Purpose: The purpose of this assignment is to:
Evaluate and compare different strategies compensation (i.e., ‘base salary’ ranges within healthcare;
Evaluate and compare different benefits plans within healthcare.
Evaluate and compare how geography and other demographic factors influence compensation strategies;
Evaluate and discuss different ways to “incent” performance (i.e., bonuses); and
Evaluate and discuss how healthcare organizations can leverage ‘total’ compensation packages to be more competitive in recruiting and retaining healthcare professionals and staff and to ensure produce Overall performance (output).
Sample Solution
