The Compensation Solution: How to Develop an Employee-Driven Rewards System

Rating:
Summary: Feast for Thought
Review: If you are interested in thinking about compensation of employees as a means for improving employee satisfaction with the company with their jobs and as a means of contributing to employee productivity, I think you will find this a very useful book. Mr. Tropman helps make explicity all the implicit components of employee compensation. There are many aspects to the employer - employee relationship that are either valued or borne by each side of the relationship.

Mr. Tropman shows how thinking clearly about what he calls indirect pay, works pay, and perks pay can help employers and employees fit the job better and fit the total compensation value better to the employee. In this way both sides better understand the ways they are each gaining benefits and bearing costs through the work being done by a given employee.

It never claims to be a one size fits all panacea. Rather, it is a helpful model that aids clearer thinking and discussion.