Benefits-drawbacks for incentive compensation programs

Assignment Help Operation Management
Reference no: EM131033786

INCENTI VE COMPENSATION RESEARCH PAPER

We have covered performance-based provider payments from payers to organizations. However, there are also many providers and healthcare systems who have created internal pay-for-performance packages to executives and upper management when certain financial and quality targets are met. In this time of declining revenues, analyze the appropriateness of continuing this form of incentive compensation.

Submit a 1,200-1,450 word paper in which you contrast the pros and cons of continuing an internal incentive compensation plan in today’s health care environment. Your paper should contain a minimum of two outside research resources.

Address the following:

Identify the benefits/drawbacks for incentive compensation programs.

What is the correct organizational setting for utilization of the incentive compensation approach?

How is organizational culture impacted by incentive compensation?

Reference no: EM131033786

Questions Cloud

What is the average demand during replenishment lead time : A retailer sells handmade teak folding deck chairs at an average rate of 2 per week. The lead time from the craftsman is 8 weeks. What is the average demand during the replenishment lead time? If we set the base stock level equal to average lead time..
Compute the break-even point in dollar sales : 1. Compute the break-even point in dollar sales for year 2011.
Submitted to turnitin as one document : The assignment consists of six parts that must be saved to a file and submitted to turnitin as one document. Please label each part of the assignment Part 1, Part 2, Part 3, Part 4, and Part 5 in the document and insert a page break after each part (..
Concept of capacity of process to key process flow measure : Tie in the concept of capacity of a process to a key process flow measure. What is the importance of being able to determine the effective capacity of a process? What limits the effective capacity? EZS is a small fast food outlet located in midtown M..
Benefits-drawbacks for incentive compensation programs : We have covered performance-based provider payments from payers to organizations. However, there are also many providers and healthcare systems who have created internal pay-for-performance packages to executives and upper management when certain fin..
Identifying any relevant personnel within screws : Describe any procedures which could be used to analyse the documentation listed it above in order to determine their market research needs
Laws important to the future success of the organization : Are Moore and Parkinson’s laws important to the future success of the organization? Why, or why not? (Must be 200 words)
What could be the causes of this tingling sensation : An anxious patient is having rapid and shallow breathing. After a few moments, he complains of a tingling sensation.
Independent research into a particular aspect of law : Assessment Details The purpose of the assignment is for you to undertake independent research into a particular aspect of law, to reflect on and consider particular legal issues and to apply your legal skills

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd