Strategic Compensation: A Human Resource Management Approach, 11th edition

Published by Pearson (April 25, 2024) © 2025

  • Joseph J. Martocchio University of Illinois at Urbana-Champaign

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ISBN-13: 9780138183738 (2024 update)

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ISBN-13: 9780138183738 (2024 update)

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Purchasing Instructions

This form contains two groups of radio buttons, one for Exam Pack purchasing options, and one for standard purchasing options. Only one option can be chosen for purchase. Any option that is selected will deselect any previously selected purchase option.

eTextbook access on Pearson+

ISBN-13: 9780138183738 (2024 update)

Unlock extra study tools for other course help

eTextbook access + Study & Exam Prep monthly subscription on Pearson+

ISBN-13: 9780138183738 (2024 update)

In this eTextbook — More ways to learn

  • More support. Get AI help with personalized summaries, instant explanations, and quick translations.
  • More flexible. Start learning right away, on any device.
  • More interactive. Learn through audio, video, and practice.
  • More memorable. Study better with notes, highlights, and flashcards.
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Title overview

Strategic Compensation demonstrates the art and science of compensation practice and its role in a company's competitive advantage. It focuses on compensation context, criteria, design and challenges along with employee benefits at home and around the world. Through targeted activities and supporting course material, you'll build a solid foundation in the subject.

The 11th Edition features evolving compensation practices, statistics and business professionals' perspectives. You'll gain the knowledge and skills needed to become a successful compensation professional in the field.

Table of contents

PART 1: SETTING THE STAGE FOR STRATEGIC COMPENSATION

  1. Strategic Compensation: A Component of Human Resource Systems
  2. Contextual Influences on Compensation Practice

PART 2: BASES FOR PAY

  1. Traditional Bases for Pay: Seniority and Merit
  2. Incentive Pay
  3. Person-Focused Pay

PART 3: DESIGNING COMPENSATION SYSTEMS

  1. Building Internally Consistent Compensation Systems
  2. Building Market-Competitive Compensation Systems
  3. Building Pay Structures that Recognize Employee Contributions

PART 4: EMPLOYEE BENEFITS

  1. Discretionary Benefits
  2. Legally Required Benefits

PART 5: CONTEMPORARY STRATEGIC COMPENSATION CHALLENGES

  1. Compensating Executives
  2. Contingent Workers, Remote Work and Flexible Work Schedule Arrangements

PART 6: COMPENSATION ISSUES AROUND THE WORLD

  1. Compensating Expatriates
  2. Pay and Benefits outside the United States

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