3 steps to consider when designing and administering staff compensation

Staff compensation can make up the majority of a hospital’s operating costs, according to a recent blog post from Integrated Healthcare Strategies.

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Susan O’Hare for Integrated Healthcare Strategies notes how staff compensation and raises are thought from the top-down, a very traditional philosophy.

However, O’Hare suggests it’s time to rethink compensation habits with three foundational steps:

1. Change the philosophy
2. Hold periodic compensation audits
3. Create a communication plan

To read about these foundational steps more in depth, click here.

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