Reward ceremonies: compensating people to perform new roles finally takes center stage
Article Abstract:
Many healthcare companies are improving the performance of their employees and implementing change through compensation. Almost 60% of the healthcare organizations surveyed in the 1996 Hay Hospital Compensation Survey use individual incentives while undergoing major changes and approximately 33% use group incentives. Compensation enables employees to concentrate on critical changes.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1996
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Modest increases, except at the top
Article Abstract:
Compensation in the healthcare industry continues to increase, according to the 1996 Hay Hospital Compensation Survey. Responses from over 353,000 people at 1,265 institutions found that nurses, technical staff and managers had salary increases of 4.2% and CEOs had salary increases of 7.7%. Cash compensation increased by 5% of nurses and technical staff and 11.2% for CEOs.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1996
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Call somebody who can: getting specialized expertise the #1 reason for outsourcing
Article Abstract:
More hospitals are utilizing contract management firms to provide them with personnel for business, support and clinical operations. Outsourcing has proven to be lucrative for over 50% of those hospitals surveyed. Business and support functions are the most popular functions outsourced. Pest control was outsourced by 80% of those hospitals that were surveyed.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1997
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