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Compensation

by George T. Milkovich, Jerry M. Newman

ISBN-10: 9780256259650
ISBN-10: 0-256-25965-8
ISBN-13: 9780256259650
ISBN-13: 978-0-256-25965-0
Hardcover
1998-09-23
Irwin/McGraw-Hill


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Editorials


Product Description
The text examines the strategic choices in managing compensation. A human resource model introduced in chapter one, serves as an integrating framework throughout the book. The authors discuss compensation issues in the context of current theory, research and practice. The practices of a wide variety of employers illustrate new developments as well as established approaches to compensation decisions. Many debates surround the various approaches to compensation. Milkovich/Newman strive to differentiate between beliefs and facts, and opinions from scholarly research. As the #1 text in the market, Compensation, offers instructor's up-to-date research material, in depth discussion of topics, integration of Internet coverage, a modern design and excellent pedagogy. George Milkovich and Jerry Newman, viewed as leading researchers and "authorities" in the field of Human Resource Management/Compensation, write in an engaging style that students will enjoy.

Reviews


"Compensation" provides a good framework
"Compensation" provides clear direction in understanding management and implementation of compensation strategies for Human Resources. It provides a good overview intoducing the reader to terminology and frameworks that assist in designing a plan, compliance with laws and regulations and integrating your plan with the business's goals. It was very helpful in providing a framework to write my papers and complete my MBA.

Uber Xena
This Uber Xena story is full of lively characters that jump right off the page. You won't be able to put this novel down.

I don't normally write reviews
I don't normally write reviews, but this text warrants praise. Not only was it a pleasure to read, but the arguments and background studies substantiating the arguments were well-referenced. The authors have done their homework. I would seriously recommend anyone affiliated with salary and benefits options and proposals to take the time to reacquaint themselves with the text and re-examine company compensation options. To the authors: Thank you for your efforts. Good work.

DON'T WASTE YOUR MONEY
This is one of the worst books I have ever bought. I had to buy it for a college course and I am furious that my teacher used this one. It is totally unprofessional and too general. Not only myself but others have complained about the boringness and also but find it completely useless.
It reads like a high school essay project with unnecessary sarcasims, endless repetition and examples that are really very weak and inept in the explanations.
If you are seriously considering pursuing an interest in compensation and benefits, do not use this book.
Teachers: don't put any other students through the aggrivation and insult. We are professionals looking to advance our careers not waste what little time we already don't have.
It infuriates me that I had to pay so much for a book that isn't worth $13.00 never mind $103.00

A First-Rate Text That Challenges As Well As Informs
Milkovich and Newman's text is sets the standard for Compensation and Human Resources texts,period. From its strategic decisions framework it clearly illustrates that compensation policy can be a key to unlocking an organization's capabilities (and the ever elusive sustainable competitive advantage).

The strength of the book is that it extracts and builds on key research findings in a way that advances the body of compensation knowledge (in a way pleasing to academics) and is relevant to practitioners. Chapter 2 on Strategic Perspectives and Chapters 9 & 10 on Pay for Performance best exemplify the confluence of research relevance and tactical usefulness.

It is absolutely a must read for anyone who is a student of organizations or who attempts to manage one (not just compensation managers).



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