Compensation

Chapter 1 The Pay Model
Chapter 2 Strategy: The Totality of Decisions

PART I Internal Alignment: Determining the Structure
Chapter 3 Defining Internal Alignment
Chapter 4 Job Analysis
Chapter 5 Job-Based Pay Structures and Job Evaluation
Chapter 6 Person-Based Pay Structures

PART II External Competitiveness: Determining the Pay Level
Chapter 7 Defining External Competitiveness
Chapter 8 Designing Pay Levels, Pay Mix, and Pay Structures
Appendix 8 - A Calculating a Market Line Using Regression Analysis
Chapter 9 Employee Benefits

PART III Employee Contributions: Determining Variable Pay Chapter 10Pay for Performance: Performance Appraisal and Plan Design
Chapter 11 Pay-for-Performance Plans

PART IV Managing the System
Chapter 12 The Roles of Governments and Unions in Compensation
Chapter 13 Compensation Budgets and Administration

Appendix: International Pay Systems
Endnotes Glossary
Sources Name
Index
Subject Index
Compensation sixth Canadian edition continues to respond to the demand on the part of Canadian faculty and students for a Canadian version of the US Milkovich that offers a unique perspective on compensation focusing on the strategic choices in managing compensation.

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NEW & UPDATED CONTENT THROUGHOUT All the chapters of this edition have been revised. This edition reinforces our conviction that, beyond how much you pay, what you pay for and how people are paid really matters. Managing pay means ensuring that the right people get the right pay for achieving an organizations' strategic goals in the right way.

NEW & UPDATED MANAGER'S HOT SEAT VIDEOS This resource allows students to watch real managers apply their years of experience to management and organizational behaviour issues. Students assume the role of the manager as they watch the video and then answer multiple-choice questions following the segment. The Manager's Hot Seat Videos are ideal for group or classroom discussions.

NEW APPLICATION BASED ACTIVITIES ON CONNECT. Provide students valuable practice using problem-solving skills to apply their knowledge to realistic scenarios. Students progress from understanding basic concepts to using their knowledge to analyze complex scenarios and solve real-life problems. Along the way, students see the implications of their decisions and are provided with feedback on how management theory should be informing their actions.

NEW REMOTE PROCTORING TECHNOLOGY. New remote proctoring and browser-locking capabilities, hosted by Proctorio within Connect, provide control of the assessment environment by enabling security options and verifying the identity of the student. Seamlessly integrated within Connect, these services allow instructors to control students' assessment experience by restricting browser activity, recording students' activity, and verifying students are doing their own work.

NEW WRITING ASSIGNMENT. Delivers a learning experience that improves students' written communication skills and conceptual understanding with every assignment.

Approach: Yap is a 4 Part/13 Chapter title that employs an approach which offers strategic choices in managing compensation: how you pay is as important as what you pay. This strategic approach gives students grounding in the importance of compensation in terms of business strategy.

The Pay Model: The unique Milkovich Pay Model around which the text is based is introduced right up front and is integrated throughout all subsequent chapter discussions. This model provides students with a framework within which they can apply and practice concepts from the text.

Experiential Exercises: In response to HRM instructor demand, these real-life exercises require the application of learned concepts and techniques. Real-life, real-time application of concepts helps students to connect text theory with real-world application.

Connect. McGraw-Hill Connect is a highly reliable, easy-to-use homework and learning management solution that utilizes learning science and award-winning adaptive tools to improve student results. With Connect's new ReadAnywhere app, students can study on the go - including reading and listening using the audio functionality - without any need for internet access. Using Connect, instructors can take advantage of McGraw-Hill's trusted content to seamlessly deliver assignments, quizzes and tests online.