Sense of how your company manages compensation

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Question

As a leader in healthcare, you should have a strong overall sense of how your company manages compensation. Respond to this concern, brought to you by one of your best clinical staff members: "I just found out that I'm paid less than someone who came here at the same time as me. I am also paid less than they are offering at Hospital ABC across the street. Can you help me to be paid fairly?"Be careful! It's a loaded question, and you must respond with both the employee's best interest and your employer. Your company sets compensation in the middle or second quartile. You might or might not need to engage HR, either on your own or with the employee. Your response does not need to be specific to the employee's salary, but rather to the compensation practices that you are aware of. You are allowed to make up parts of the response as long as they are based on the overall learning of the module. Make sure to think about how you will balance internal and external equity with your solution.

Reference no: EM133419814

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