Building Pay Structures: How-To Series for the HR Professional

With the world becoming a smaller place every day, the labor market for many organizations is now a global labor market. In this latest edition of a WorldatWork classic How-To book, authors Dan Purushotham and Stephanie Wilson have updated their content to reflect the global implications and considerations when building pay structures. The authors also discuss designing effective pay structures, the distinction between pure market-priced pay structures and market-based pay structures. Readers will learn to design and implement pay structures that support their companies' business strategies while balancing internal equity against external competitiveness.