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Evidence Based Reward Management: Creating Measurable Business Impact from Your Pay and Reward Practices

Price : $29.75
ISBN # : 9780749456566
Author : Michael Armstrong, Duncan Brown & Peter Reilly
pages: 262
Edition : Hardcover
Volumes : 1
Publisher : Kogan Page
Published : 2012

Evidence-based Reward Management is the management of reward systems based on fact rather than opinion, on understanding rather than assumptions, on grounded theory rather than dogma. It makes use of the extensive research conducted over the last 50 years into how reward systems work in organizations and what can be done to improve them. It provides HR professionals with the means of measuring exactly how the reward and pay of employees contribute directly to the performance of organizations. The authors present a compelling argument for its use and practical and informed guidance on its implementation. The book presents an analysis of the current failure of organizations to assess the effectiveness of pay and reward practices. It considers the reasons for this and outlines the damaging consequences of it. By examining recent developments in human capital information and measurement it looks at how HR can construct effective reward for improved performance, both for the individual and organization.
The authors present the tools and techniques that can be applied to practice evidence based reward management, including a model which sets strategic goals, reviews current policies, looks at how to pilot and make changes and improvements and explains how to monitor and adapt on an ongoing basis.
Fully illustrated with case studies including McDonald s, Standard Chartered Bank, and KPMG, Evidence-based Reward Management will help HR professionals to assess and communicate the effectiveness of reward in a meaningful and informed way.

Author Bio: Michael Armstrong is Joint Managing Partner of e-reward and former Chief Examiner of the Chartered Institute of Personnel and Development (CIPD). His books have sold over 5oo,ooo copies worldwide and are translated into over 20 languages. Among them are Armstrong s Handbook of Human Resource Management, Armstrong s Handbook of Reward Management Practice, Armstrong s Handbook of Performance Management, Armstrong s Handbook of Management and Leadership and, with Duncan Brown, Strategic Reward (all published by Kogan Page).
Duncan Brown is Director of Reward Services at the Institute for Employment Studies. He has more than 20 years experience in reward consulting and research with firms including Price water house Coopers and Towers Perrin. He also spent five years as Assistant Director General at the Chartered Institute of Personnel and Development (CIPD). Duncan is a well-known author and speaker on reward issues and advises and sits on a number of remuneration committees in public, private and voluntary sectors. Duncan has an MA from Cambridge University, an MBA from the London Business School and is a Chartered Fellow of the CI PD.
Peter Reilly is the Director of Research and Consultancy at the Institute for Employment Studies. He joined IES in 1995 after a 16 year career with Shell where he held both generalist and specialist HR posts in the United Kingdom and abroad. At IES he undertakes a range of reward projects and is a regular speaker and commentator on this subject.

This book was added to South Asia bookstore on Wednesday 07 November, 2012.
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