Explain the impact of the cost-benefit ratio on healthcare


Assignment task: Cleveland clinic

Based on your research and findings, your paper should address the following about Cleveland clinic

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

1. Explain the impact of the cost-benefit ratio on a healthcare organization's recruitment and retention strategies.

2. Outline ways to improve the cost-benefit ratio of the selected healthcare organization.

3. Explain the role of HRM in ensuring the most competitive compensation package for employees.

4. Describe methods of improving the compensation package of the selected healthcare organization. Explain how your recommendations could enhance the recruitment and retention strategies of the organization.

5. Discuss how you would address competitive compensation, benefits packages, career development, and succession planning in working towards the selected healthcare organization's strategic goals.

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