The “Performance Pay for MGOA Physicians” case, set in an academic medical center, illustrates the implementation of pay-for-performance as an HR strategy.
Review the case, and consider the following questions:
· What physician activities or behaviors are rewarded by the plan?
· What are the questions and concerns raised in this case? What other concerns (not mentioned in this scenario) could be important?
· What are the intended—and unintended—consequences of the plan? What do you think are the pros and cons of this performance pay program?
· What modifications, if any, would you recommend to this plan?
· What insights from this situation might be applied to non-physician groups within a health care organization? Consider potential differences between physician and non-physician compensation systems.
Write a 2- to 3-page paper in which you:
· Briefly summarize the compensation plan that has been developed by MGOA.
· Analyze strengths and challenges related to this plan, and propose potential modifications that could address issues or concerns associated with this plan.
· Explain how elements of this plan might be applied for non-physician employees, noting differences between various compensation systems.
Your written assignments must follow APA guidelines. Be sure to support your work with specific citations from this week’s Learning Resources and additional scholarly sources as appropriate. Refer to the Essential Guide to APA Style for Walden Students to ensure that your in-text citations and reference list are correct.
Submit your assignment by Day 7 of Week 6.
Additional resources:
· Case Study: Barro, J. R., Bozic, K. J., & Zimmerman, A. M. G. (2005). Performance pay for MGOA physicians (A). Harvard Business School.
· Case Study: Barro, J. R., Bozic, K. J., & Zimmerman, A. M. G. (2005). Performance pay for MGOA physicians (B). Harvard Business School.
· Case Study: Beaulieu, N. D., & Zimmerman, A. M. G. (2005). Performance pay for MGOA physicians (C). Harvard Business School.
· Article: Lowes, R. (2007). How your productivity is measured. Medical Economics, 84(19), 24-30. Retrieved fromhttp://proquest.umi.com.ezp.waldenulibrary.org/pqdweb?did=1372516581&sid=1&Fmt=4&clientId=70192&RQT=309&VName=PQD
· Article: Holland, K. (2008). When the share price is a factor in pay. The New York Times. Retrieved fromhttp://proquest.umi.com.ezp.waldenulibrary.org/pqdweb?did=1468875521&sid=1&Fmt=3&clientId=70192&RQT=309&VName=PQD
· Online Article: Leung, R. (2003). Working the Good Life. 60 Minutes. Retrieved from http://www.cbsnews.com/news/working-the-good-life/
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Place Order” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.