Question: 1 . Basic Salary: A competitive basic salary should be given to Registered nurses by ensuring that it is compensated fairly to their job responsibilities,
Basic Salary:
A competitive basic salary should be given to Registered nurses by ensuring that it is compensated fairly to their job responsibilities, which include evaluating patient needs, managing treatments, and collaborating with healthcare teams.
Benefits Package:
Considering the demanding nature of Registered nurse positions, it's important to provide a comprehensive benefits package that will help to support the wellbeing and financial security of registered nurses.
PerformanceBased Incentives:
Performancebased bonuses are tied to individual and organizational goals, like achieving employee satisfaction, successful implementation of wellness programs, and contribution to organizational growth.
Professional Development Opportunities:
This inludes funding for continuing education and certifications.nizational growth.
NonMonetary Rewards:
Intuition Wells Inc. can offer Nonmonetary rewards for registered nurses to acknowledge and appreciate in ways that dont involve money. This means recognizing the efforts of individuals which will lead to employee engagement and employee satisfaction. They can include recognition programs like Employee of the Month, attending appreciation events, and having chances to try different roles within the organization. This approach is important to nurses hard work and dedication, creating a positive work culture, and encouraging nurses to continue their valuable contributions to patient care.
Considering the abovementioned by designing an indirect pay plan for registered nurses which align to compensation mix with relevant theories and practices and references?
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