Related Experiment Videos
Work unit compensation
1Community Medical Center, Toms River, NJ.
Radiology Management
|January 4, 1992
Abstract:
The author describes an innovative "work unit compensation" system that acts as an adjunct to existing personnel payment structures. The process, developed as a win-win alternative for both employees and their institution, includes a reward system for the entire department and insures a team atmosphere. The Community Medical Center in Toms River, New Jersey developed the plan which sets the four basic goals: to be fair, economical, lasting and transferable (FELT). The plan has proven to be a useful tool in retention and recruitment of qualified personnel.