Best Books on Compensation & Benefits in 2022
A good compensation strategy can offer organizations a sustainable competitive advantage and, so, Compensation & Benefits (C&B) professionals play an extremely vital role. In this article, we look at the books that help C&B professional stay on top of their game.
5 Must-Read Books on Compensation & Benefits
If you work in the field of Human Resources and are designing the Compensation & Benefits strategy of your organization, these hand-picked recommendations of books should definitely be part of your reading list.
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Compensation
- Barry Gerhart, Jerry Newman
This is the market-leading textbook in the area of Compensation. The authors discuss major compensation issues in the context of current theory, research, and real-business practices. The book continues to emphasize the importance of total compensation and its relevance for achieving sustainable competitive advantage.
Compensating the Sales Force: A Practical Guide to Designing Winning Sales Reward Programs
- David Cichelli
Compensating the Sales Force has helped thousands of business leaders worldwide create sales compensation programs that drive sales performance, increase revenue, and trigger business growth. Sales guru David Cichelli provides everything you need to build an incentive plan that delivers real financial results. He takes you step-by-step through the process of setting target pay, selecting the right performance measures, and establishing quotas.
Strategic Compensation: A Human Resource Management Approach
- Joseph J. Martocchio
This book demonstrates the art and science of compensation practice and its role in a company’s competitive advantage. The book focuses on the context of compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, the challenges of compensating key strategic employee groups, and pay and benefits around the world, preparing readers to assume the roles of successful compensation professionals.
The Compensation Handbook: A State-of-the-Art Guide to Compensation Strategy and Design
- Lance Berger, Dorothy Berger
The Compensation Handbook has been a mainstay on the desks of human resources and compensation professionals for more than forty years. The book enables compensation and human resources practitioners to: Provide a road map for creating a fully defined compensation strategy; Design and implement an approach for attracting and retaining talent that will remain relevant; Present programs that allow for the seamless alignment of historic best practices with the latest tools in compensation.
Compensation Management in a Knowledge-Based World
- Richard Henderson
As the leading text in its field Compensation Management offers a practical exploration of the systems, methods, and procedures involved in establishing and administering a compensation system within any organization.