Todd M. Manas - Creating a Total Rewards Strategy: A Toolkit for Designing Business-Based Plans
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- Book:Creating a Total Rewards Strategy: A Toolkit for Designing Business-Based Plans
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Cover
| title | : | Creating a Total Rewards Strategy : A Toolkit for Designing Business-based Plans |
| author | : | Manas, Todd M.; Graham, Michael Dennis |
| publisher | : | AMACOM Books |
| isbn10 | asin | : | 0814407226 |
| print isbn13 | : | 9780814407226 |
| ebook isbn13 | : | 9780814427002 |
| language | : | English |
| subject | Incentive awards, Performance awards. | |
| publication date | : | 2003 |
| lcc | : | HF5549.5.I5M273 2003eb |
| ddc | : | 658.3/142 |
| subject | : | Incentive awards, Performance awards. |
Page i
Creating a Total Rewards Strategy
Page ii
This page intentionally left blank.
Page iii
A T OOLKIT FOR D ESIGNING
B USINESS -B ASED P LANS
Todd M. Manas and
Michael Dennis Graham
Page iv
Special discounts on bulk quantities of AMACOM books are available to corporations, professional associations, and other organizations. For details, contact Special Sales Department, AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019. |
This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
Library of Congress Cataloging-in-Publication Data
Manas, Todd M., 1959
Creating a total rewards strategy : a toolkit for designing
business-based plans / Todd M. Manas, Michael Dennis Graham.
p. cm.
Includes bibliographical references and index.
ISBN 0-8144-0722-6
1. Incentive awards. 2. Performance awards. I. Graham,
Michael Dennis, 1952 II. Title.
HF5549.5.I5 M273 2002
658.3'142dc21
2002007991
2003 Todd M. Manas and Michael Dennis Graham
All rights reserved.
Printed in the United States of America.
Although this publication is subject to copyright, permission is granted free of charge to use and print pages from the enclosed CD-ROM. Only the original purchaser may make copies. Under no circumstances is permission granted to sell or distribute on a commercial basis material reproduced from this publication.
Except as provided above, this publication may not be reproduced, stored in a retrieval system, or transmitted in whole or in part, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019.
Printing number
10 9 8 7 6 5 4 3 2 1
Page v
To my wife, Fran, and my girls, Lillian and Sydney.
The true rewards of my world.TMM
To Elizabeth, Rivendale, family, friends, clients, and associates.
All my learnings are from you.MDG
Page vi
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Page vii
List of Figures | xiii |
Preface | xvii |
Acknowledgments | xxix |
Chapter 1: Defining Total Rewards and a Rewards Strategy | |
Total Rewards | |
Noncash Rewards | |
Total Rewards Strategy and Its Context | |
The Total Rewards Strategy Development Process | |
Turnover and Employee Motivation Issues | |
Chapter 2: Planning the Total Rewards Development Process | |
Total Rewards Strategy Process Owners | |
Reward Plan Development Business Case | |
Issue Resolution (Why) | |
Objective (What) | |
Diagnosis (Where) | |
Timing (When) | |
Involvement (Who) | |
Project Scope (How) | |
Cost/Benefit Modeling (How Much) | |
Gap Analysis | |
Composition of the Project Team | |
Project Planning | |
The Transfer of Know-How | |
Chapter 3: Developing an Understanding of the Organization | |
Defining What's Critical | |
External Environment |
Page viii
Key Stakeholders | |
Vision, Mission, and Values | |
Business Strategy | |
Organization Capabilities | |
The Balanced Scorecard as a Framework for Valuing Organization Capabilities | |
People Strategy | |
Organizational Structure | |
Management Processes | |
Organizational Culture | |
People Strategy Critical Success Factors | |
Conclusion | |
Chapter 4: Creating LinkageTranslating the Dimensions of Business into a Total Rewards Strategy | |
Key Stakeholder Considerations in the External Environment | |
TRS Considerations and Vision, Mission, and Values | |
Key Messages | |
Money | |
Mix | |
TRS Considerations and General Business Strategy | |
Key Messages | |
Money | |
Mix | |
TRS Considerations and Organization Capabilities | |
Value Chain StrategyBased TRS Considerations | |
Examples of VCS-Based Strategies | |
TRS Considerations and Specific Business Strategy | |
Examples of SBS | |
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