In this work, acclaimed management expert Edward Lawler tells companies what they can do to meet today's "rewards systems challenge"--attracting and retaining talented employees in a market where the employees hold the upper hand. Here, Lawler outlines a creative compensation system that recognizes employee knowledge and skill as a critical aspect of an organization's net worth. In basing his system on the individual employee's value to the organization, Lawler introduces an approach to compensation that simultaneously motivates employees to higher levels of performance and increases shareholder value.
To read the introduction from this book, click here.
About the Author
EDWARD E. LAWLER is director of the Center for Effective Organizations at the University of Southern California and professor of management and organization in the USC Marshall School of Business. An internationally acclaimed scholar and author, Lawler has written or co-written thirty books, including From the Ground Up (1996) and Strategies for Creating High Performance Organizations-The CEO Report (1998), both from Jossey-Bass. Business Week has recognized him as one of the leading management experts in America.