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HomeLatest NewsEducation NewsHow to Retain and Reward Top Talent in Today’s Healthcare Industry

How to Retain and Reward Top Talent in Today’s Healthcare Industry

How to retain and reward top talent in the healthcare industry are areas leadership struggle with daily, especially in today’s environment. House Bill 1154- Prohibition on Healthcare Non-Compete Employment Contracts in South Dakota is creating a lot of questions regarding best practices when it comes to competitive advantages and compensation.

SDAHO invites members to join Ryan Millman, Managing Partner of Modern Capital and Alexander Yaffe, Managing Director of Pearl Meyer on Tuesday November 16, 2021 at 1pm – 2pm CST, as they provide a brief overview of the new house bill 1154. They will discuss best practices and competitive advantages when structuring overall compensation & benefits for your leadership team and key physicians/providers (aka independent compensation consulting & total remuneration studies). Participants will be introduction to non-qualified deferred compensation solutions to enhance long term retention of top-level talent, as well as offset negative fallout from House Bill 1154.

Ryan is the Managing Partner/CEO of Modern Capital Executive Solutions in Boston, MA. A former Senior Partner of Stearns Financial Group & Regional Vice President of BFB Gallagher, he is recognized as an industry expert, in regard to non-qualified deferred compensation, and has just over 10 years of experience in the field. As the leader of Stearns Financial Group, he oversaw its geographic expansion from 5 to 46 states, development of complimentary service lines, and worked with clients whose net assets ranged from $10M to greater than $20B, allowing for a varied perspective in similarities and differences based on geography, size, and organizational design. Ryan works with hospitals and integrated health systems to develop comprehensive physician & executive compensation & long term incentives governance practices, assess current-state benefits and productivity relative to retention & peer groups, and the development of next-generation plan designs.

Alexander is a managing director in the Baltimore office. The former president and CEO of Yaffe & Company, he is a second-generation expert in executive compensation and has two decades’ experience in the field. As the leader of Yaffe & Company, he oversaw its geographic expansion from 10 to 37 states, development of complimentary service lines, and worked with clients whose net revenues ranged from $10M to greater than $1B, allowing for a varied perspective in similarities and differences based on geography, size, and organizational design. Alexander works with hospitals and integrated health systems to develop comprehensive physician compensation governance practices, assess current-state compensation and productivity relative to the market, and the development of next-generation plan designs.

This session is encouraged for CEO, COO, CFO and HR professionals, to register for this session, click here.

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