For firms, the salary issue is extremely important for their business operations and development. In order to investigate this issue and to expand the role of the salary system in business management, the book presents the Consensus Salary Model for modern enterprises and further explores its theoretical foundations, decisive mechanisms and features, and provides a basic framework for designing salary systems for modern enterprises.
A compensation package should be more than just the means to attract and retain talented executives. The right kind of plan can give your company a powerful strategic advantage. Consultants at Mercer Human Resource Consulting, Inc., one of the world's leading human resources consulting firms, provides tools and techniques to design and implement an effective compensation program that will improve a company's competitive edge. The book also shows how to understand shareholder expectations, government regulation, and other business and human resources issues.