Best compensation and benefits books

  • What are the benefits of a good compensation plan?

    Compensation would include rewards when you offer monetary payment such as incentives, various bonuses and performance bonus.
    Organisations reward their staff when they attain the goals or targets that they have jointly set with the employees.
    Rewards can be non-monetary such as a paid vacation for two..

  • What are the benefits of a good compensation plan?

    Helps to increase the motivation of employees
    Appropriately compensated employees feels that they add value to the company.
    When employees feel appreciated, they feel good about coming in to work.
    Henceforth, the morale of all employees upsurges and people are encouraged to come to work with a good performance..

  • What is strategic compensation?

    Strategic compensation is a human resource management technique that helps companies manage the total employee compensation.
    It ensures growth, equity, and transparency while helping businesses save money, stay competitive, and boost overall performance..

  • What is the compensation and reward structure?

    Helps to increase the motivation of employees
    Appropriately compensated employees feels that they add value to the company.
    When employees feel appreciated, they feel good about coming in to work.
    Henceforth, the morale of all employees upsurges and people are encouraged to come to work with a good performance..

5 Must-Read Books on Compensation & Benefits
  • Compensation.
  • Compensating the Sales Force: A Practical Guide to Designing Winning Sales Reward Programs.
  • Strategic Compensation: A Human Resource Management Approach.
  • The Compensation Handbook: A State-of-the-Art Guide to Compensation Strategy and Design.
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  • book.
  • Compensation and Benefit Design: Applying Finance and Accounting Principles to Global Human Resource Management Systems.
  • The Definitive Guide to HR Communication: Engaging Employees in Benefits, Pay, and Performance.
  • The Enthusiastic Employee: How Companies Profit by Giving Workers What They Want.

How important is total compensation to achieving sustainable competitive advantage?

The book continues to emphasize the importance of total compensation and its relevance for achieving sustainable competitive advantage.
Compensating the Sales Force has helped thousands of business leaders worldwide create sales compensation programs that drive sales performance, increase revenue, and trigger business growth.

What is the purpose of the compensation and benefits book?

This book is packed with incredibly useful information and most importantly will help both the HR and Finance departments to better evaluate and analyze the compensation and benefits for their employees.

Should a book be part of your compensation & benefits strategy?

If you work in the field of Human Resources and are designing the Compensation & Benefits strategy of your organization, these hand-picked recommendations of books should definitely be part of your reading list

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