Changing reward systems for team-based systems
Barksdale, G.T.
Seminars for Nurse Managers 6(4): 199-204
1998
ISSN/ISBN: 1066-3851 PMID: 10095715 Document Number: 488809
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 Leadership is increasingly convinced that old methods of compensation are no longer valid and thus are turning to innovative approaches to pay and reward systems.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.