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Tag: Compensation


Medical Service Company invests in employees

September 20, 2019Theresa Flaherty, Managing Editor

CLEVELAND - Medical Service Company plans to boost its starting pay to $15 an hour to recognize the role that employees have in its success. The company, which provides respiratory products and services in six states, was already paying above the federal minimum wage of $7.25 per hour and the state minimum wage of $8.55 per hour in Ohio. “We've always understood that there's a lot that goes into each transaction in our business, and taking care of one patient is not as easy as...

Compensation, Employee, Employee Development, Employee Satisfaction, Home Medical Equipment (HME), Medical Service Company

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Smart Talk

Employee Compensation: Balance expectations with goals

April 23, 2012Ana McGary

A. Employee compensation can be a sensitive subject. Many human resource-related concerns need to be addressed, but equally important is understanding the financial aspects of employee compensation. Employee compensation is much more than just the direct amount that you pay an employee. There are other costs that need to be incorporated in the overall payroll budget. Here are five areas to consider: •Make sure all incentives and bonus plans are clearly documented to minimize any confusion. •Understand...

Compensation, Employee, Home Medical Equipment (HME)

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