Compensation Handbook

How well do you understand the basics of compensation?

2010 Edition

What is the difference between compensation and total rewards?
How do variable pay programmes vary?
How much do employees value incentives and rewards?
Which employees are usually eligible for long-term incentives?
What factors influence salary structures?

Table of Contents

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Compensation decisions are no longer made only by experts. As even smaller businesses become more global in scope and talent becomes scarcer in some locations, managers at every level must understand the many interrelated elements of compensation. Today's organisational roles require everyone to understand business needs clearly and to speak the language of pay fluently. For employers, the challenge lies in balancing market forces and optimising internal budgets to attract and retain top talent.

For their compensation strategy to be successful, companies must consider many factors, including prioritising talent and differentiating employee performance and rewards. Mercer's newest publication, our 2010 Compensation Handbook, is a basic reference guide that covers:

Compensation components and pay structures
Incentivising and rewarding employees
Types of incentives, allowances and equity plans
Compensation planning, budgeting and benchmarking

This handbook – an excellent one-volume primer for both employers and employees; presents the major elements of compensation clearly and simply.

Pricing Options

Price	USD 940 / EUR 700 / CAD 960 / AUD 1,030 / NZD 1,305
Number of pages: 117

Note: In Australia and Canada, your purchase confirmation will show the estimated converted price in local currency; however, you may be invoiced at the converted local price at the time of purchase. Swiss companies will be invoiced in CHF based on the exchange rate at the time of purchase.