Total compensation decisions analyze the four options

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Reference no: EM13391651

Analyze the four options presented in the "Controlling Employee Healthcare Benefit Costs" case. You may also consider other options that would be beneficial, such as one that combines some of the options presented in the case. Discuss the advantages and disadvantages of each one. Develop consensus about one option that you would propose in this situation. Suppose that your group is consulting with a health care organization that has a very limited budget. Its competitors are able to pay 30–40% more in compensation and benefits. How would you recommend this organization recruit new staff and motivate current employees? What should be included in this plan? Why? Consider specific compensation issues for at least two professional groups that might be important for your analysis. Develop a total compensation plan that helps give the organization some competitive advantage, rewards desired behaviors, helps to promotes retention, and that addresses other concerns noted in the Learning Resources. What are the intended and unintended consequences of this plan?

Reference no: EM13391651

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