Strategic Compensation: A Human Resource Management Approach, Global Edition eBook, 8th Edition

Joseph J. Martocchio

Strategic Compensation: A Human Resource Management Approach, Global Edition eBook, 8th Edition

By Joseph J. Martocchio
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Joseph J. Martocchio
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For graduate and undergraduate courses in compensation, staffing, and human resources.

Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company’s competitive advantage.



  • Cover topics based on your semester schedule: A flexible format. This text contains sixteen chapters, which can be tailored to suit a ten- or fifteen-week schedule. These chapters are also broken down into six parts to help further segment the material into a typical semester timeframe:
  • Part I: Setting the Stage for Strategic Compensation
  • Part II: Bases for Pay
  • Part III: Designing Compensation Systems
  • Part IV: Employee Benefits
  • Part V: Contemporary Strategic Compensation Challenges
  • Part VI: Compensation Issues Around the World

Real-world topics that are relevant to all business majors: Numerous cases and interesting, engaging material will apply and appeal to all business students regardless of their major.

  • Compensation in Action. A Compensation in Action section  at the end of every chapter provides an insider's perspective on compensation management. This feature provides clear and functional information that illustrates how line managers, employees, and compensation professionals interact to put compensation concepts into practice.
  • Brief end-of-chapter cases. Real-world compensation issues are highlighted in this text’s short end-of-chapter cases. These cases are accompanied by questions to facilitate class discussion, and can be used as homework assignments.
  • Material that’s accessible to majors and non-majors. Virtually ever manager will be involved in making compensation decisions, which is why this text is relevant to human resource management majors, as well as accounting, finance, management, international management, marketing, and organisational behavior majors. Even practitioners starting to work in compensation or current professionals will find Strategic Compensation a useful reference.
Table of contents
  • Part I: Setting the Stage for Strategic Compensation 
  • Chapter 1: Strategic Compensation
  • Chapter 2: Contextual Influences on Compensation Practice 
  • Part II: Bases for Pay 
  • Chapter 3: Traditional Bases for Pay
  • Chapter 4: Incentive Pay 
  • Chapter 5: Person-Focused Pay 
  • Part III: Designing Compensation Systems 
  • Chapter 6: Building Internally Consistent Compensation Systems 
  • Chapter 7: Building Market-Competitive Compensation Systems 
  • Chapter 8: Building Pay Structures that Recognize Employee Contributions 
  • Part IV: Employee Benefits 
  • Chapter 9: Discretionary Benefits 
  • Chapter 10: Employer-Sponsored Retirement Plans and Health Insurance Programs 
  • Chapter 11: Legally Required Benefits 
  • Part V: Contemporary Strategic Compensation Challenges  
  • Chapter 12: Compensating Executives 
  • Chapter 13: Compensating the Flexible Workforce
  • Part VI: Compensation Issues Around the World 
  • Chapter 14: Compensating Expatriates 
  • Chapter 15: Pay and Benefits outside the United States 
  • Epilogue:
  • Chapter 16: Challenges Facing Compensation Professionals