In any health care organization, employees seek good job satisfaction, and employers seek good performance. This can partly be achieved through a good compensation system. For this assignment, address the following: Describe in detail 3-4 goals that a compensation program should attempt to achieve. Reward employee performance, achieve internal equity or fairness within the organization, compete with relevant labor markets, align employee behavior and performance with organization goals, attract and retain high- performance employees, keep the compensation budget within organization financial constraints, and comply with legal requirements Explain and discuss some of the unique dilemmas health care organizations face when creating a compensation system. – Physician and executive’s compensation, affordable care act -reduce reimbursements, nonprofit status, pay for performance what to measure? Describe the systematic approach health care organizations may use to determine the monetary value of a job. – Focus on System approach 1. Job evaluation internal-the system process for assessing the relative worth of jobs, comprehensive analysis for each positions tasks, responsibilities, knowledge, and skill requirements. 2.benchmark-{external } system process for assessing the same position. Note; use examples to reinforce your ideas and explain with some research data. Use APA style to cite at least 6 scholarly sources from the last 5 years. The paper should be 3 written pages, excluding cover page, abstract page, and reference page. The paper includes abstract, introduction and conclusion, the source may be from URL OR DOI but not must. All APA format will be applicable including APA heading.

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