You have been asked to develop a compensation package for the new CEO of the hospital

You have been asked to develop a compensation package for the new CEO of the hospital

The shorter version, for this compensation package.

You have been asked to develop a compensation package for the new CEO of the hospital, the new IT manager, and a new pediatric nurse. What components will you address in each of their packages? Will you offer the same type of compensation (variable, fixed, bonuses etc.) for each? Will performance play a part in your compensation package? Provide rationale to support your viewpoint.

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A compensation package is the sum of the salary and other fringe benefits that an employer gives an employee. The benefits include items such as holidays, sick days, pension plans, health insurance, life insurance and sabbaticals among others. A good compensation package is a part of a good…………………………….