Details

The WorldatWork Handbook of Total Rewards


The WorldatWork Handbook of Total Rewards

A Comprehensive Guide to Compensation, Benefits, HR & Employee Engagement
2. Aufl.

von: WorldatWork, Dan Cafaro

63,99 €

Verlag: Wiley
Format: PDF
Veröffentl.: 21.01.2021
ISBN/EAN: 9781119682462
Sprache: englisch
Anzahl Seiten: 416

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

<p><b>Equip yourself to manage, motivate, compensate, and reward everyone in this workplace revolution</b></p> <p>The future of work is here. From the shift to Millennials and Gen Z in the workforce to the advent of the Fourth Industrial Revolution and the Gig Economy, the world of work and rewards has significantly changed since the initial <i>WorldatWork Handbook </i>was published. Human resources and total rewards professionals need tools to equip them to manage a changing workforce. This completely revised second edition addresses the challenging and disruptive issues facing employers today and tomorrow.</p> <p><i>The WorldatWork Handbook of Total Rewards</i> is the definitive authority on compensation and rewards from the leading global nonprofit organizations for professionals who are engaged in the critically important practice of total rewards. This book is a go-to resource for all business professionals and leaders who reward and create productive, committed and inspired workforces worldwide. Readers will learn the basics of rewards, along with a deep dive and high-level view of how rewards programs enable organizations to deliver on their brand promises and perform at their optimal level.</p> <ul> <li>Gain a thorough understanding of compensation and benefits, along with employee well-being, development, and recognition, all updated to address the realities of today’s workplace.</li> <li>Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs.</li> <li>Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era.</li> <li>Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty.</li> </ul> <p>Technical enough for specialists but broad in scope for managers and HR generalists, this well-rounded resource belongs on the desk of anyone interested in organizational effectiveness. An indispensable tool for understanding and implementing the total rewards concept, <i>The WorldatWork Handbook of Total Rewards, Second Edition</i> is the key to designing programs and practices that ensure employee engagement and organizational success. </p>
<p>Acknowledgments vii</p> <p>Foreword: Finding Our Way Forward xi</p> <p>Introduction: 4IR: It’s the End of Work as We Know It (and the Rewards Are Fine) xvii</p> <p>1. The Power of Total Rewards 1</p> <p>2. Everything You Want to Know about Compensation (but Were Afraid to Ask) 24</p> <p>3. Market Pricing and the Battle for Prize-Winning Talent 67</p> <p>4. Linking Pay to Performance via Merit Pay 86</p> <p>5. Executive Pay Disclosures, Trends, and Challenges 115</p> <p>6. Sales Compensation Essentials 138</p> <p>7. The Changing Face of Employee Well-Being 170</p> <p>8. Benefits Basics 196</p> <p>9. How to Reskill Your Workforce through Continuous Development 239</p> <p>10. How to Recognize and Reward Your Top-Performing Employees (with Cash Bonuses and Praise) 256</p> <p>11. The Cornerstone of a Global Employee Engagement Strategy 272</p> <p>12. Corporate Accountability in a Diverse and Inclusive World 292</p> <p>13. Pay Equity and Rewards Fairness 314</p> <p>14. Contingent Workers and the New Talent Value Proposition 331</p> <p>15. The Present and Future of Work: Digital Disruption, Automation, and Reskilling 346</p> <p>References by Chapter 365</p> <p>Index 373</p>
<p><b>WorldatWork</b> is the leading global nonprofit organization for professionals who are engaged in the critically important practice of Total Rewards. It serves those who are responsible for cultivating inspired, engaged, productive, and committed workers in effective and rewarding workplaces. It guides them in the design and delivery of Total Rewards programs with education and certification, idea exchange, thought leadership, knowledge creation, information sharing, research, advocacy, and networking.
<p>The world is changing. And the way we work is changing along with it. As we shift to more remote and hybrid work environments, the gig economy expands, and new generations replace baby boomers, an entirely different and novel definition of “workforce” emerges. No longer can organizations rely on the methods and techniques that worked in the past to continue delivering satisfactory results in the future. Modern workers increasingly demand a different sort of value proposition, one that recognizes their unique role in an ever-evolving economy. <p><i>The WorldatWork Handbook of Total Rewards </i>delivers a definitive exploration of the role that compensation and rewards play in the new workplace. With a broadened scope that addresses virtually all modern employers, the book aims to tackle not only the problems of today, but those of the near future as well. The book offers readers a high-level overview of how compensation and rewards programs support the overall goals of attracting, retaining, motivating, and engaging the talent necessary for business success. It also provides practical and concrete strategies for implementing these ideals into a modern organization. <p>Readers will learn about market pricing and competition for prizewinning talent, how to link pay to performance with merit pay, issues surrounding executive compensation disclosures, how to compensate sales staff, how to reskill your workforce through continuous development, and the changing face of employee well-being. <p>Perfect for anyone with an interest in human resources, <i>The WorldatWork Handbook of Total Rewards </i>will also earn a place in the libraries of managers, executives, business owners, and leaders who hope to motivate their followers and employees to contribute to a thriving and energetic organization. <p><b>WorldatWork </b>is the leading global nonprofit organization for professionals who are engaged in the critically important practice of Total Rewards. It serves those who are responsible for cultivating inspired, engaged, productive, and committed workers in effective and rewarding workplaces. It guides them in the design and delivery of Total Rewards programs with education and certification, idea exchange, thought leadership, knowledge creation, information sharing, research, advocacy, and networking.

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