What Are the Challenges in Offering Competitive Compensation?
While offering competitive compensation is beneficial, it comes with certain challenges:
- Budget Constraints: Especially in public health institutions, budget limitations can restrict the ability to offer higher salaries. - Balancing Equity: Ensuring that compensation is fair and equitable across different roles and levels within the organization. - Keeping Up with Market Trends: The need to continuously monitor and adapt to changing market conditions and salary trends.
