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Strategic Compensation, 4/E
Joseph MartocchioUniversity of Illinois at Urbana-Champaign

ISBN-10: 0131868772
ISBN-13:  9780131868779

Publisher:  Prentice Hall
Copyright:  2006
Format:  Cloth; 528 pp
Published:  10/20/2005


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Description

This textbook is well suited to a variety of students, including undergraduate and master’s degree students studying compensation.

 

For all business majors, Martocchio provides a framework for understanding strategic compensation that can be used by all business professionals.


Features

  1. Is it important for your students to get in depth explanations of the important topics?

 

For example, see Chapter 8 for how to analyze and meaningfully interpret compensation survey data.  See Chapter 9 for how to establish merit pay increase grids under alternative realistic constraints (limited budgets, distribution of employee performance).  See Chapter 13 for explanations of why Executive Compensation is so high relative to nonexecutive employees.

 

 

  1. Do you have your students do simulations?

 

An experiential case simulation is available to adopters of the 4th edition titled Building Strategic Compensation Systems.  In a nutshell, Building Strategic Compensation Systems will allow students to work in small compensation consulting teams charged with the responsibility for developing a compensation plan for a company named e-sonic.  The project is divided into 4 sections, which correspond to fundamental goals of compensation practitioners as described in chapters in this textbook.  The case includes an instructor’s manual to help guide students and the author’s website (http://www.prenhall.com/martocchio) will contain sample student write-ups and resources to help the instructor avoid student recycling of answers from semester to semester.

 

 

  1. Do your students respond well to real world examples?

 

Boxed insert features in each chapter — “Flip Side of the Coin” and “Stretching the Dollar”.  All but one are new to this edition and are reprints from outstanding articles published by WorldatWork (formerly, the American Compensation Association).  These are practitioner-oriented articles that discuss challenges in contemporary compensation practice and enhance the textbook material (pg x).


New To This Edition

Q.     Do your students respond well to real world examples?

 

Boxed insert features in each chapter – “Flip Side of the Coin” and “Stretching the Dollar”.  All but one are new to this edition and are reprints from outstanding articles published by WorldatWork (formerly, the American Compensation Association).  These are practitioner-oriented articles that discuss challenges in contemporary compensation practice and enhance the textbook material (pg x).

 

 

 

  1. Is it important for the statistical information in the book to be up-to-date?

 

All of the information is up-to-date, including all of the statistical information.  Also, there are enhanced explanations if merit pay increase grids (Chapter 9) and analysis of compensation survey data (Chapter 8).

 

 


Table of Contents

Preface    xix

Part I:           Setting the Stage for Strategic Compensation    1

Chapter 1               Strategic Compensation: A Component of
Human Resource Systems    1

Chapter 2               Strategic Compensation in Action: Strategic
Analysis and Contextual Factors    33

Chapter 3               Contextual Influences on Compensation Practice    63

Part II:          Bases for Pay    93

Chapter 4               Traditional Bases for Pay: Seniority and Merit    93

Chapter 5               Incentive Pay    132

Chapter 6               Person-Focused Pay    167

Part III:         Designing Compensation Systems    193

Chapter 7               Building Internally Consistent Compensation Systems    193

Chapter 8               Building Market-Competitive Compensation Systems    234

Chapter 9               Building Pay Structures That Recognize
Individual Contributions    271

Part IV:         Employee Benefits    309

Chapter 10             Legally Required Benefits    309

Chapter 11             Discretionary Benefits    331

Part V:          Contemporary Strategic Compensation Challenges    372

Chapter 12             International Compensation    372

Chapter 13             Compensating Executives    409

Chapter 14             Compensating the Flexible Workforce:
Contingent Employees and Flexible Work Schedules    443

Glossary    474

Author Index    488

Subject Index    491

 


Next Edition(s)

  • Strategic Compensation: A Human Resource Management Approach, 7/E
    Martocchio
    ©2013  |  Prentice Hall  |  Cloth; 408 pp  |  Instock
    ISBN-10: 0132620758  |  ISBN-13: 9780132620758
    Brief Description  |  More Info

  • Strategic Compensation: A Human Resource Management Approach, 6/E
    Martocchio
    ©2011  |  Prentice Hall  |  Cloth; 432 pp  |  Instock
    ISBN-10: 0136106404  |  ISBN-13: 9780136106401
    Brief Description  |  More Info



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Author Bios

  • Ph.D. in Human Resource Management School of Labor and Industrial Relations, Michigan State University, 1989
  • Master of Labor and Industrial Relations, Michigan State University, 1986
  • Bachelor of Science in Organizational Behavior, Babson College, 1984

Research Interests

Martocchio's research interests focus on various human resource management issues, including employee training, compensation, and absenteeism. He is the author of numerous articles in such journals as Journal of Applied Psychology, Personnel Psychology, Academy of Management Journal, and the Industrial and Labor Relations Review. Martocchio received the Ernest J. McCormick Award for Distinguished Early Career Contributions from the Society for Industrial and Organizational Psychology. He also is a fellow of the Society as well as the American Psychological Association.

Martocchio is the editor of an annual research series titled Research in Personnel and Human Resources Management, published by Elsevier. The series publishes monograph length conceptual papers designed to promote theory and research on important substantive and methodological topics in the field of human resources management.

 

He is currently the Professional Development Workshop Chair of the Academy of Management Human Resource Division. He will assume additional leadership roles, culminating in the Chair of the HR Division.

 

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Websites and Online Courses

Companion Website for Strategic Compensation, 4/E
Martocchio
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0131868764  |  ISBN-13: 9780131868762

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Test Gen, 4/E
Martocchio
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0131868748  |  ISBN-13: 9780131868748

Show Downloadable Files
 | More Info

Companion Website for Strategic Compensation, 4/E
Martocchio
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0131868764  |  ISBN-13: 9780131868762

Show Downloadable Files
 | More Info

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Websites and online courses

Companion Website for Strategic Compensation, 4/E
Martocchio
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0131868764  |  ISBN-13: 9780131868762

Show Downloadable Files
 | More Info


For the Management Discipline

eHRM: An Internet Guide to Human Resource Management
Gowan
©2001  |  Prentice Hall  |  Paper; 49 pp  |  Instock
ISBN-10: 0130912832  |  ISBN-13: 9780130912831
More Info


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Websites and Online Courses

Companion Website for Strategic Compensation, 4/E
Martocchio
©2006  |  Prentice Hall  |  On-line Supplement  |  Live
ISBN-10: 0131868764  |  ISBN-13: 9780131868762

Show Downloadable Files
 | More Info

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