Week 1 project: Compensation system for a healthcare services organization

Week 1 Discussion: Strategic Compensation

Week 2 Discussion: Types of Pay

Prompt: As the human resources director on an internal team that includes the owner and a benefits analyst, you must design a new compensation system for a healthcare services organization. The organization has 46 employees, and the services include a pharmacy, various healthcare equipment for sale or rent, and chronic care management. These critical elements will help support your creation of a pay mix for your final project.
Create a PowerPoint presentation addressing the following:

• What role do nonmonetary rewards play in a compensation package?
• How might the team create a compensation system to support the organization’s strategy?
• What other stakeholders should be on this team and what role should they have in designing this compensation package?
• Include at least three national laws or regulations that must be considered in the development of the new compensation system.

Rubric
Guidelines for Submission: The PowerPoint presentation should be approximately 5–8 slides in length. Be creative. Use proper APA format on all citations.