Featuring chapters individually written by major UK academics and consultants - specialists in the reward management field - this unique text is the first to adopt a critical and theoretical approach to changes in reward systems. It is equipped to cover both the Institute of Personnel and Development's reward syllabus as well as offering a less prescriptive alternative to current texts for HR practitioners, and MBA students. This book covers * new areas such as the national minimum wage and requirements for minimum paid holiday * reviews of relevant academic literature within the field * the national minimum wage * grading systems and equal value * financial participation schemes * international reward management. Containing examples and case studies to illustrate key points, this book is essential contemporary reading.