Book Review

Title: Compensation Handbook: A State-of-the-Art Guide to Compensation Strategy and Design

Editors: Lance and Dorothy Berger

Published by: McGraw-Hill; New York

Published: 2000

Fourth Edition

646 pages: includes bibliographic references and index

 

Reviewed by: James F. Kisela

 

Overview

"Twenty-seven years ago, Milton L. Rock realized the need of compensation professionals to have an authoritative, practical, comprehensive reference book that would provide an all-inclusive guide for the establishing and maintaining an effective wage and salary program for every employee over the vast range of industries. Milt assembled a corporate and academic advisory board to develop the format for this groundbreaking venture. The winning formula they created has brought the original Handbook of Wage and Salary Administration through two previous revisions to this fourth edition. All four editions provide timely and useful codified compensation methodologies and conceptual frameworks presented by recognized experts. Although the world has undergone enormous technological changes, companies have appeared or disappeared, companies have merged or downsized, job markets have evolved or dissolved, and workforce issues have increasingly come to includd work environment, learning opportunities, and work-life benefits, the original hankdbllk format remains a viable means for covering all compensation issues

Thanks to the efforts of 56 compensation specialists, the fourth edition addresses current and future compensation issues with a similar hankds-on, how-to-approach that was developed for the initial book. Chapters on computer technology, work-life issues, and global compensation have been added to address emerging themes. Many of the original chapter headings, although the chapters were revised to reflect changing conditions, are pertinent today.

We dedicate the fourth edition of The Compensation Handbook with appreciation and affection to Milton L. Rock, business guru and visionary."

Dorothy R. Berger

Lance A. Berger

(Preface, page ix)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

Review

Review

 

 


 

Contents

Preface  
Part 1 Introduction  
Part 2 Base Compensation  
Part 3 Variable Compensation  
Part 4 Executive Compensation  
Part 5 Performance and Compensation  
Part 6 Corporate Culture and Compensation  
Part 7 International Compensation  
Index