Compensation and Benefits Practices in Selected Asian Countries


Compensation and Benefits Practices in Selected Asian Countries


Author: Hesan Ahmed Quazi
Publisher: McGraw-Hill Education (Asia) Format: pbk, 132 pages
ISBN: 0071241639 Copyright: 2004
 
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The book has been organized into eight chapters with major emphasis on Singapore and People's Republic of China (PRC). The book starts with an introduction discussing the importance of compensation and benefits in attracting, motivating and retaining knowledge workers. It also discusses the findings of a study that was conducted in Singapore on strategies for attracting, motivating and retaining knowledge workers.

Chapter one starts with a review of the development of wage policy in Singapore. It also highlights the role of the National Trade Unions Congress (NTUC) and the Singapore National Employers' Federation in the functioning of the National Wages Council (NWC). Chapter two reports information on the "Total Rewards" structure as practiced in Singapore. This chapter also discusses the evolving trends of some of the components of Compensation and Benefits in Singapore. Chapter three retraces the historical development of the present day compensation and benefits practices in PRC. Chapter four presents a set of comparative facts and figures for a few selected regional countries. Chapter five presents a list of newspaper articles relating to various issues of compensation and benefits esp. the cases of SIA and PSI. Chapter six features the summarized version of a study on "Globalisation and Localisation of Compensation Strategy of Multinational Companies (MNCs) and Regional Headquarters (RHQs)" operating in Singapore. Chapter seven presents the output of a study on the compensation and benefits related issues of contract employment in Singapore. Finally, Chapter eight presents a case study focusing on issues like organization and compensation strategies and employee turnover.

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