Suitable for the 'Employee Reward' module on the PDS qualification, as well as for Reward modules in a wider HR and business degree market, this text offers an analytical approach to the subject area. First the theory behind the concept is discussed, then the legal, employment relations and market context is given. Discussion of the types of pay structures and schemes follow. Then the rewards such as benefits, pensions and non-financial rewards are mentioned. The issues of whether to reward directors and executives, how to manage rewards internationally, and the role of HRM and employee rewards are explored.