Strategic Reward: Making it Happen

Front Cover
Kogan Page Publishers, 2006 - Business & Economics - 266 pages

Strategic reward is the process of deciding what route to take in developing appropriate reward arrangements and dealing with the issues which arise in making that journey.

Armstrong and Brown hold great faith in strategic reward and present here their 'new realism' philosophy on the subject. They base this new work on their twenty years' experience of advising on reward strategies. It examines the essence and context of strategic reward and considers the processes involved in developing and implementing reward strategies. It includes an overview of the risks and the opportunities in pursuing a reward strategy and demonstrates how critical it is to the dual agenda of successful organizational performance and the motivation and engagement of staff.

 

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Contents

Introduction
1
what it means
7
management 14 Reward philosophy and guiding principles
15
purpose and content
31
Strategic reward and performance
43
Engagement and organizational commitment strategies
53
The reward environment
73
Reward strategies in a knowledge economy
91
Developments in reward management
119
Developing and Implementing Reward Strategies
137
Implementing reward strategy
159
Role of the front line manager in managing reward
193
The strategic and multiple roles of the reward professional
207
from telling and selling to
229
Conclusions
251
Subject index
261

Reward strategies in a servicebased economy
105

Common terms and phrases

About the author (2006)

Michael Armstrong is a Fellow and former Chief Examiner (Employee Reward) of the Chartered Institute of Personnel and Development. He is joint managing partner of www.e-reward.co.uk and an independent management consultant with extensive experience in the aerospace and food industries. His internationally bestselling books include: A Handbook of Management and Leadership, A Handbook of Employee Reward Management and Practice, Reward Management, A Handbook of Human Resource Management Practice, Strategic Human Resource Management, Performance Management, A Handbook of Management Techniques and Job Evaluation.

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