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Do a cost-benefit analysis of the healthcare organization

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Reference no: EM131618392

Assignment: Compensation Packages

Do a cost-benefit analysis of the selected healthcare organization. Explain your analysis of the cost-benefit ratio and how it helps an organization.

• Explain the impact of the cost-benefit ratio on recruitment and retention strategies of a healthcare organization.

• Outline ways to improve the cost-benefit ratio of the selected healthcare organization.

• Explain the role of HRM in ensuring the most competitive compensation package for employees.

• Describe methods of improving the compensation package of the selected healthcare organization. Explain how your recommendations could enhance recruitment and retention strategies of the organization.

• Discuss how you would address competitive compensation, benefits packages, career development, and succession planning in working towards the selected healthcare organization's strategic goals.

Submission Details:

• Present your analysis in a 6- to 8-page Microsoft Word document formatted in APA style. On a separate page, cite all sources using APA format.

Reference no: EM131618392

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