Need a paper
In any health care organization, employees seek good job satisfaction, and employers seek good performance. This can partly be achieved through a good compensation system. For this assignment, address the following:
- Describe in detail 3-4 goals that a compensation program should attempt to achieve.
- Explain and discuss some of the unique dilemmas health care organizations face when creating a compensation system.
- Describe the systematic approach health care organizations may use to determine the monetary value of a job.
The paper should be 3-4 written pages, excluding cover page, abstract page, and reference page.
Note: Use APA style to cite at least 5 scholarly sources from the last 5 years.
Include an abstract page, intro and conclusion
Healthcare Compensation Systems
Abstract
In any healthcare institution, employees and employers seek certain goals. Employees seek to satisfaction and remuneration that is fair and a reflection of the services they offer. On the other hand, employers seek great performance from all the employees. For these goals to be met, there must be a competitive compensation program within the institution.
Introduction
In any healthcare institution, compensation programs are established to remunerate and reward employees for the various services that they render to the institution. The aim of this paper is to assess the goals that a compensation program should aim to achieve. It will also explain some of the ethical dilemmas that may be observed when developing such a compensation program.