The SZA Total Rewards Bulletin

January 2007

From the authors of the best sellers: Pay People Right! Breakthrough Rewards Strategies to Create Great Companies
and The New Pay: Linking Employee and Organizational Performance
 
and the new 2007 book High-Performance Pay: Fast Forward to Business Success:
Jay R. Schuster and Patricia K. Zingheim, Schuster-Zingheim and Associates, Inc. 

January 2007 Issue No. 3

Welcome to the January 2007 issue of The SZA Total Rewards Bulletin. This special issue is dedicated to our new book High-Performance Pay: Fast Forward to Business Success.

New SZA Book Now Available!

High-Performance Pay: Fast Forward to Business Success by Pat Zingheim and Jay Schuster is now available through WorldatWork for $24.95 USD (WorldatWork members: $19.95 USD); e-book $19.95 USD (WorldatWork members: $15.95 USD); Canada $29.00 CAD (WorldatWork members: $23.25 CAD).

Click here to purchase the book from WorldatWork.

Click here to purchase the book from Amazon.com.

This is the third in the series of books written by us. The first is The New Pay: Linking Employee and Organizational Performance (Jossey-Bass Publishers, 1992), and the second is Pay People Right! Breakthrough Reward Strategies to Create Great Companies (Jossey-Bass Publishers, 2000).

The New Pay is credited with starting the transformation to the expanded use of variable pay below the management level—some 80% of organizations now use some form of variable pay for non-management personnel. Pay People Right! was one of the first to pose a model for total rewards—total rewards has become the cornerstone of pay and rewards design since 2000. High-Performance Pay suggests the business case for the why and how of really paying for performance as a concrete and effective business strategy to create a performance culture and a high-performance organization.

Praise for High-Performance Pay

Here is what leading management thinkers say about High-Performance Pay:

Dave Ulrich, Professor, Ross School of Business, University of Michigan and Partner, The RBL Group says
High-Performance Pay is a thorough and thoughtful compilation of present and future total reward practices. Zingheim and Schuster offer both design principles and practical guides for action for the key challenges facing line executives and total reward professionals. Their insights will help keep super talent, build company brands, design and deliver both base salary and incentive programs, reward high performers, align competencies and skills to reward programs, meet unique needs of those working in contact centers and sales, and create performance-based executive compensation systems.  This compendium of practices illustrates how innovations in pay can sustain and drive business performance.” 

Edward E. Lawler III, Distinguished Professor of Business and Director, Center for Effective Organizations, University of Southern California and co-author of Built to Change and The New American Workplace says
“The development of a business strategy-driven reward system is critical in creating a high-performance organization. This means not just pay for performance, but the right kind of pay for performance. Pat and Jay’s book provides the latest and best information on achieving high performance through pay.”

James O’Toole, Research Professor, Center for Effective Organizations, University of Southern California, author of Creating the Good Life and co-author of The New American Workplace says
“Effective leadership requires making rewards count. High-Performance Pay is a leader’s primer on how to recognize and reward excellence—a key ingredient of organizational success.”

Dr. John W. Boudreau, Research Director, Center for Effective Organizations and Professor, Management and Organization, Marshall School of Business, University of Southern California and co-author of Beyond HR: The New Science of Human Capital says—
“Pat Zingheim and Jay Schuster show that pay systems must treat investments in total rewards like the vital business decisions they are, incorporating talent segmentation, logical decision principles and agility.”

Read more about High-Performance Pay...click here

Read the Foreword by Mike Davis of General Mills:
At many companies—and in many industries—total rewards systems are in trouble. They were built upon a series of premises that no longer hold true. The world of work is rapidly changing, but the designs of pay, benefit and total rewards systems are stuck in the mud...read more

Review the Table of Contents...click here

 

In this issue:

New SZA Book Now Available! Buy a copy from WorldatWork...click here

Buy a copy from Amazon.com...click here

Read more about High-Performance Pay: Fast Forward to Business Success...click here

 

Come see us!

