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|  | |  | | | Effective Executive Compensation: Creating a Total Rewards Strategy for Executives | | | | | SKU:
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Usually ships in 1-2 business days | | Only 2 left in stock, order soon! | | | | | | When it comes to creating an executive compensation program, it can be hard to provide the company's leaders with the incentive they need to continue doing their best, without becoming too extravagant. This book gives readers the techniques and understanding they need to design a rewards strategy that will motivate performers while benefiting the entire organisation. Taking a careful look at the complicated state of executive rewards, this no-nonsense, practical guide provides readers with a complete methodology for motivating management to accomplish critical business goals. Instead of a 'one-size-fits-all' approach, the book uses case studies and examples to illustrate what factors should be considered - including corporate environment, key stakeholders, people and business strategy, and organizational capabilities - when designing a program that will benefit both their company, and the people who fuel its success. | | | |
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| | Product Details | | Author: | Michael Dennis Graham | | Hardcover: | 544 pages | | Publisher: | AMACOM | | Publication Date: | April 23, 2008 | | Language: | English | | ISBN: | 081441012X | | Product Length: | 9.07 inches | | Product Width: | 6.48 inches | | Product Height: | 1.75 inches | | Product Weight: | 2.03 pounds | | Package Length: | 9.2 inches | | Package Width: | 6.3 inches | | Package Height: | 1.9 inches | | Package Weight: | 1.9 pounds | | Average Customer Rating: |  based on 5 reviews |
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| | Customer Reviews | Average Customer Review: ( 5 customer reviews )
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2 of 2 found the following review helpful:
 A Fascinating and Informative Read Jan 13, 2010
By ktwitz
The recent economic failures and issues were caused in part by poor economic decisions. More specifically, the poor management and lack of judgement concerning executive reward programs played a major role. The book "Effective Executive Compensation:Creating a Total Reward Strategy for Executives" gives an exciting and informative description about how businesses truly should be run. It allows the reader to understand and gain knowledge on the proper way to deal with executive performance and manage executive compensation rewards. I recommend this book to anyone who is interested in business aspects or the recent economy. More specifically those looking for success in business management and or those who enjoy a remarkable read about smart business policies, would absolutely love the insight that this book has to offer. A fantastic addition to any business lovers bookshelf!
1 of 1 found the following review helpful:
Predicted the last one and could predict the next one Dec 28, 2009
By JoeAminaPops
In September of 2008 our economic world was turned upside down and few deny that inappropriate executive reward programs were a significant reason. Reward programs incented behavior and decision making that was too short sighted, too excessive, and too disconnected from business sanity. "Effective Executive Compensation: Creating a Total Reward Strategy for Executives" would be a very good book if it were written AFTER the September, 2008 events as it clearly explains what happens when you do it wrong, but it was written BEFORE, which makes it an EXCELLENT book. Get it right and your program can drive business success and get it wrong and your organization can do no better than a boat riding the waves without a motor. To me the key messages from this book are that these programs are complex because no two organizations are the same and therefore each organization should design it's own unique program. Probably the worst mistake would be to follow everyone else. The authors clearly get this and know how to explain it.
I'd say that this book works on two levels, one as an interesting read and two as a reference guide. And while is it described as a guide for executive reward it really can be used for all reward programs for all employees. Be prepared to hear things you never heard before and ignore them at your own risk.
1 of 1 found the following review helpful:
Powerful, flexible tool kit for aligning executive pay Jun 29, 2009
By Rolf Dobelli
"getAbstract"
Compensation can align the interests of a company's CEO with those of its shareholders. Michael Dennis Graham, Thomas A. Roth and Dawn Dugan show you how in their insightful book on effective executive pay, a package they call the "Total Reward Strategy." They explain how to use compensation to get great executive performance, instead of just handing out hefty paychecks and hoping for the best. They demonstrate how each piece of a pay package can focus top executives on the tasks that matter most. Consultants Graham and Roth tapped their considerable experience and expertise to produce a book that is not just a marketing piece. Because it combines readable writing (given the contribution of freelancer Dawn Dugan) with rigorous analysis, getAbstract recommends their book to all interested business readers as well as CEOs, directors, consultants and other professionals directly involved in executive compensation issues.
 Layman's Guide May 01, 2009
By Floccinaucinihilipilification
The highly colloquial style is inappropriate to the subject and mars the content. The bulk of the book is just a rehash of Graham's previous work*. There are a few new "GraHall" formulae introduced. They are interesting, but are not well explained and it seems are designed to draw consulting clients rather than enable independent consideration.
He bulk of the work is about broad-based compensation and not specific to executive compensation.
You would be better off reading Graham's previous work with Mannas "Creating a Total Reward Strategy"*
0 of 1 found the following review helpful:
A big book to help you think through all the ramifications of executive pay Dec 07, 2008
By Craig Matteson
This is a big book for a big topic. The three authors show you their total rewards strategy, which they claim will provide you with the power and flexibility to compensate your top executive(s) in ways that will align their interests to the company's interest. More, they also say that you will pay them what it takes to get the job done, but you won't overpay and distort their incentives.
You will not only have the obvious components of salary, bonus, and options, but think through what you need in the way of short, medium, and long term incentives. They also have a sensitive and sensible approach to perquisites, benefits, insurance, health care, and other topics that some would just put out of bounds in our current hostile mood towards rich executive pay packages.
Of course the authors also want to sell you consulting to help you implement their system properly.
Reviewed by Craig Matteson, Ann Arbor, MI
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