How would the hospital reconcile a living wage policy with its current compensation system, which is driven mostly by market factors?

a) By gradually transitioning towards a compensation system that incorporates living wage considerations.
b) By implementing performance-based incentives to supplement wages for employees.
c) By conducting a thorough analysis of the financial impact and adjusting budget allocations accordingly.
d) By negotiating with stakeholders to find a balanced approach that addresses both living wage concerns and market factors.