Examines the strategic choices in managing total compensation. This book discusses major compensation issues in the context of theory, research, and business practices. It tries to differentiate between beliefs and opinions from facts and scholarly research. It offers developments in compensation practices and approaches to compensation decisions.

Chapter 1 -- The Pay Model Chapter 2 -- Strategic Perspectives Part 1 -- Internal Alignment: Determining the Structure Chapter 3 -- Defining Internal Alignment Chapter 4 -- Job Analysis Chapter 5 -- Evaluating Work: Job Evaluation Chapter 6 -- Person-Based Structures Part 2 -- External Competitiveness: Determining the Pay Level Chapter 7 -- Defining Competitiveness Chapter 8 -- Designing Pay Levels, Mix, and Pay Structures Part 3 -- Employee Contributions: Determine Individual Pay Chapter 9 -- Pay for Performance: The Evidence Chapter 10 -- Pay for Performance Plans Chapter 11 -- Performance Appraisals Part 4 -- Employee Benefits Chapter 12 -- The Benefits Determination Process Chapter 13 -- Benefit Options Part 5 -- Extending the System Chapter 14 -- Compensation of Special Groups Chapter 15 -- Union Role in Wage and Salary Administration Chapter 16 -- International Pay Systems Part 6 -- Managing the System Chapter 17 -- Government and Legal Issues in Compensation Chapter 18 -- Budgets and Administration