Compliance Management
June 5, 2025

Understanding Compliance in Value-Based Compensation Plans

Value-based compensation plans focus on rewarding employees based on the quality of their work and their contributions to overall performance, rather than just the number of hours worked or items produced. Originally common in healthcare and insurance, these plans are now being adopted across various industries to incentivize outcomes instead of just output. In healthcare, for example, providers are rewarded for improving patient health, reducing readmissions, and promoting preventive care. In the corporate world, pay is linked to metrics like customer satisfaction, sales performance, and company growth, encouraging employees to prioritize long-term value creation. However, transitioning to these models can pose compliance challenges, as it’s crucial to ensure pay structures are fair, transparent, and meet relevant regulations.

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Understanding Compliance in Value-Based Compensation Plans

Compliance Management
June 5, 2025
Value-based compensation plans focus on rewarding employees based on the quality of their work and their contributions to overall perfo...
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Online Brand Marketing Compliance Management Solution

Compliance Management
June 5, 2025
Marketing compliance means sticking to a set of rules that keep your brand marketing consistent and legal across all platforms. It invo...
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Understanding the Role of Risk Management and Internal Audit

Risk Management
June 5, 2025
Internal audit is an independent review of an organization’s operations, systems, and controls. Its main goal is to ensure transparen...
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What Are Business and Corporate Ethics? Definition, Principles, and Types

Code of Conduct
June 4, 2025
Business and corporate ethics are the moral guidelines that shape how businesses make decisions and behave. At their core, business eth...
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Importance of Standardised Nursing Policies and Procedures for Patient Safety

Policy Management
June 4, 2025
Nursing policies and procedures are clear, evidence-based rules that guide how nurses provide care in healthcare settings. Policies cov...
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How to Implement NIST CSF: A Step-by-Step Guide to Strengthening Cybersecurity

Risk Management
June 4, 2025
The NIST Cybersecurity Framework (CSF) is a set of voluntary guidelines created by the National Institute of Standards and Technology (...
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Practical Strategies to Prevent Employee Theft in the Workplace

Policy Management
June 4, 2025
Employee theft occurs when an employee deliberately takes company resources for personal benefit, which can include physical items, cas...
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Understanding Enterprise Employee Relations & HR Case Management Tracking System

Case Management
June 4, 2025
A case management tracking system is a digital tool that helps organizations manage and monitor employee-related issues and HR cases fr...
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Compliance Audit Basics: A Quick Guide

Audit Management
June 3, 2025
A compliance audit is a formal review that checks if an organization adheres to laws, regulations, policies, and industry standards. Th...
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Steps to Identify and Measure Risk Management Techniques and Metrics

Risk Management
June 3, 2025
Risk management is the organized process of identifying, evaluating, and controlling potential events that could impact an organization...
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Differences and Methods in Substantive and Control Testing in Auditing

Audit Management
June 3, 2025
Control testing is a key part of the GRC and compliance audit process that evaluates how well an organization’s internal controls wor...
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8 Tips to Prepare Employees for an ISO Audit

Audit Management
June 2, 2025
An ISO audit is a thorough, independent review to check if an organization’s processes and systems comply with specific ISO standards...
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Effective Strategies for Key Control Compliance – Best Practices and Essential Steps

Compliance Management
June 2, 2025
Key control compliance involves processes and safeguards that manage access to sensitive assets, facilities, and data, ensuring only au...
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Understanding Pharmaceutical Compliance: Challenges and Best Practices

Compliance Management
June 2, 2025
Pharmaceutical compliance means that drug companies follow the laws, regulations, and ethical standards governing drug development, man...
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High Risk Areas for Compliance Issues in Healthcare In 2025

Risk Management
June 2, 2025
Compliance issues in healthcare occur when laws, regulations, or ethical standards are not followed properly. These violations can invo...
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