Reward Management is a practical guide to understanding and implementing effective reward strategies. It offers a complete overview of the field and how to align reward management approaches with the HR and broader organizational objectives. Tailored to the needs of professionals, it combines practical tools, scenarios and case studies to cover key areas including pay grades and structure, job evaluation, pay reviews, bonus plans, non-cash reward, benefits, tax issues and much more. It provides the knowledge and skills needed to plan, implement and assess an effective reward strategy.
This new edition of Reward Management has been updated with current trends and approaches to reward management. These include the role of the reward professional, how wellbeing is being used as part of the reward approach, discussion on social recognition, gamification and how best to make an impact. New case studies include insight from McDonald's and KPMG, whilst supporting online resources offer downloadable templates and tools to be used in practice.
The HR Fundamentals series is endorsed by the Chartered Institute of Personnel and Development (CIPD), the UK professional body for HR and people development with over 145,000 members worldwide. This series of succinct, practical and straightforward guides supports those in the early stages of HR.