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.
• 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.
• Paper utilizes materials presented in the textbook and a minimum of three outside sources in a 2-3 page document.
Please be sure to download the file “Writing Center Resources” from Doc Sharing to assist you with meeting APA expectations for written assignments.
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