Discuss the below:
Total Compensation Decisions
Suppose that your group is consulting with a health care organization that has a very limited budget. Its competitors are able to pay 30-40% more in compensation and benefits. How would you recommend this organization recruit new staff and motivate current employees? What should be included in this plan? Why? Consider specific compensation issues for at least two professional groups that might be important for your analysis. Develop a total compensation plan that helps give the organization some competitive advantage, rewards desired behaviors, helps to promotes retention, and that addresses other concerns noted in the Learning Resources. What are the intended and unintended consequences of this plan?