Module Objectives:
Upon completion of this module students will be able to discuss Employee Compensation and Benefits
Meets course objection #6 as listed below;
#6. Describe and discuss the demographic trends that are changing the nature of the workforce.
READING ASSIGNMENT:
Flynn, W.J., Mathis, R. L., Jackson, J. H., Valentine, S.R. (2016). Health care human resource management (3rd ed.). South-Western. Thompson
Chapters 12 & 13
American Nurses Association. (2009). Scope and standards for nurse administrators (2nd ed.). ANA: Washington, DC.
Applicable readings in the Nursing, Human Resources, and Business literature
Assignment:
Answer one of the following questions at Module 7 Discussion Board.
1.Compare and contrast an entitlement compensation philosophy and a performance focused compensation philosophy.
2. Discuss the Fair Standards Act(FLSA) and apply to current healthcare organization workforce.
3. Describe the importance of structuring a compensation plan that attracts, rewards, and retains nurses and others in the healthcare organization while maintaining organizational financial integrity.