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Compensation & The Model

Compensation is the most POWERUL STRUCTURAL tool a Manager has to create a happy and productive work atmosphere with ultra-strong Accountability. This workshop is for the most forward-thinking Hospices. 100% of Hospices that operate in the 90th percentile have great compensation systems. Yes, 100%!  A Hospice’s most dramatic advances in quality and profits will come from movements of Talent and the compensation of that Talent. A great compensation system makes management VASTLY easier. Compensation systems also directly impact an organization’s People Attraction and Retention system. Talent must be retained over the long-term as the turnover of Talent is the biggest destroyer of quality. A great compensation system is a key! Get rid of the “poverty mindset” regarding how you reward staff! Why not pay better than the hospital or other healthcare entities? In Hospice, compensation is your LARGEST cost, so why not adapt your compensation system creatively to get the performance and behaviors you need? Compensation is fastest way out of financial troubles as well as one of the most effective structural means to create a healthy hospice culture. In this program, participants will learn to use compensation as a tool to foster the behaviors and results desired at a hospice. Bring a laptop with Microsoft Excel, a clinical team’s compensation information as well as compensation information for an Indirect area. This information will not be shared with the group but will be used by the participant to work out a system that can be emulated and utilized upon return to his or her respective organization. Compensation was the beginning of MVI. It is where we started as a company.

MVI only holds the Compensation & the Model Workshop annually. 

Advanced Preparation: Bring a laptop with Microsoft Excel, a clinical team’s compensation information as well as compensation information for an Indirect area. This information will not be shared with the group but will be used by the participant to work out a system that can be emulated and utilized upon return to his or her respective organization.

Cost:  $1,750 per participant. MVI offers a $250 discount for participants that register 1 month prior to a program. This helps us with planning as we try to provide high-quality events with tremendous attention to the details of the experience.

Participants will learn: 
Using Compensation as a Tool to Shape Behavior & Culture
The Mechanics of your Compensation System
How to Present a Change in Compensation
Implementation of a Performance Compensation System
Breakout: Working with Your Data
Location: 
Flat Rock, NC | The MVI Retreat Center
Training Introduction: 
Performance Compensation is the fastest way out of financial troubles as well as one of the most effective structural means to create a healthy Hospice culture.
Training Date: 
Monday, August 20, 2018 - 8:16am to Tuesday, August 21, 2018 - 12:00pm
Faculty: 
Andrew Reed, CPA
MVI Staff
Cost: 
$1,750 per participant ($250 discount for early registration)
Level: 
Advanced
Method: 
Group Live
Prerequisites: 
None
CPE Hours: 
NASBA Approved: 12 CPE Hours
Scheduled Training: 
Future Dates TBA

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TESTIMONIAL

 Program: People Development & the Model
“You ROCK! Thank you so much on what you are doing for our Hospice! We are on the road to SUCCESS with MVI’s partnership! We Love You and your TEAM!”
Kristie Merton, Hospice of Marshall County