A Handbook of Employee Reward Management and Practice

part 1 the fundamentals of reward management 1 reward management: an overview reward management defined; the aims of reward management; achieving the aims; the reward system; elements of a reward system; factors affecting reward management policy and practice; the development of reward management; references 2 the context of reward management the internal environment; the external environment; impact of the environment; references 3 total reward total reward defined; the significance of total reward; benefits of total reward; model of total reward; relational rewards; developing a total reward approach; approaches to total reward; conclusion; references 4 strategic reward strategic reward management defined; the rationale for strategic reward; guiding principles; the concept of reward strategy; references 5 developing and implementing reward strategy general considerations; the reward strategy development sequence; implementation; references 6 reward policies the purpose of reward policies; reward policy headings; level of rewards; developing reward policies; examples of reward policies part 2 the conceptual framework 7 factors affecting levels of pay economic determinants of pay; factors affecting pay levels within organizations; the significance of the factors affecting pay levels; application of the factors; references 8 motivation and reward the process of motivation; motivation theories; motivation and financial incentives and rewards; factors affecting satisfaction with pay; motivation and job satisfaction and performance; the key messages of motivation theory; references 9 engagement and organizational commitment definitions; engagement; organizational commitment; references 10 the psychological contract the psychological contract defined; the significance of the psychological contract; developing and maintaining a positive psychological contract; references part 3 establishing job values and relativities 11 job evaluation

michael armstrong is a companion and former chief examiner (employee reward) for the chartered institute of personnel and development, and a fellow of the institute of management consultancy. he is the author of many best-selling titles published by kogan page.