Contents roduction Partl Essentials of Reward Management ‘An Overview of Reward Management Introduction 6; Reward management defined 6; Characteristics of reward. ‘management 7; The reward management framework 9; Aims of reward management 9; Achieving the aims in general 11; Achieving the specific aims 14; Contextual factors 16; Fundamental concepts 195 Pay level concepts 22; Effective reward management 23; References 24 ‘The Reward System Introduction 27; How a reward system operates 27; Components of a reward system 28; Reward systems in action 35; References 38 Total Rewards Introduction 40; Total rewards defined 40; Underpinning concepts 41; The elements of total rewards 42; The significance of total rewards 43; Models of total rewards 44; Models of total rewards produced by other consultants 47; Introducing total rewards 49; Total rewards in practice $5; Conclusion 605 References 60 Strategic Reward Introduction 62; Strategic reward management defined 63; The rationale for strategic reward 63; The problem with the concept of strategic reward 64; Characteristics of strategic reward 65; Reward philosophy 65; Guiding principles 66; Reward strategy 72; Developing reward. strategy 79; Implementing reward strategy 84; References 85 26 39 ea