Morgan86: Wk 5 Assignment E

Compensation Packages

Do a cost-benefit analysis of the selected healthcare organization. Explain your analysis of the cost-benefit ratio and how it helps an organization.

  • Explain the impact of the cost-benefit ratio on recruitment and retention strategies of a healthcare organization.
  • Outline ways to improve the cost-benefit ratio of the selected healthcare organization.
  • Explain the role of HRM in ensuring the most competitive compensation package for employees.
  • Describe methods of improving the compensation package of the selected healthcare organization. Explain how your recommendations could enhance recruitment and retention strategies of the organization.
  • Discuss how you would address competitive compensation, benefits packages, career development, and succession planning in working towards the selected healthcare organization’s strategic goals.

Submission Details:

  • Present your analysis in a 6- to 8-page Microsoft Word document formatted in APA style. On a separate page, cite all sources using APA format.