Phase 3 IP Performance Management and Compensation

In any health care organization, employees seek good job satisfaction, and employers seek good performance. This can partly be achieved through a good compensation system. For this assignment, address the following:

Describe in detail 3–4 goals that a compensation program should attempt to achieve.

Explain and discuss some of the unique dilemmas health care organizations face when creating a compensation system.

Describe the systematic approach health care organizations may use to determine the monetary value of a job.

Develop viable solutions to address challenges that affect management of human resources in the healthcare organization

Evaluate factors affecting the lifecycle of the employee including recruitment, retention, compensation, and performance evaluation

The paper should be 5–6 written pages, excluding cover page, abstract page, and reference page.

Note: Use APA style to cite at least 5 scholarly sources from the last 5 years.

Due date: 3/7/2016 by 12:00 pm Noon EST