By Monica E. Oss Performance-based compensation is gaining traction in all sectors of the economy. In 2019, 84% of organizations offered variable pay as part of their compensation program. And 69% of organizations based rewards on a combination of organizational or unit success and individual performance. Variable pay as a percentage of base pay was 39% for executives, 17% for managers, 12% for exempt employees, and 7% for nonexempt employees (see Performance-Based Compensation: The Other Value Strategy). Our survey earlier this year found that 65% of specialty provider organizations had “some” performance-based compensation—43% involving clinical staff, 42% involving executive team members, 29% for business unit or…
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COVID-19 Risk Management Plan August 11, 2021

We are excited to return to sunny southern California for The 2021 OPEN MINDS Management Best Practices Institute at the picturesque Newport Beach Marriott Hotel & Spa, August 23-26, 2021. To help plan your in-person attendance, visit https://openminds.com/live-mbpi/ for a schedule of events happening throughout the week.

The resurgence of the COVID Delta variant has certainly created new challenges for the country and for our families. Fortunately, the available COVID vaccinations have been very successful in preventing symptomatic infections and illness. But I did want to let you know that our team at OPEN MINDS is committed to making our executive events as safe as possible and have an active risk management plan in place. I wanted to share with you the key elements of our plan:

We will continue to monitor any changes in the CDC recommendations for the continued safety of the public. If you have any concerns or questions, feel free to reach out to a member of our team at events@openminds.com or by phone at 877-350-6463. We look forward to seeing you at The 2021 OPEN MINDS Management Best Practices Institute.

Monica E. Oss
Chief Executive Officer
OPEN MINDS

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