Compensation (5th Canadian Edition)
Compensation, authored by George T. Milkovich and Jerry M. Newman, explores the critical strategic choices involved in managing employee pay. Built on the premise that pay is a fundamental driver of organizational success, this edition examines how compensation strategies are shaped by economic shifts and global trends. The text focuses on distinguishing empirical facts from common beliefs and research-backed results from mere opinions, framing compensation management as both a science and an art.
The core of the book is structured around a total compensation model introduced in the first chapter, which serves as an integrating framework for the entire text. It addresses major compensation issues within the context of contemporary theory, research, and professional practices. This specialized Canadian edition ensures that Canadian laws, policies, and procedures are seamlessly incorporated throughout, providing relevant local examples and data for students and professionals alike.
Book Metadata & Details
- Title: Compensation (5th Canadian Edition)
- Author: George T. Milkovich, Jerry M. Newman
- Publisher: Richard D Irwin
- Publication Date: January 1, 1993
- Language: English
- Print Length: 636 pages
- ISBN-10: 256105278
- ISBN-13: 978-0256105278
- Dimensions: 7.76 x 1.26 x 9.76 inches