Deciding how to reward staff effectively is one of the trickiest and most contentious areas in people management. Getting it right can help promote a motivated workforce, and significantly improve recruitment and retention. But how do you decide what pay scale is suitable for which job and how do you design reward packages which recognize contribution and encourage employees?
The Reward Management Toolkit provides practical, step-by-step guidance on designing and delivering rewards across organizations. The authors describe what each tool will achieve and provide guidance on when it is appropriate to implement it. Each tool is supported by questionnaires, checklists and opinion surveys that can be used as the basis for analysis, discussions in workshops, project teams and focus groups. These tools include: the design, development and implementation process, strategic reward, job evaluation, market rate analysis, benefits options, including flexible benefits and the management and evaluation of reward systems.
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Michael Armstrong is a former chief examiner of the Chartered Institute of Personnel and Development (CIPD), managing partner of e-reward and an independent management consultant. He has sold over 500,000 books on the subject of HRM (published by Kogan Page), including Armstrong's Handbook of Human Resource Management Practice, now in its 11th edition.
Ann Cummins is an independent adviser specializing in reward and performance management. She has previously co-authored two books with Michael Armstrong on job evaluation. Formerly a partner at international human resources consultancy Towers Perrin, she has consulted through her own company, Humanus, for the last 11 years.
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