Compensation
6th Edition
126006588X
·
9781260065886
© 2021 | Published: February 11, 2021
The new Yap sixth Canadian edition of Compensation (formerly Milkovich) continues to respond to the demand on the part of Canadian faculty and students for a Canadian version that offers a unique perspective on compensation focusing on the strategic …
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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.
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.
The new Yap sixth Canadian edition of Compensation (formerly Milkovich) continues to respond to the demand on the part of Canadian faculty and students for a Canadian version that offers a unique perspective on compensation focusing on the strategic choices in managing compensation.
Compensation is a powerful tool that has major consequences for the success or failure of an organization. In this book, we strive to cull beliefs from facts, wishful thinking from demonstrable results, and opinions from research. Yet, when all is said and done, managing compensation is part science, but also part art.
Compensation is a powerful tool that has major consequences for the success or failure of an organization. In this book, we strive to cull beliefs from facts, wishful thinking from demonstrable results, and opinions from research. Yet, when all is said and done, managing compensation is part science, but also part art.
NEW SMARTBOOK 2.0. Connect's SmartBook 2.0 provides more personalization, productivity and accessibility to improve the teaching and learning experience for both instructors and students. With an increased granularity in the SmartBook 2.0 assignments, instructors now have greater ability to control the level, depth, and type of assignments based on their course syllabus. Students can focus on content areas that they struggle with and need more attention on based on the improved Student Recharge experience in SmartBook 2.0. Available on mobile smart devices - with both online and offline access, Connect's SmartBook 2.0 enables students to study anywhere and anytime.
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.
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McGraw-Hill Connect is an award-winning digital teaching and learning solution that empowers students to achieve better outcomes and enables instructors to improve course management efficiency.
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