Wage and salary administration : total compensation systems / J. D. Dunn

Includes index.

Introduction and theoretical framework -- Compensation fundamentals -- Compensation theories -- Wage theories -- Motivation to work theory -- A synthesis of compensation theory -- Job design and analysis -- Objectives and policies -- Job design -- Job analysis -- Worker trait requirements -- Compensation practices and programs -- Job evaluation -- Wage surveys -- Wage criteria -- Pricing the job structure -- Incentive wage systems -- Profit sharing -- Selected supplementary (fringe) benefits -- Designing a compensation package -- Clerical professional, and managerial compensation programs -- Compensation design for clerical, professional, and managerial employees -- International compensation -- Total compensation systems -- Compensation analysis and control -- Total compensation systems design and collective bargaining -- A look to the future.

Compensation is a reward for services rendered. The subject of this book is the compensation of people at work. Its scope is broad in that it covers both the subject of compensation fundamentals and the subject of compensation policies, practices, and programs. The rewards package offered by organizations is a mix of extrinsic and intrinsic rewards. Extrinsic rewards are those controlled by the organization (i.e., wages, salaries, pensions, promotions, praise, and employee achievements). Intrinsic rewards are those an employee gives to himself for good performance.' The most important of these is the satisfaction that comes from the feeling of having accomplished something worthwhile.