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The worldatwork handbook of total rewards: a comprehensive guide to compensation, benefits, HR and employee engagement

Contributor(s): Material type: TextTextPublication details: John Wiley & Sons, Inc. New Jersey 2021Edition: 2ndDescription: xxvi, 388 pISBN:
  • 9781119682448
Subject(s): DDC classification:
  • 658.32 CAF
Summary: 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 WorldatWork Handbook 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. The WorldatWork Handbook of Total Rewards 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. 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. Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs. Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era. Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty. 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, The WorldatWork Handbook of Total Rewards, Second Edition is the key to designing programs and practices that ensure employee engagement and organizational success.
List(s) this item appears in: HR & OB | Public Policy & General Management
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Item type Current library Collection Call number Copy number Status Date due Barcode
Book Book Indian Institute of Management LRC General Stacks Human Resource and Organization Behvaiour 658.32 CAF (Browse shelf(Opens below)) 1 Available 002727

TABLE OF CONTENTS
Acknowledgments vii

Foreword: Finding Our Way Forward xi

Introduction: 4IR: It’s the End of Work as We Know It (and the Rewards Are Fine) xvii

1. The Power of Total Rewards 1

2. Everything You Want to Know about Compensation (but Were Afraid to Ask) 24

3. Market Pricing and the Battle for Prize-Winning Talent 67

4. Linking Pay to Performance via Merit Pay 86

5. Executive Pay Disclosures, Trends, and Challenges 115

6. Sales Compensation Essentials 138

7. The Changing Face of Employee Well-Being 170

8. Benefits Basics 196

9. How to Reskill Your Workforce through Continuous Development 239

10. How to Recognize and Reward Your Top-Performing Employees (with Cash Bonuses and Praise) 256

11. The Cornerstone of a Global Employee Engagement Strategy 272

12. Corporate Accountability in a Diverse and Inclusive World 292

13. Pay Equity and Rewards Fairness 314

14. Contingent Workers and the New Talent Value Proposition 331

15. The Present and Future of Work: Digital Disruption, Automation, and Reskilling 346

References by Chapter 365

Index 373

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 WorldatWork Handbook 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.

The WorldatWork Handbook of Total Rewards 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.

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.
Understand why the Millennial and Gen Z workforce requires a different value proposition, and how to meet their needs.
Discover the tools and techniques you need to help you reskill and become a highly valued workforce contributor and leader in the digital era.
Learn how to attract, retain, and engage talent by building a healthy workplace culture and employing unique incentives that drive high performance and loyalty.
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, The WorldatWork Handbook of Total Rewards, Second Edition is the key to designing programs and practices that ensure employee engagement and organizational success.

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