Changing reward systems for team-based systems.
With the rapidly changing pace in health care, hospitals are struggling to keep costs under control and to remain competitive. Leadership is increasingly convinced that old methods of compensation are no longer valid and thus are turning to innovative approaches to pay and reward systems. This article describes some of the new pay methods, with an emphasis on team rewards, showing that compensation can keep pace with the evolving needs of health care.
Barksdale
G T
GT
St. Vincent Health System, Little Rock, AR, USA.
D001363:Awards and Prizes; D002983:Clinical Competence / Q000592:standards; D017598:Efficiency, Organizational; D004650:Employee Performance Appraisal; D006801:Humans; D009741:Nursing Staff, Hospital / Q000193:education / Q000458:organization & administration*; D010348:Patient Care Team / Q000458:organization & administration*; D012201:Reward; D012456:Salaries and Fringe Benefits