Redesign the compensation plan for organization

Assignment Help Operation Management

Reference no: EM13732039

Imagine that you have been asked to redesign the compensation plan for your organization.

Your goals are reduced turnover, increased patient satisfaction, and increased employee satisfaction/engagement. Your purpose is to develop a thorough compensation plan for your health care organization.

• Summarize the five key elements that must be considered as you develop the compensation plan.

• Detail the revised compensation plan -use both Direct and Indirect Forms of Compensation to develop your overall strategy. Use the materials presented in the textbook and outside sources to design a new compensation plan. In a 2-3 page document, outline your new plan in APA format. A minimum of three references, plus the textbook are required.

Requirements

Paper defines and discusses the strategic role of human resources in compensation design for a health care organization.

Identifies the major challenges in compensation at all levels within a health care organization.

Paper identifies the two general types of compensation and the components of each

Reference no: EM13732039

Questions Cloud

The project costs are under budget : Assume you are the project manager for a software company and your team is in charge of delivering an update to tax preparation software for the next tax season. The project team has ten software developers working together, but located across the..

How would you present the findings of your study : If you were McMahon Group, how would you present the findings of your study to the NCRCC board? Explain the rationale for your chosen method.

What are the problems that clothing stores faces : Introduce the issue - what product/strore are you analyzing, what are the problems that clothing stores faces? Analyze the issue: Possible Target Markets. Evaluate the Alternatives: Most likely Target Market. Come to a Conclusion: Target Market - def..

Audit study conducted by bertrand and mullainathan : In most markets, majority group workers have higher average wages than minority group workers - resume audit study conducted by Bertrand and Mullainathan

Redesign the compensation plan for organization : Imagine that you have been asked to redesign the compensation plan for your organization. Your goals are reduced turnover, increased patient satisfaction, and increased employee satisfaction/engagement. Your purpose is to develop a thorough compen..

Evaluate the value of the cba for each constituency : Evaluate the value of the CBA for each constituency and integrate these estimates into a scenario model and/or decision tree. Analyze the results

Advantages and disadvantages of using a subway system : In your opinion, what are the advantages and disadvantages of using a subway system to promote and build a brand, such as Starbucks

What tax level would achieve this goal : What tax level would achieve this goal? How much abatement would be done by each firm?

What are the laws when it comes to taxes : What are the laws when it comes to taxes? What forms do I have to fill out? The Internal Revenue Service publishes a "Tax Guide for Small Businesses" which can be reviewed at the IRS website. Make a list of any questions you might have

User Account

All Pages