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Compensation Plan
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What is Compensation Plan?
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Employee compensation plans and design strategies
Devising payscales that are competitive is an important part of the job evaluation process. This research presents the determination of payscales for Registered Nurses (RNs) at an urban hospital. The payscales reflect those of floor nurses, rather than specialty nurses. It uses job analysis, competitive analysis, and research from reliable sources to derive its pay grades.
~1 min read
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