health care organization

timer Asked: Oct 16th, 2018
account_balance_wallet $15

Question Description

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.

Tutor Answer

School: New York University




Student’s Name

Professor’s Name

Course Title


Most organizations seek to achieve the best from their day to day operations. This can be
achieved by the employees giving out their best in the organization. Such organizations
include health care centers. Most human resource managers from the healthcare
organizations as well as the managers expect the best from the employees and hence should
understand some of the common objectives of a compensation management system. The idea
of the compensation management system in the healthcare organizations involves paying the
employees fairly but making sure that an organization’s budget is maintained. There is also
the need to understand the ways in which the compensation management will affect the
outcomes of the business hence the managers should leverage the compensation plan to
ensure that better results for the organization are achieved (Bronchetti & McInerney, 2017).
Compensation program goals
Any compensation plan that is formulated by any organization has goals that it aims to
achieve. Some of the goals include the following.
Attract top talents. The primary goal of a compensation plan is to recruit the top talents that
are qualified and will be of great importance to ...

flag Report DMCA

Good stuff. Would use again.

Similar Questions
Hot Questions
Related Tags
Study Guides

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors