Industries

RSM McGladrey’s extensive physician compensation services, including compensation planning, surveys and benchmarking, and executive compensation services, can help improve your compensation system for this year and in the future. According to the New England Journal of Medicine, many health care administrators attribute their institution’s financial turnaround to a refined compensation plan that aligns with their strategic objectives.

Benefits of a well-planned and documented physician compensation plan:

• Assists with goal setting
• Invigorates process development
• Can contribute to a more open culture
• Measures and documents comparative differences and practices
• Identifies performance gaps and drivers
• Discovers opportunities for operational improvement
• Serves as a catalyst for learning
• Develops compensation philosophies that align with the organization’s goals
• Become a compensation partner to be utilized on an ongoing basis
• Primary resource of industry-leading market data