Selected Product: | Strategic Compensation (5th Edition) Hardcover Edition: 5 Author: Joe Martocchio Publisher: Prentice Hall Release Date: 2008-03-21 ISBN-10: 0136007449 ISBN-13: 9780136007449 List Price: $180.00 Average Customer Rating: | | Employment Law for Business (Irwin/McGraw-Hill Legal Studies in Business Series) ISBN-10: 0073028959 ISBN-13: 9780073028958 List Price:$152.50 Labor Relations and Collective Bargaining: Cases, Practice, and Law (8th Edition) ISBN-10: 0131868721 ISBN-13: 9780131868724 List Price:$173.33 Staffing Organizations ISBN-10: 0073530271 ISBN-13: 9780073530277 List Price:$137.40 Employee Training & Development ISBN-10: 007340490X ISBN-13: 9780073404905 List Price:$109.57 Building Strategic Compensation Systems, Student Manual for Strategic Compensation ISBN-10: 0131878336 ISBN-13: 9780131878334 List Price:$46.67 |
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Martocchio’s book distinctly identifies employees as key elements of strategic compensation programs. In this edition, the authors examine compensation practice, the criteria used to compensate employees, compensation system design issues, employee benefits, challenges of compensating key strategic employee groups, and pay and benefits around the world. This text is most suited for the HR professional interested in knowledge of the art and science of compensation practice and its role in promoting companies’ competitive advantage. Strategic Compensation | Customer Rating: | | I received the book in time stated which is 10-14 days and it was in the condition stated. | Addition to the Edition | Customer Rating: | I assign this textbook to my graduate compensation students. It is better than the well-worn and in-need-of-being updated Henderson textbook. I like the "strategic" focus of this book, but the consistency of applying the "Low Cost Competitive/Differentiation" paradigm breaks down in a few of the chapters. That said, it is clearer, more concise, and more relevant than Henderson.
However, what's up with the "new edition every month"* situation? This new edition costs substantially more than the one before (which was already very expensive).
If there are any compensation teachers out there, please be considerate of your students and allow them to buy and use the 4th edition. It is available to them for considerably lesser cost...
And, most importantly, the actual value of the changes to this book, between editions 4 and 5, is pretty questionable. Some graphs and tables are different, but not a whole lot else.
Finally, I still use Jerry McAdams' "The Reward Plan Advantage" to address many, many issues (including business strategy issues) which are overlooked in this text. While there is a chapter on incentives in Martocchio, the topic receives nowhere near the comprehensive treatment we get from McAdams.
And one student told me she got McAdams for $0.75. If delivering value to our students is what it is all about...what an ROI!!
* This was only intended as a figure of speech. It has actually been revised only twice in the last five years. | Great book for compensation managers | Customer Rating: | I bought this book as part of a course, am reading it. The text is good for ppl new to this field of compensation and one easily gets the hang of things. The book was much cheaper than if I bought it from the regular store, and it was in great shape, no highlights, no lines, as promised by the seller.
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