Compensation for Teams

Released on by Steven E. Gross
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  • Compensation for Teams Book Detail

  • Author : Steven E. Gross
  • Release Date : 1995-01
  • Publisher : AMACOM/American Management Association
  • Genre : Business & Economics
  • Pages : 259
  • ISBN 13 : 9780814402993
  • File Size : 89,89 MB
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Compensation for Teams by Steven E. Gross PDF Summary

Book Description: By following the proven 13-step process detailed in this book, you'll learn how to create different pay strategies for the three main team types in use today: parallel teams, process teams, and project- or time-based teams; determine base pay for team members; align the key components of additional compensation for teams: increases in base pay (merit raises), recognition awards (both cash and noncash), and incentive compensation; win "buy-in" by allaying members' fears and helping them accept risk; identify the 21 competencies vital to team success and develop a competency model specific to your organization's needs and culture; adapt existing appraisal systems to measure team performance; and combine these elements into a "compensation architecture" that is flexible, yet solid and enduring

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