Jay Schuster and Pat Zingheim

High-Performance Pay: Fast Forward to Business Success
Jay Schuster and Pat Zingheim
Wednesday, February 7, 2007
London, England
Speech at Networking Breakfast
CIPD Annual Reward Conference
Sponsored by: Chartered Institute of Personnel and Development (CIPD)

How Do You Really Pay for Performance?
Jay Schuster and Pat Zingheim
Wednesday, February 28, 2007, 9:15 – 10:30 am
Glendale, CA
Compensation and Benefits Conference
Sponsored by PIHRA and LACABA

How to Create High-Performance Pay
Jay Schuster and Pat Zingheim
Monday, March 12, 2007, 10:00 – 11:00 am PST (1:00 – 2:00 pm EST)
Webinar
Sponsored by HR.com

Real Pay for Performance: Integrating Total Rewards to Reward High Performance
Jay Schuster and Pat Zingheim
Monday, March 26, 2007
San Diego, CA
Innovative Compensation, Rewards & Recognition Program 2007
Sponsored by International Quality and Productivity Center (IQPC)

High-Performance Pay: Creating the “Best High-Performance Place to Work”
Jay Schuster and Pat Zingheim
Sunday, May 6, 2007, 1:00 – 2:15 pm
Orlando, FL
Total Rewards Annual Conference & Exhibition 2007
Sponsored by WorldatWork

Unless Performance Management Is Linked to Pay—Talent Management Are Just Two Empty Words
Jay Schuster and Pat Zingheim
Thursday, May 17, 9:00 am – 12:00 pm
San Diego, CA
Workshop
Sponsored by HR Strategy Forum, The California Affiliate of The Human Resource Planning Society (HRPS)

Strategizing Executive Compensation 
Jay Schuster and Pat Zingheim
Monday, June 18, 2007, 1:15 – 2:30 pm
San Diego, CA
Leadership Summit on Boardroom Complexities and Challenges
Sponsored by World Congress: Leadership for the Healthcare Industry

ABOUT US: Jay Schuster and Pat Zingheim are partners in Schuster-Zingheim and Associates, Inc., a globally recognized pay and rewards consulting firm located in Los Angeles and founded in 1985. They received the 2006 Keystone Award from WorldatWork, the Association’s highest honor, for their contributions to the total rewards profession’s body of knowledge. They consult with a wide range of companies throughout the world on the development of total rewards, incentives, base pay structures and increase methodologies, performance management, executive compensation, sales compensation, recognition, and other pay solutions. They are authors of a new book High-Performance Pay: Fast Forward to Business Success (WorldatWork, 2007), the best-selling rewards book Pay People Right! Breakthrough Reward Strategies to Create Great Companies (Jossey-Bass, 2000) and the all-time best-selling book on workforce pay, The New Pay: Linking Employee and Organizational Performance (Jossey-Bass Publishers, 1996). They are authors of numerous articles in business magazines on the subjects of rewards and organizational effectiveness. Both are contributors to publications such as Fortune, Across the Board, Wall Street Journal, Working Woman, and Business Week. They have appeared on many television, cable, and radio programs including CNBC, CNNfn, NBC, and CBS. They speak throughout the world to leadership audiences interested in creating a high-performance workplace through people. Pat and Jay were selected as pay and motivation gurus in The Guru Guide.  

Buy a copy of our best-selling pay book, Pay People Right! Breakthrough Reward Strategies to Create Great Companies
Click here

 


The SZA Total Rewards
Bulletin will be sent to you periodically--or you can read it on our website at www.schuster-zingheim.com or www.paypeopleright.com.

Tell your friends and colleagues about The SZA Total Rewards Bulletin. Forward this newsletter and tell them they can subscribe by visiting this link.

You are receiving this e-mail because you have subscribed to The SZA Total Rewards Bulletin. Our mailing list will be used only to send this newsletter to you periodically. It will not be shared with any other party. If after you receive the newsletter, you wish to unsubscribe, follow the link at the bottom of the newsletter email or send an e-mail to totalrewards@schuster-zingheim.com or contact Schuster-Zingheim and Associates, Inc. at (310) 471-4865.

Copyright 2007 Schuster-Zingheim and Associates, Inc.

 

SCHUSTER-ZINGHEIM

 and associates, inc.

1541 Bel Air Road, Los Angeles, California 90077-3021 USA  *  PHONE 310-471-4865  *  FAX 310-471-4859
E-MAIL: contact@schuster-zingheim.com  *  WEB SITE: www.schuster-zingheim.com or www.paypeopleright.com