In a changing economic landscape, designing effective compensation strategies for executives, physicians, advanced practice providers and other employees is more challenging than ever before.
Developing competitive programs that drive individual performance and align with key organizational objectives is critical as health care and not-for-profit organizations compete to attract and retain the industry’s top talent.
SullivanCotter works closely with clients to design highly customized compensation programs that support organizational priorities. Combining data-driven intelligence with this tailored approach, we help health care and other not-for-profit organizations achieve their business objectives and fulfill their missions while staying in compliance with the changing regulatory environment.
We work with our clients to design compensation programs that help to enhance performance through:
- Total employee compensation and benefits philosophy, policy and strategy alignment
- Base salary and pay-for-performance plan designs
- Cash compensation audits
- Cost impact analyses, implementation planning
- Defining performance and identifying appropriate value-based metrics
- Evaluation of current compensation plans
- Education on market trends and work effort allocation methodologies
- Survey selection and market benchmarking
- Stakeholder interviews and focus groups
- Compensation philosophy development
- Development of conceptual compensation models
- Measurement system and scorecard assessment
- Financial modeling and impact assessments
- Communication/implementation assistance
- Plan administration support
Related Information
Learn how to design competitive compensation programs that help to enhance performance.
Related Resources
INFOGRAPHIC | Physician Compensation Trends in Community Health Systems
Lower professional collections per wRVU and higher total cash compensation (TCC) per wRVU when compared to the national average increases the financial support community health systems must provide to maintain their employed medical staff. Learn can your organization do about it!
On-Demand Webinar | 2025 Health Care Staff Compensation Insights
With workforce shortages showing no signs of stopping, hospitals and health systems must attract, retain, and motivate key employees with confidence. Turn insight into impact with the latest health care staff compensation benchmarks!
FORBES | Health Care Access, Labor, and Compensation Challenges
We know the One Big Beautiful Bill Act will significantly alter the U.S. health care environment – but how can health care leaders prepare? Learn more from SullivanCotter's President and CEO, Ted Chien.