CRI has a long history assisting healthcare organizations to assess current compensation programs, as well as to develop creative and effective programs, using empirical salary data.
The services that we have provided include, but are not limited to:
- Executive Compensation Benchmarking
- Base Pay Administration
- Salary Administration
- Performance Management
- Incentive Compensation
We have provided compensation services to:
- Not-for-profit healthcare organizations;
- For-profit hospitals;
- Multi-facility medical centers;
- Nursing homes;
- Home healthcare agencies; and
- Medical practices
A systematic review of current compensation programs ensures that organizations are providing competitive compensation, and are rewarding their employees for effective performance.
Development of new programs provides structure and validity to compensation decisions.
Review of executive compensation provides an opportunity for insight into the competitive landscape at the executive level, as well as providing valid documentation with respect to regulatory compliance. CRI uses empirical data to evaluate executive compensation in the healthcare industry, and offers guidance on developing competitive pay packages.