Nonmonetary rewards play in compensation package

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Prompt: As the human resources director on an internal team that includes the owner and a benefits analyst, you must design a new compensation system for a healthcare services organization. The organization has 46 employees, and the services include a pharmacy, various healthcare equipment for sale or rent, and chronic care management. These critical elements will help support your creation of a pay mix for your final project.

Create a PowerPoint presentation addressing the following:

- What role do nonmonetary rewards play in a compensation package?

- How might the team create a compensation system to support the organization's strategy?

- What other stakeholders should be on this team and what role should they have in designing this compensation package?

- Include at least three national laws or regulations that must be considered in the development of the new compensation system.

Reference no: EM133085553

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