To realize an organization’s vision, deliver upon its mission and achieve key strategic and operational goals, it is imperative that total rewards programs are designed to help attract, retain and motivate executives to improve performance.
Organizations and their boards that partner with SullivanCotter gain access to experienced health care and not-for-profit consulting teams, leading research on all aspects of executive total compensation and rewards practices, and insights that support organizational change. Our comprehensive and integrated workforce solutions, which also include physician, advanced practice provider (APP) and employee compensation and performance strategies, are supported by our industry-leading compensation and productivity data, enabling us to advise our clients and help them achieve their strategic objectives faster.
As a result, our clients can better:
- Attract, engage and retain the best executive talent to improve organizational performance through customized total rewards programs
- Structure executive total rewards supported by our exclusive market practice data and competitive analyses
- Benchmark market performance measures to inform and justify the alignment of executive rewards programs with desired organizational outcomes
- Implement a “best fit” approach to governance, decision-making and compensation-related due diligence to enhance defensibility
- Educate the board on environmental trends impacting executive total rewards programs and help to design the appropriate response to support the operating priorities of the organization
- Develop programs to support leadership succession and talent management initiatives
- Address compensation and benefits-related issues resulting from mergers and acquisitions
- Assess executive pay equity
- Identify and develop both existing and emerging roles as the health care industry evolves
Related Information
Related Resources
Press Release | Health Care Executive Pay Increases Reflect Competitive Talent Market
Results from SullivanCotter's 2024 Health Care Management and Executive Compensation Survey show that median base salaries grew by 5.2% – reflecting the high demand for executive talent.
INFOGRAPHIC | 2024 Health Care Management and Executive Compensation Survey
Dive deeper into the results of this year's survey – including annual changes in compensation and wRVU productivity from 2023-2024.
Driving Strategic Imperatives Through Executive Long-Term Incentives
Executive long-term incentive plans have evolved to focus on key transformational and strategic objectives that promote resiliency and sustainability. Is your organization up to speed? Follow our simple framework for guidance on how to support LTIP goal setting, measure selection, and calibration.