Description
Book SynopsisMichael Armstrong is the UK's bestselling author of HRM books including
Armstrong's Handbook of Human Resource Management Practice. Based in London, UK, he is a former Chief Examiner of the Chartered Institute of Personnel and Development (CIPD).
Duncan Brown is an independent rewards adviser and researcher. He has more than 30 years' experience with employers including IES, Aon Hewitt, PwC and Willis Towers Watson. He also spent five years as Assistant Director General and head of research and policy at the CIPD.
Trade Review"That book has been my bible. This book is the Reward go-to reference point for academics and practitioners alike; the launch pad for a thousand reward schemes, research projects and student dissertations. I have drawn on it to teach Strategic Reward to Masters and MBA students. From two renowned experts in the field this latest edition has been substantially updated to cover contemporary topics. It's the only Reward book you will need." * Carol Woodhams, Professor of HRM, Surrey Business School and HR Magazine’s Most Influential HR Thinker of 2023 *
"This 7th edition of
Armstrong's Handbook of Reward Management Practice is a must read for all compensation, benefits and rewards professionals and students. In addition to case studies and top-notch figures and tables peppered throughout, the authors include practical implications and a list of handy references at the end of every chapter. My hardcopy is always close at hand." * Dr. Phil Bryant, Editor-in-Chief, Compensation & Benefits Review and Associate Professor, Columbus State University *
"Comprehensive, insightful and engaging - a must have for all Reward practitioners." * Nishant Mahajan, Senior Principal, Mercer *
"An excellent reward handbook for our times. Loved the practical implications sections. A must read for these unprecedented and challenging times for those seeking fair and equitable reward management practices." * Fiona Evans FCIPD, Director of People and Culture, RSPCA *
"An astonishingly comprehensive guide that locates reward in its changing context and restores its key role in the achievement of social equality and dignity at work. This handbook is essential for HR practitioners, for students and teachers of management in its widest sense but also for all involved in setting pay in the public and private sectors." * Professor Sian Moore (FHEA), Fellow of the Academy of Social Sciences, Director, Public Services International Research Unit (PSIRU) and Co-Director, Centre for Research on Employment and Work (CREW) *
"
Armstrong's Handbook of Reward Management Practice is a must-read for all HR and Reward practitioners and the go-to for all things reward. It not only provides the research, principles and psychology of reward but how to make it work in practice too. It's comprehensive and up to date to ensure your reward practices are robust and relevant as well as being accessible and practical too. It's rooted in data and evidence and offers practical application." * Martyn Dicker, Director of People at UNICEF UK *
"This is an extraordinarily comprehensive book on reward. It reflects the need to have a helicopter approach - sweeping across broad framing environmental themes down to details such as how to design job family structures. A must for any reward professional." * Michael Rose, Reward strategy adviser, Speaker and Author *
"Pulling together every reward theory and principle, while contextualizing for a post-Brexit, post-Pandemic, cost-of-living workplace,
Armstrong and
Brown once again deliver the practical 'industry bible' every reward professional needs." * Debi O'Donovan, Co-founder & Director, Reward & Employee Benefits Association *
"
Armstrong and
Brown provide a deep and updated outlook into reward management prompting us to step back and challenge our practices while mastering the integration of team engagement and ESG considerations into the modern HR landscape." * Laetitia Brun, Chief Human Resources Officer, Getlink Group *
"I am pleased to wholeheartedly endorse this reward management handbook, which stands as an indispensable resource for anyone seeking a comprehensive understanding of this crucial field. With its well-structured content and contemporary insights, the book skilfully navigates the intricate landscape of reward management. The authors have masterfully blended academic rigor with practical relevance, providing readers with a balanced and up-to-date perspective on the subject. As an academic in human resource management, I found the book to be a valuable guide that offers not only a solid theoretical foundation but also actionable strategies that can be applied in real-world contexts. Whether you are a student, a professional in the field, or anyone interested in optimising employee motivation and performance, this textbook is a must-read. Its insightful analysis and practical applications make it an indispensable companion that will undoubtedly contribute to enhancing your knowledge and expertise in reward management." * Jean Qi Wei, Senior lecturer in HRM, Kingston University, Business School *
Table of Contents
- Chapter - 00: Introduction;
- Section - ONE: Fundamentals of reward management;
- Chapter - 01: Reward management – An overview;
- Chapter - 02: Strategic reward;
- Chapter - 03: Total reward;
- Section - TWO: Aspects of reward management;
- Chapter - 04: Factors affecting reward;
- Chapter - 05: Financial rewards;
- Chapter - 06: Non-financial rewards;
- Chapter - 07: Motivation and reward;
- Chapter - 08: Engagement and reward;
- Chapter - 09: Performance and reward;
- Chapter - 10: Financial well-being;
- Chapter - 11: The gender pay gap;
- Chapter - 12: The ethical approach to reward and performance management;
- Section - Section THREE: Base pay management;
- Chapter - 13: Job evaluation;
- Chapter - 14: Market pricing;
- Chapter - 15: Grade and pay structures;
- Section - FOUR: Rewarding and recognizing performance;
- Chapter - 16: Pay progression through contingent pay;
- Chapter - 17: Bonus schemes;
- Chapter - 18: Team pay;
- Chapter - 19: Rewarding for business performance;
- Chapter - 20: Recognition;
- Section - FIVE: Rewarding special groups;
- Chapter - 21: Rewarding chief executives;
- Chapter - 22: Rewarding sales and customer service staff;
- Chapter - 23: Rewarding knowledge workers;
- Chapter - 24: Rewarding manual workers;
- Chapter - 25: International reward;
- Section - SIX: Employee benefits;
- Chapter - 26: Employee pensions and benefits;
- Chapter - 27: Flexible benefits;
- Section - SEVEN: The practice of reward management;
- Chapter - 28: Evidence-based reward management;
- Chapter - 29: Managing reward systems;
- Chapter - 30: Managing reward risk;
- Chapter - 31: Responsibility for reward;
- Chapter - 32: Reward management developments in the UK
