Using the data in Tables 6.4 and 6.5, calculate the total year-end bonus amount for a nurse
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Using the data in Tables 6.4 and 6.5, calculate the total year-end bonus amount for a nurse manager who earns $100,000 annually, has a 10% bonus target, meets the individual financial contributions, and completes his or her assigned tactics, but fails to meet some of the individual and unit operational goals, and works in a hospital that has met all of its strategic, operational, and financial goals, achieved 115% of the projected EBITDA, and utilizes the
“all-or-nothing” approach to the incentive compensation criteria. Assume that the maximum aggregate bonus amount is set high enough for all to receive the entire individually calculated bonus amounts.
AppendixLO1
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Financial And Business Management For The Doctor Of Nursing Practice
ISBN: 185090
2nd Edition
Authors: KT Waxman
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