Product Description

As the leading book in its field, Compensation Management offers a practical exploration of the systems, methods, and procedures involved in establishing and administering a compensation system within any organization. In-depth explanations of the procedures involved in establishing and administering a compensation system including, analyzing work requirements and designing a job, determining job worth, establishing job rates of pay, the elements of a total compensation package, and the importance of labor costs in a modern economy. For compensation managers, HR professionals, and others who want to know about the aspects of establishing and administering a compensation system.

Product Details

• Amazon Sales Rank: #596364 in Books
• Published on: 2002-11-26
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 688 pages

From the Publisher
This text offers a practical exploration of the systems, methods, and procedures involved in establishing and administering a compensation system within any organization.

From the Back Cover
As the leading book in its field, Compensation Management offers a practical exploration of the systems, methods, and procedures involved in establishing and administering a compensation system within any organization. In-depth explanations of the procedures involved in establishing and administering a compensation system including, analyzing work requirements and designing a job, determining job worth, establishing job rates of pay, the elements of a total compensation package, and the importance of labor costs in a modern economy. For compensation managers, HR professionals, and others who want to know about the aspects of establishing and administering a compensation system.

Customer Reviews

Terrible, from a student perspective.
I thought this class would be one of my favorites, but the textbook saw to it that it would not live up to this expectation. The book is technical and boring. There isn't any anecdotal information (which I find very helpful for moving a student through the chapters). I don't know if there is a better choice out there, but if there is, teachers should make it.

Outdated but - As Yet, Nothing Better
I assign this as one of two textbooks in teaching Compensation Administration in graduate school.

While it has undergone 9 revisions, the attempts to update it to today's compensation world are not adequate. Far too little is here concerning internet usage, for example.

But perhaps its greatest shortcoming is in its glancing treatment of group incentive plans as a key means to unlock workforce potential. It is a glaring and unforgivable gap.

If anybody out there knows of a better fundamental compensation textbook, I'd love to hear about it.

Best of the textbooks
Compared to the other major textbooks out there, especially
the better reviewed book by "M" this is by far the more useful.
When I need to find something practical, like the Federal Evaluation System for example, or Multiple Linear Regression as a job evaluation tool, 95% of the time it is in Henderson and it is very well documented. Both these topics are barely touched on in the other major texts which I also own.
From a guy with a Ph.D. and 30 years of paying my bills with
comp information, give me Henderson any day.