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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. Table of ContentsMACROECONOMIC COMPENSATION CONCEPTS Compensation in a Knowledge-Based Global EconomyThe Reward System: Compensation and Non compensation DimensionsThe World of Pay and CompensationOrganizational Structure: Strategic and Tactical Compensation IssuesLegislation and Compensation MICROECONOMIC COMPENSATION CONCEPTSJob Analysis Job DescriptionJob EvaluationA Point-Factor Method of Job EvaluationSurveying Market Pay and Compensation PracticesDesigning a Base Pay StructureTeam-Based Pay in a Knowledge-Based World MICRO- AND MACROECONOMIC COMPENSATION CONCEPTS Measuring and Paying for PerformanceShort-Term IncentivesLong-Term Incentives and WealthBuildingExecutive and International CompensationBenefits and ServicesPay Delivery Administration