With the recession of 2001-2002 and the dramatic bankruptcies of ENRON and other large corporations, the need to return to BASICS in Human Resources Administration is more critical than ever. 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 INDICE I. MACROECONOMICS COMPENSATION CONCEPTS. 1. Compensation in a Knowledge-Based World. 2. The Reward System: Compensation and Noncompensation. 3. The World of Pay and Compensation. 4. Organizational Structure: Strategic and Tactical Compensation Issues. 5. Legislation and Compensation. II. MICROECONOMIC COMPENSATION CONCEPTS. 6. Job Analysis. 7. Job Description. 8. Job Evaluation. 9. A Point-Factor Method of Job Evaluation. 10. Surveying Market Pay and Compensation Practices. 11. Designing a Base Pay Structure. 12. Team-Based Pay in a Knowledge-Based World. III. MICRO-MACROECONOMIC COMPENSATION CONCEPTS. 13. Measuring and Paying for Performance. 14. Short-Term Incentives. 15. Long-Term Incentives and Wealth Building. 16. Executive and International Compensation. 17. Benefits and Services. 18. Pay Delivery Administration.