Beschreibung:
Focuses on the relationship between compensation systems and firm overall performance. This textbook provides a strategic perspective to compensation administration rather than a functional viewpoint. It emphasizes the role of managerial pay, its importance, determinants, and impact on organizations. It analyzes topics in executive compensation.
Preface, 1. Compensation as an Evolving Field: Past, Present, and Future, 2. Repertoire of Strategic Pay Choices, 3. Pay Choices and Organizational Strategies as an Interrelated Set of Decisions, 4. Executive Compensation: Theoretical Foundations, 5. Determinants and Consequences of Executive Pay, 6. Policy Choices, Strategic Design of Executive Compensation Programs, and Implementation, 7. Risk and Executive Pay, 8. Corporate Social Performance: An Alternative Criteria for the Design of Executive Compensation Programs, 9. Measuring Performance at Different Levels of the Organization, 10. Managing Pay-for-Performance-Systems, References, Index, About the Authors