pay Structure
7. Rewarding Individual Performance
8. Rewarding Group Performance
9. Legally Required Benefits
10. Voluntary Benefits
11. Compensation of Special Groups
12. International Compensation
13. Compensation System Administration
14. Compensation in Context: Putting It All Together
Appendix: Responsible Furniture Industries, Inc. (RFI)