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Annual survey: incentive plans on the rise in hospitals
1The Hay Group.
Abstract:
Long a fixture in other fields, incentive plans are becoming much more common--and are being received more favorably--in the health care sector. Hospitals are implementing incentive compensation plans at an explosive rate, according to the 1991 Hay Hospital Management/Professional Survey of compensation and benefits data from over 1,200 U.S. hospitals. The survey also looks at compensation's link to organizational performance and gives a list of average base salaries and total cash compensation for a number of health care positions. Learn the latest trends, exclusively in Hospitals.