Download A Handbook of Employee Reward Management and Practice by Armstrong M. PDF

By Armstrong M.

A definitive textual content, this instruction manual presents information at the a number of methods you can still use in constructing and handling present options, regulations, and procedures. This moment variation has been thoroughly up-to-date to symbolize the most recent considering and perform on present administration. It accommodates new study, new case stories, and new chapters on engagement and dedication, bonus schemes, worthwhile wisdom employees, and the accountability for present.

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Mark Thompson at Oxford University writes that, ‘Managing reward is often a job of short-term damage limitation, not the strategic lever for change that appears so seductive in the writing of American commentators’ [13]. The dream of all-powerful strategic reward, of the Tom Cruise Top Gun style reward managers described by Schuster and Zingheim [8] has been subjected to a reality check. Armstrong and Brown (14) have suggested the following approach to reward strategy, which more realistically fits the UK scene.

4. Appreciation. Lands’ End favours the term ‘appreciation’ over ‘recognition’, since it thinks the latter suggests something tangible. It prefers to look for any and every opportunity to demonstrate its real appreciation of what staff do. The company tries to show its appreciation by promoting six dimensions of employee wellbeing: 44 The fundamentals of reward management – physical; – emotional; – intellectual; – social; – spiritual; – occupational. 5. Make work challenging and fun. Where jobs are repetitive or less challenging, it is particularly important to provide some challenge and fun.

5. Make work challenging and fun. Where jobs are repetitive or less challenging, it is particularly important to provide some challenge and fun. Lands’ End believes that, if it isn’t possible to give people a choice as to the type of work they do, they can be given a choice as to how they do it. 6. Leader relations. For Lands’ End the quality of the relationship between manager and employee is the biggest motivational factor at work, and has more influence on job satisfaction than anything else.

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