Innovative Reward Systems for the Changing Workplace, 2nd Edition

Book Description:

Innovative Reward Systems for the Changing Workplace explains the compensation and reward strategies successful companies use to focus, encourage, and achieve high performance.

Reward systems authority Thomas Wilson has made this updated edition much more "how-to" and covers important new pay strategies such as "flex compensation," stock options, 360 feedback, and employee ranking. The book includes dozens of creative suggestions and ideas for compensation strategies in any organization.

Summary: Incredible book for organizations facing change
Rating: 5

I have read and used the material of this book with a wide variety of organizations. I have found the information clear, very helpful, and most importantly, insightful. It provides both the basic concepts for what makes all forms of reward systems work, as well as how to link them to the strategic direction of a company. There are descriptions of all forms of compensation, recognition and management practices. If you are global company or just competing in local markets, you will find something useful in this book. Its the most complete resource book that we have found available in the market. Buy it, use it, and re-read it because there are more things than one can absorb in a single sitting.