Question: During your training for the management position you now hold at Lockeport, you learned that developing an effective compensation method is essential to a company

During your training for the management position you now hold at Lockeport, you learned that developing an effective compensation method is essential to a companys employee turnover and retention. You also understand that factors that reduce turnover and allow for competitive recruitment are very different based on geographic location and by type of organization. For this slide presentation, you will prepare a brief and informative summary of your recommendations on the most effective compensation methods to achieve Lockeports goals. Your audience is the executive leadership for Lockeport, including its Board of Trustees. Create a 6-slide (not including references slide) presentation with audio narration to present to the executive leadership team. Your presentation should:
Describe at least three different compensation methods for support staff and at least two different compensation methods for physicians that would be options for Lockeport.
Describe two advantages and two disadvantages for each method you describe.
Recommend the one best compensation method to be used for physicians and the one best compensation method for support staff that are the most relevant and reasonable based on what you know about the workforce environment and organizational goals for Lockeport Defend why you made each recommendation.
In a summary slide, explain the impact of compensation on the recruitment of support staff and physicians at Lockeport Medical Center.

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