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Rewarding Excellence: Pay Strategies for the New Economy
Contributor(s): Lawler, Edward E. (Author)

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ISBN: 0787950742     ISBN-13: 9780787950743
Publisher: Jossey-Bass
OUR PRICE: $49.40  

Binding Type: Hardcover - See All Available Formats & Editions
Published: December 1999
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Annotation: In the new economy, human capital, perhaps more than any other asset, is an organization's chief source of competitive advantage. And if your company wants to attract, retain, and motivate the kind of people it needs to hold that advantage, it needs to develop a reward system that recognizes their market value and rewards them for developing their knowledge and skills. It needs a system that encourages high performance as it rewards excellence.
In this book, acclaimed management expert Edward E. Lawler III identifies a variety of reward system practices that support the high-performance organization model. He shows how the development of core competencies and organizational capabilities is enhanced once a company learns how to pay people instead of jobs. He also details new methods for measuring and rewarding performance and for determining how much of an individual's pay should be based on performance.
You'll get useful advice on how you should conduct performance appraisals and how you can structure a pay system that suits your organization and serves its strategic goals. You'll benefit from Lawler's practical discussions and guidelines regarding the appropriateness of such practices as team-based pay, 360-degree performance appraisals, stock options, incentive pay, and skill-based pay. Moreover, you'll learn how to design a reward system that attracts excellent employees, inspires excellent performance, and makes for a stronger, more profitable enterprise.
More than just a book about paying individuals, Rewarding Excellence is a blueprint for designing and managing pay systems that create excellent organizations. It's about gaining competitive advantage by maximizing thepotential of human capital. And so, ultimately, it's about the future effectiveness of your enterprise.

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Additional Information
BISAC Categories:
- Business & Economics | Human Resources & Personnel Management
- Business & Economics | Entrepreneurship
Dewey: 658.322
LCCN: 99047329
Series: Jossey-Bass Business & Management
Physical Information: 1.03" H x 6.25" W x 9.23" L (1.28 lbs) 352 pages
Features: Bibliography, Illustrated, Index
Review Citations: Reference and Research Bk News 02/01/2001 pg. 94
 
Descriptions, Reviews, Etc.
Publisher Description:
Ein führender Experte auf dem Gebiet der Mitarbeiterentlohnung erläutert in diesem Band, wie man attraktive Entlohnungssysteme einführt, um einerseits Spitzenleute zu gewinnen und andererseits Mitarbeiter zu Bestleistungen anzuspornen. Im heutigen hart umkämpften Markt ist dies die Grundvoraussetzung für dauerhaften Unternehmenserfolg, denn das Wissen und die Fähigkeiten der Mitarbeiter sind wesentlicher Bestandteil des Unternehmenswertes. Lawler schlägt vor, starre, traditionelle Gehaltsstrukturen aufzugeben, weil diese nicht in der Lage sind, zwischen den besten und nur durchschnittlichen Mitarbeitern zu unterscheiden. Statt dessen müssen moderne Unternehmen lernen, kreative und flexible Entlohnungsformen entwickeln, um gute, hochqualifizierte Mitarbeiter an sich zu binden.
 
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