Ensuring Pay Equity and Job Worth
Conducting salary surveys helps establish market-based pay rates and benefits decisions, ensuring external equity.
Job evaluation determines internal equity by assessing compensable factors like skill, effort, responsibility, and working conditions, essential for fair wage structuring and employee retention.
In this video, the speaker explain the payment system within Taiwan’s hospital as examples. Salaries of health care workers may vary from country to country. Are there certain professions in your country that are underpaid?
Introduction to Healthcare Management: Organisational Insights
Introduction to Healthcare Management: Organisational Insights
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