Utilizing Compensation Strategy to Build a Loyal and Engaged Workforce

Bradley, Carol

Utilizing Compensation Strategy to Build a Loyal and Engaged Workforce

Bradley, Carol

Abstract

This article reflects on the process, learnings, and success of utilizing a common compensation philosophy and pay strategy for registered nurses to pursue strategically important organizational and professional goals. This article reviews the current state of nursing compensation practices and identifies those pay strategies than can be used to accelerate goal achievement and improve organizational performance. Developed by a team of chief nursing officers with staff input, specific policy, structure, and tactics were deployed and sustained over a period of 10 years to successfully advance the professional nursing organization as well as meet key performance metrics of the health system.

View Resource
Nurse Leader
2021
Profession(s)
Nurses
Topic(s)
Recruitment & Retention
Policy
Resource Types
Peer-Reviewed Research
Study Type(s)
Descriptive / Qualitative Study
Action Strategy Area(s)
Recognition & Reward
Worker & Learner Engagement
Leadership
Setting(s)
Health System
Academic Role(s)
No items found.
No items found.