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Best Companies Assignment

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Best Companies Assignment

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Document Type: Research Paper
General Topic: Management
School Level: College Freshman (1st year)
Sources: 3
Views: 97
Words: 1305
Pages: 4
Paper #: 67172810

...... At Mayo, doctors collaborate. After their first five years of employment all physicians within a single department are paid the same salary. During the first years, physicians receive step raises each year, but after that, they top out, and all are paid the same regardless of whether they are internationally known and have been there for thirty years. It doesnt matter how much revenue that one you brings in, or how many procedures that they do. They are all salaried staff and paid equally. This is very good for teamwork as it promotes people working together. The culture at Mayo doesnt encourage egos (Mahar, 2008)
Mayo is the outlier. Its culture is abnormal because it is based on the very egalitarian ethic of the people who established it. People have the chance to develop skills in whatever they want to do. They are beginning to make better use of nurse and nurse practitioners as they are being integrated into the teams. They also have a lot of physician assistants that are being used in a lot of different areas. Turnover is very low. Its abnormal for people to leave and when they do, many wind up coming back. That

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