• California hospital CEO takes voluntary pay cut

    Matthew Matthiessen, CEO of John C. Fremont Healthcare District in Mariposa, Calif., took a salary reduction this year after requesting that the board of directors continue a pay cut that he had started to take shortly after the COVID-19 pandemic hit in March 2020, the hospital announced in a news release.
  • UAMS chancellor gets 33% pay increase

    Cam Patterson, MD, chancellor of the Little Rock-based University of Arkansas for Medical Sciences, was approved for a 33 percent pay increase by trustees, the Arkansas Democrat Gazette reported Nov. 18.
  • Nursing salary grew 4% in 2021

    The average annual salary for registered nurses, excluding bonus pay such as overtime, climbed about 4 percent since Jan. 1 to $81,376, according to healthcare consultants Premier, which examined salaries of about 60,000 nurses for The Wall Street Journal.
  • Former Sanford Health CEO got $49M payout after abrupt departure

    Kelby Krabbenhoft, the former president and CEO of Sanford Health who abruptly departed in late 2020, received a more than $49 million payout, according to federal tax documents obtained by Forum News Service.
  • Starting salaries for MBA grads spike 

    The unique business challenges created by the pandemic have made companies more willing to pay up for those with the right skills, as MBA graduates saw their median income soar, The Wall Street Journal reported Nov 15. 
  • Advocate Aurora Health invests $93M to boost minimum wage

    Advocate Aurora Health will invest $93 million to boost its minimum hourly wage, the health system said Nov. 11.
  • Wyoming health system CEO terminated by board gets $675K payout

    The former CEO of Campbell County Health in Gillette, Wyo., has received $675,000 as part of her contract-obligated severance package. 
  • Overlake Medical Center invests $23M in workforce

    Bellevue, Wash.-based Overlake Medical Center & Clinics is investing $23 million in its workforce, which includes retention bonuses and a minimum wage increase.
  • DCH Health System offers nurses $18K sign-on bonus

    To recruit more employees, Tuscaloosa, Ala.-based DCH Health System is providing nurses with an $18,000 sign-on bonus, WVUA 23 reported Nov. 8.
  • 4 hospitals, health systems boosting employee wages

    As hospitals and health systems struggle with staff retention, some are increasing wages to attract employees.
  • Maine hospital raises minimum wage to $17 an hour

    To improve retention and recruitment, Bangor-based Northern Light Eastern Maine Medical Center is increasing its minimum wage to $17 an hour, which will affect nearly 2,000 employees, the Bangor Daily News reported Nov. 5.
  • 5 trends in employee compensation

    As healthcare organizations struggle with employee burnout and staff retention, they're making several changes to compensation.
  • 7 hospitals offering employee bonuses

    Amid staffing strain during the COVID-19 pandemic, many facilities are offering their employees bonuses to attract and retain staff and thank employees for their work.
  • Augusta Health to invest $10.6M in employee compensation

    Fishersville, Va.-based Augusta Health will spend $10.6 million on employee compensation improvements, which go into effect Dec. 5.
  • 92,000 UPMC employees to receive $500 bonus

    All 92,000 staff members of the University of Pittsburgh Medical Center are set to receive a $500 bonus to thank them for their work during the COVID-19 pandemic.
  • Wages showing signs of inflation

    As prices continue to rise with inflation, some wages are also increasing. However, economists aren't predicting the classic wage-price spiral that historically occurs to keep inflation high, The Wall Street Journal reported Oct. 31. 
  • Cleveland Clinic, MetroHealth up incentive pay to nurses

    Cleveland-based health systems are offering incentive pay to nurses as they face staffing challenges amid the COVID-19 pandemic, according to cleveland.com, a news and information website.
  • Tech firm provides all hospitals with competitive nurse pay data

    Hauppauge, N.Y.-based Hallmark Health Care Solutions is providing hospitals with real-time reports of hourly nurse rates and other healthcare rates, according to an Oct. 21 news release obtained by Becker's.
  • Washington hospital gives staff $625 bonuses after vaccine deadline

    Confluence Health in Wenatchee, Wash., is investing about $2.62 million in its employees by giving $625 bonuses to those who stayed on the job after the vaccination deadline, KPQ reported Oct. 21.
  • State questions spike in Nuvance Health CEO's compensation

    Nuvance Health reported a net loss of over $130 million last fiscal year while President and CEO John Murphy, MD, took home $12.8 million in fringe benefits, the News-Times reported Oct. 21.

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