Developing a compensation strategy that meets the needs of your healthcare organization, and employees, can be a challenging process; compensation teams need to consider budgetary constraints, internal equity, and market standards when designing compensation plans and pay philosophies.
Offering competitive compensation is essential in today’s healthcare environment. After all, nearly every healthcare organization faces stiff competition when recruiting staff. The challenge is even more pressing in rural areas where experienced talent is harder to come by. This was the case for Uniontown Hospital in Pennsylvania, a community hospital featuring very individualized positions. Without
A new study by Medscape takes aim at a growing issue — nurses and job satisfaction. Not surprisingly, nurses who earn more display higher levels of overall job satisfaction — but there are other important takeaways from this research.
As a woman in the workforce, I find the persistence of wage inequality in this country deeply troubling. It is simply unacceptable that the average American woman makes 77 cents to her male coworker’s dollar — and that’s just the average. There are states where women take home as low as 66 percent of what men do for the
Patricia Arquette sparked a much-needed dialog about wage inequality with her comments at the this past Sunday’s Academy Awards. When she went up to accept her Best Supporting Actress Oscar, she said, “It’s our time to have wage equality once and for all, and equal rights for women in the United States of America.” According