New handbook on communicating compensation programmes

REWARD MANAGEMENT

Effectively communicating the features and goals of your pay programmes to employees is a much-overlooked cornerstone of good reward management. Sadly, organisations generally tend to give their employees too little information about reward practices that apply to them. Now, perhaps, you can eliminate the hours that you spend writing — and rewriting — documents with a new handbook from Watson Wyatt Data Services in the US.

What you will find in this handbook

The 506-page handbook is available in a printed format plus a word-processed CD. The CD enables you to simply cut and paste relevant text, minimising the time it takes to create new documents.

Drawn from the files of leading Watson Wyatt clients, this detailed reference provides 26 complete examples of actual compensation communication manuals, including:

overall compensation philosophies
salary structures, grades and ranges
broadband salary structures
short-term incentives, such as annual bonus and spot awards
long-term incentives, such as ESOPs
merit, cost-of-living, promotional and step increases
performance management programmes and their relationship to base pay and incentives.

A programme summary page opens each exhibit, specifying

the contributor’ s industry
the intended recipients of the communication
a list of topics covered in the communication.

Want to know more?

Title: Exhibit Book of Compensation Communication Handbooks, Watson Wyatt Data Services.

Availability: To order or for more information, call Watson Wyatt Data Services in the US, tel: 001 201 843 1177 and ask for customer service.

Watson Wyatt Data Services is a leading provider of global compensation, benefits, and employment practices information. A subsidiary of Watson Wyatt Worldwide, it specialises in the design and development of both US and international compensation and benefit surveys.

For more details visit . . .

www.wwdssurveys.com

Posted 15 April 2002