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Strategic Compensation cover

Strategic Compensation

A Human Resource Management Approach

by Joseph J. Martocchio

10th Edition

Publisher: Pearson

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Book Details

Print ISBN9780135192146
eText ISBN9780135175910
PublisherPearson
Publishing Year2020
Edition10th Edition
LanguageEnglish

Strategic Compensation: A Human Resource Management Approach, 10th Edition, by Joseph J. Martocchio, examines compensation practice and its role in establishing competitive advantage. The textbook introduces the fundamental context, criteria, and design considerations shaping organizational compensation.

Key areas of study include traditional and modern bases for pay, the structure of employee benefit programs, and the challenges of managing global and contingent workforces. The text explores how compensation systems operate domestically and internationally to address diverse staffing models.

Through focused activities and supporting course material, the volume helps students develop practical skills and foundational knowledge to prepare for careers as compensation professionals.

Table of Contents

  1. Chapter 1: Strategic Compensation: A Component of Human Resource Systems

  2. Chapter 2: Contextual Influences on Compensation Practice

  3. Chapter 3: Traditional Bases for Pay: Seniority and Merit

  4. Chapter 4: Incentive Pay

  5. Chapter 5: Person-Focused Pay

  6. Chapter 6: Building Internally Consistent Compensation Systems

  7. Chapter 7: Building Market-Competitive Compensation Systems

  8. Chapter 8: Building Pay Structures that Recognize Employee Contributions

  9. Chapter 9: Discretionary Benefits

  10. Chapter 10: Legally Required Benefits

  11. Chapter 11: Compensating Executives

  12. Chapter 12: Compensating the Flexible Workforce: Contingent Employees and Flexible Work Schedules

  13. Chapter 13: Compensating Expatriates

  14. Chapter 14: Pay and Benefits outside the United States

  15. Chapter Epilogue: Challenges Facing Compensation Professionals

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