2.50
Hdl Handle:
http://hdl.handle.net/10755/182144
Category:
Abstract
Type:
Presentation
Title:
A Nursing Compensation Model that Fosters Professionalism
Author(s):
Davis, Karen
Author Details:
Karen Davis, RN, MS, NEA-BC, Director of Nursing, Johns Hopkins Hospital, Baltimore, Maryland, USA, email: kdavis4@jhmi.edu
Abstract:
Podium presentation, ANCC National Magnet Conference: Compensation is a key element of nurse retention and recruitment and can reinforce or undermine professional values. As part of a redesign effort, The Department of Nursing at a large tertiary care center critically reviewed their annualized compensation model for nurses and made strategic changes to enhance the model so that it supported the professional values of the organization and remained attractive to a multi-generational workforce. The compensation model is built on the principle of payment for responsibilities and outcomes versus time worked, and it is the foundation for the clinical ladder which centers on the professionalism and clinical excellence of the bedside nurse. The model is called PAfCE which stands for Professionalism, Accountability, and Clinical Excellence with a silent f for the flexibility that is inherent in this exempt salaried model. PAfCE was implemented in 2000 and thus revisions were needed to respond to the changing economic environment and the desires and values of the current workforce. A group of nurse managers and compensation specialists were charged with gathering staff nurses input, making recommendations for changes, and developing a communication and education plan. Nursing satisfaction with compensation, a measure of the program's success, reveals scores that are above the NDNQI benchmark. This Poster presentation, ANCC National Magnet Conference« or Podium presentation, ANCC National Magnet Conference« session highlights the revision process and the new components of the updated compensation model. The guiding principles used and the lessons learned will be helpful to nurse leaders who must provide direction in developing innovative and financially sound compensation programs for professional nurses.
Repository Posting Date:
28-Oct-2011
Date of Publication:
28-Oct-2011
Conference Date:
2010
Conference Name:
ANCC National Magnet Conference
Conference Host:
American Nurses Credentialing Center
Conference Location:
Phoenix, Arizona, USA
Description:
The 14th American Nurses Credentialing Center (ANCC) National Magnet Conference, held 13-15 October, 2010 at the Phoenix Convention Center in Phoenix, Arizona, USA.
Note:
This is an abstract-only submission. If the author has submitted a full-text item based on this abstract, you may find it by browsing the Virginia Henderson Global Nursing e-Repository by author. If author contact information is available in this abstract, please feel free to contact him or her with your queries regarding this submission. Alternatively, please contact the conference host, journal, or publisher (according to the circumstance) for further details regarding this item. If a citation is listed in this record, the item has been published and is available via open-access avenues or a journal/database subscription. Contact your library for assistance in obtaining the as-published article.

Full metadata record

DC FieldValue Language
dc.type.categoryAbstracten_US
dc.typePresentationen_GB
dc.titleA Nursing Compensation Model that Fosters Professionalismen_GB
dc.contributor.authorDavis, Karenen_US
dc.author.detailsKaren Davis, RN, MS, NEA-BC, Director of Nursing, Johns Hopkins Hospital, Baltimore, Maryland, USA, email: kdavis4@jhmi.eduen_US
dc.identifier.urihttp://hdl.handle.net/10755/182144-
dc.description.abstractPodium presentation, ANCC National Magnet Conference: Compensation is a key element of nurse retention and recruitment and can reinforce or undermine professional values. As part of a redesign effort, The Department of Nursing at a large tertiary care center critically reviewed their annualized compensation model for nurses and made strategic changes to enhance the model so that it supported the professional values of the organization and remained attractive to a multi-generational workforce. The compensation model is built on the principle of payment for responsibilities and outcomes versus time worked, and it is the foundation for the clinical ladder which centers on the professionalism and clinical excellence of the bedside nurse. The model is called PAfCE which stands for Professionalism, Accountability, and Clinical Excellence with a silent f for the flexibility that is inherent in this exempt salaried model. PAfCE was implemented in 2000 and thus revisions were needed to respond to the changing economic environment and the desires and values of the current workforce. A group of nurse managers and compensation specialists were charged with gathering staff nurses input, making recommendations for changes, and developing a communication and education plan. Nursing satisfaction with compensation, a measure of the program's success, reveals scores that are above the NDNQI benchmark. This Poster presentation, ANCC National Magnet Conference« or Podium presentation, ANCC National Magnet Conference« session highlights the revision process and the new components of the updated compensation model. The guiding principles used and the lessons learned will be helpful to nurse leaders who must provide direction in developing innovative and financially sound compensation programs for professional nurses.en_GB
dc.date.available2011-10-28T15:11:06Z-
dc.date.issued2011-10-28en_GB
dc.date.accessioned2011-10-28T15:11:06Z-
dc.conference.date2010en_US
dc.conference.nameANCC National Magnet Conferenceen_US
dc.conference.hostAmerican Nurses Credentialing Centeren_US
dc.conference.locationPhoenix, Arizona, USAen_US
dc.descriptionThe 14th American Nurses Credentialing Center (ANCC) National Magnet Conference, held 13-15 October, 2010 at the Phoenix Convention Center in Phoenix, Arizona, USA.en_US
dc.description.noteThis is an abstract-only submission. If the author has submitted a full-text item based on this abstract, you may find it by browsing the Virginia Henderson Global Nursing e-Repository by author. If author contact information is available in this abstract, please feel free to contact him or her with your queries regarding this submission. Alternatively, please contact the conference host, journal, or publisher (according to the circumstance) for further details regarding this item. If a citation is listed in this record, the item has been published and is available via open-access avenues or a journal/database subscription. Contact your library for assistance in obtaining the as-published article.-
All Items in this repository are protected by copyright, with all rights reserved, unless otherwise indicated.