How to develop a compensation package, Other Management

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How to develop a compensation package

Discuss the below:

You have been asked to develop a compensation package for the new CEO of the hospital, the new IT manager, and a new pediatric nurse. What components will you address in each of their packages? Will you offer the same type of compensation (variable, fixed, bonuses etc.) for each? Will performance play a part in your compensation package? Provide rationale to support your viewpoint.

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