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Innovative Benefits

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Locate an example of an innovative compensation or benefits program from within or outside the health care industry.
Evaluate the program you selected.

Why, in your opinion, is the program effective? Consider the program features, its intended outcomes, and how those outcomes are met.

How might you improve upon the program?

How might you apply this program to your current or future health care organization?Briefly describe the compensation or benefits program you selected. Evaluate the program. Include why it is effective, at least two ways you might improve it, and how you might apply it to your current or future health care organization. Defend or argue your evaluation.

Briefly describe the compensation or benefits program you selected. Evaluate the program. Include why it is effective, at least two ways you might improve it, and how you might apply it to your current or future health care organization. Defend or argue your evaluation.

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Solution Summary

The answer to this problem explains an innovative compensation/benefits program . The references related to the answer are also included.

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An example of innovative compensation or benefits program from within or outside the healthcare industry is the baby bonding bucks. This is worth $500 to all new parents to use during the first three months of their child's life. This is a reimbursement that can be used for take-out food or delivery meals, and for cleaning and diaper services. It can also be used for formula during the leave period. This benefit comes as a complement to twelve weeks of fully paid baby bonding time that is provided to new parents, regardless of gender. Both these benefits are given to all parents including dads, domestic partners, adoptive parents, and surrogate parents.
The program is effective because it addresses the needs of new ...

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  • MBA, Eastern Institute for Integrated Learning in Management
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