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Strategic Compensation in Canada, 6th Edition

By Richard Long, Parbudyal Singh
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Soft Cover
ISBN-10: 0176657169
ISBN-13: 9780176657161
Publisher: Top Hat
Edition: 6th

Strategic Compensation in Canada is part of the market-leading Nelson Series in Human Resources Management. In this sixth edition, we welcome Dr. Parbudyal Singh onto the project, who brings a wealth of experience and knowledge, while maintaining the foundation built by the late Dr. Richard Long. Recognizing that no single compensation systems fits all organizations, the authors provide a systematic framework for identifying and designing a compensation system that will add value to an organization and meet their overall goals. While other resources focus on the behavioural principles in compensation or the technical details of compensation, Strategic Compensation in Canada goes beyond and includes a balanced, comprehensive, and integrated presentation of strategic, behavioural, and technical principles. Our inclusion of the strategic aspects, along with the behavioral and technical, provides students with a fulsome approach, ensuring a better understanding of all aspects when creating effective compensation systems.

Features

  • *NEW* Opening vignettes: Each vignette tells a story of an actual company facing a compensation challenge relevant to the material presented in that chapter. There are 6 new opening vignettes
  • *NEW* Compensation Today: Examples are drawn from current events and relate to the material presented in that chapter. Twelve are new in this edition.
  • *NEW* Eleven new discussion questions and 5 new exercise are included.
  • *NEW* The resource can be further enhanced by using Strategic Compensation: A Simulation. This online tool provides students with the opportunity to design an entire compensation system. It was designed by Richard Long and Henry Ravichander, and it aligns directly with the text.
  • The content of the product is based on a foundation of scientific research, informed by relevant theoretical principles and verified by actual organizational experiences.
  • Compensation Notebook: Key points in the chapter are highlighted to help keep students focused.

Table of Contents

  • About the Series
  • About the Authors
  • Preface
  • Acknowledgments
  • Part One ? Strategy, Rewards, and Behaviour
  • Chapter 1: A Road Map to Effective Compensation
  • Chapter 2: A Strategic Framework for Compensation
  • Chapter 3: A Behavioural Framework for Compensation
  • Part Two ? Formulating Reward and Compensation Strategy
  • Chapter 4: Components of Compensation Strategy
  • Chapter 5: Performance Pay Choices
  • Chapter 6: Formulating the Reward and Compensation Strategy
  • Part Three ? Determining Compensation Values
  • Chapter 7: Evaluating Jobs: The Job Evaluation Process
  • Chapter 8: Evaluating Jobs: The Point Method of Job Evaluation
  • Chapter 9: Evaluating the Market
  • Chapter 10: Evaluating Individuals
  • Part Four ? Designing Performance Pay and Indirect Pay Plans
  • Chapter 11: Designing Performance Pay Plans
  • Chapter 12: Designing Indirect Pay Plans
  • Part Five ? Implementing, Managing, Evaluating, and Adapting the Compensation System
  • Chapter 13: Activating and Maintaining an Effective Compensation System
  • Appendix: Cases for Analysis
  • Glossary
  • Index

Author Information

Richard Long

Richard J. Long is Professor of Human Resource Management at the College of Commerce of the University of Saskatchewan. He earned B.Com. and MBA degrees from the University of Alberta, and a Ph.D from Cornell University in New York. Dr. Long has been teaching, conducting research, and consulting in human resources management for more than 30 years, and has produced more than 90 publications based on his research and experience. He is currently on the editorial boards of The International Journal of Human Resource Management and Relations Industrielles/Industrial Relations.

Parbudyal Singh

Parbudyal Singh is Full Professor and the Director of the School of Human Resource Management at York University. Prior to this, he was the Director of the Association to Advance Collegiate Schools of Business and Associate Dean of the School of Business, University of New Haven, Connecticut. He also taught at McMaster University. His Ph.D. studies, completed in 1998 at McMaster University, focused on the effects of organizational strategy on executive compensation. Dr. Singh has won numerous scholastic awards and national research grants. Among other awards, at York University he won the Atkinson Alumni Teaching Award (2005), the Dean's Award for Excellence in Research (2005), and the Dean's Award for Excellence in Teaching (2007). He has supervised more than 35 graduate students (Ph.D. and Master's). Dr. Singh's research covers a broad array of management issues, especially those related to the effects of the changing business environment on HRM and industrial relations. He has more than 80 publications, including articles in top refereed journals such as Industrial Relations, British Journal of Industrial Relations, Human Resource Management, Human Resource Management Review, Journal of Labor Research, Management International Review, International Journal of Human Resource Management, Journal of Vocational Behavior, Comparative Labor Law Journal, Canadian Public Administration, Group and Organization Management, and Canadian Labour and Employment Law Journal. He serves on the editorial boards of several journals. Dr. Singh has worked as an HR manager in a large manufacturing company. He has offered advice to more than 30 of Canada's leading organizations.