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Personnel Economics for Managers By Edward P. Lazear

Personnel Economics for Managers

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This text uses economics to explore typical human resources topics. Accessible to all readers, an in-depth knowledge of economics is not required. It has been developed around the philosophy that the personnel system is an entire structure, with no department independent of the other.

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Personnel Economics for Managers Summary

Personnel Economics for Managers by Edward P. Lazear

How do you recruit the best employees? How does a firm go about downsizing? How important is money relative to other factors? How and when should evaluations be conducted? How should stock options be structured to maximize incentives? How are training and turnover linked? Should you reward good performance or penalize bad performance? In this new book, Personnel Economics for Managers, Professor Lazear answers these and many other personnel management questions. His unique approach, using economics to explore human resource topics, builds human resource systems as an entire structure with no one department independent of another. After reading this book, you will finally have a detailed analysis in a field that has traditionally lacked the resources to back up theories and statements.

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About Edward P. Lazear

Edward P. Lazear, senior fellow at the Hoover Institution of War, Revolution and Peace since 1985, is also the Jack Steele Parker Professor of Human Resources, Management and Economics at Stanford University's Graduate School of Business. Current and founding editor of the Journal of Labor Economics, and past president of the Society of Labor Economists, Professor Lazear is the visionary leader in the field of human resource management.

Table of Contents

Setting Hiring Standards. Hiring the Right People. Learning a Worker's Productivity. Variable Pay or Straight Salary?. The Theory of Human Captial. Turnover, Layoffs and Buyouts. Information, Signalling, and Raiding. Promotions as Motivators. Industrial Politics. Seniority-Based Incentive Schemes. Teams. More on the Employment Realtionship: Outsourcing, Contracts, Franchising, and More. Nonmonetary Compensation. Benefits. The Job: Tasks and Authority. Evaluation. Worker Empowerment. Glossary. Index.

Additional information

Personnel Economics for Managers by Edward P. Lazear
Edward P. Lazear
Used - Very Good
John Wiley and Sons Ltd
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.