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Best of Variable Pay

The Best of Variable Pay
Incentives, Recognition and Rewards


This resource publication features article reprints from WorldatWork's respected publications — workspan magazine and WorldatWork Journal. It offers readers numerous resources on a variety of topics relating to variable pay. It is broken down into four sections: Strategies for Maximizing the Total Rewards Package, Approaches to Rewarding and Recognizing Employees (financial and non-financial), Approaches to Rewarding Teams and Reward Strategies: A Global Perspective. Selected references will lead you to other WorldatWork and non-WorldatWork resources on this topic.

Publisher: WorldatWork (2000)
Pages: 194
Cover: Soft
ISBN: 1579630928

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Section 1 - Strategies for Maximizing the Total Rewards Package 6

Beyond Face Value -- Painting the Total Rewards Portrait 8
WorldatWork Journal, 1st Quarter 2001

It's All About People 15
Workspan, Aug 2000

Designing a Total Rewards Program to Retain Critical Talent in the New Millenium 17
ACA News, February 1999

Comparing Alternative Base Pay Methods: Which One Meets Your Organization's Needs? 21
ACA News, June 1999, Volume 42, Number 6

Driving Performance Through Pay: A Roadmap for Selecting the Right Reward Program 26
ACA Journal, Second Quarter 1999, Volume 8, Number 2

The Phenomenon of Total Rewards 38
ACA Journal Autumn 1998

Reward Strategy: Time to Rethink the Methods and the Messages 51
ACA Journal, Summer 1998

Texins Recognition Program: Innovation in Total Compensation 60
ACA Journal, Winter 1998

The Three Rs of Organizational Performance: Reinforcement, Recognition and Rewards 64
ACA Journal, Summer 1997

Section 2 - Approaches to Rewarding and Recognizing Employees 74

PBE Plans More Flavorful Than Vanilla Equity 75
workspan, January 2001

Compensation Strategy -- A Guide for Senior Managers 77
ACA Journal, First Quarter 2000

Unleashing Trapped Value with Business Unit Incentive Plans 88
ACA Journal, 1st Quarter 1999

The Value of Financial Incentives: Myths and Empirical Realities 98
ACA Journal, Autumn 1998

Back to Basics: Why a Non-Profit Agency Abandoned Incentives 107
ACA News, January 1998

Rediscovering Commission Motivation 110
ACA Journal, 2nd Quarter 1999

Creating A Variable Pay Plan for a Sales Staff 116
ACA News, Nov/Dec 1997

Praising Up: Effective Recognition Moves in Two Directions 119
ACA News, April 1999

Rewarding through Recognition: Learning from the Military 122
ACA News, October 1998

Non-Cash Rewards and Incentives: Secret Weapons in the High-Tech Worker Staffing Wars 126
ACA Journal, Winter 1998

Section 3 - Approaches to Rewarding Teams 130

Combining Rewards Elements to Create the Right Team Chemistry 131
Workspan, Nov/Dec 2000

Recognizing and Rewarding Team Performance at Motorola 136
ACA News, February 1997

Best Practices for Small-Team Pay 140
ACA Journal, Spring 1997, Volume 6, Number 1

Factors Related to the Successful Implementation of Team-Based Rewards 150
ACA Journal, Winter 1997, Volume 6, Number 4

Making Group Incentive Plans Work 163
WorldatWork Journal Volume 9 Number 3 Third Quarter 2000

Section 4 - Reward Strategies: A Global Perspective 170

The Third Way: The Future of Pay and Rewards Strategies in Europe 171
WorldatWork Journal 2nd Quarter 2000

Of the Employees, By the Employees, For the Employees: Developing a Global Ownership Mentality 182
ACA News, May 2000

How Companies are Turning to Incentives in Asia 186
ACA News, Nov/Dec 1999

Virtually Speaking: The Virtual Workplace in Today's Business 190
workspan, September 2000, Volume 43, Number 9

Section 5 - Selected References 193


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