Synopsis This book outlines a new way of looking at rewards--a holistic approach that uses measurement to determine what an organization actually values (in terms of skills, knowledge, experience, and behaviors). Further it analyzes the impact of the broad spectrum of reward programs (pay, benefits, and careers) on human capital and, in turn, on an organization's profitability.

It discusses variable pay programmes, competency models to employee reward, talent management for business optimization, compensation in not for profit organisations, designing the annual management incentive plan etc.