Compensation Issues

Sponsored by VMG | 214.369.4888

  • Allegheny Health Network employees to receive COVID-19 bonus payments

    About 12,000 employees at Pittsburgh-based Allegheny Health Network will receive bonus payments as part of a new program in recognition of their work during the COVID-19 pandemic.
  • COVID-19 hazard pay common for health workers outside US

    Some countries are rolling out national hazard pay policies for nurses and other front-line health workers putting their lives at risk amid the COVID-19 pandemic — but not the U.S., according to The Washington Post. 
  • More companies center cost-cutting strategies on 'shared pain' than in past downturns

    The corporate impulse to reduce salaries, especially at senior levels, to avoid layoffs is more widespread compared to the last recession, according to The New York Times.
  • Sentara executives, physicians take pay cuts

    Senior leaders, executives and physicians at Norfolk, Va.-based Sentara Healthcare are taking pay cuts to help address an anticipated $778 million shortfall against projected revenue due to COVID-19, the organization confirmed to Becker's Hospital Review.
  • Physician compensation increased in 2019: 5 things to know

    Compensation for most physician specialties continued to increase in 2019, according to the Medical Group Management Associations' annual Provider Compensation and Production Report. 
  • Mount Sinai cuts crisis pay

    Mount Sinai Health System in New York City has cut crisis pay for its employees, a Mount Sinai spokesperson confirmed to Becker's Hospital Review.
  • This just in: Male physicians continue to outearn female counterparts

    Medscape released its annual Physician Compensation Report May 14, noting that in line with the past decade of its analysis, male physicians continue to earn more money than female physicians — 25 percent more in primary care and 33 percent more in specialty care, to be precise. 
  • 10 states with highest average physician salaries

    Physicians in Kentucky earn the highest average salary in the U.S., according to a new Medscape survey.
  • Rush to cut executive pay

    Citing losses related to the COVID-19 pandemic, Chicago-based Rush University System for Health plans to implement executive pay cuts and suspend bonuses, according to The Chicago Tribune.
  • Loyola Medicine CEO, physicians take pay cuts amid pandemic

    Leadership and faculty physicians at Maywood, Ill.-based Loyola Medicine will take three-month pay cuts in response to the COVID-19 pandemic, CEO Shawn Vincent said in an interview with Becker's.
  • 20 physician specialties ranked by annual compensation

    Before the coronavirus pandemic, primary care physicians earned an average of $243,000 and specialists earned an average of $346,000 — up 2.5 and 1.5 percent, respectively, from 2019. 
  • UPMC, Allegheny Health end COVID-19 payroll policies

    UPMC and Allegheny Health Network, both based in Pittsburgh, have largely returned to normal payroll operations after temporarily adjusting them earlier during the COVID-19 pandemic, they confirmed to Becker's Hospital Review.
  • 10 highest-paying states for nurse practitioners

    Nurse practitioners have the highest average annual salary in California, according to the most recent U.S. Bureau of Labor Statistics data.
  • WellSpan Health CEO takes 25% pay cut

    The CEO and other executives at York, Pa.-based WellSpan Health will take pay cuts in response to the COVID-19 pandemic, the health system announced May 11.
  • Providence CEO takes 50% pay cut

    The CEO of Providence and other executives will take pay cuts through the end of the year due to steep revenue declines the Renton, Wash.-based health system has seen amid the COVID-19 pandemic, a spokesperson said in an email to Becker's.
  • Northwestern says some employees no longer eligible for COVID-19 bonuses

    Chicago-based Northwestern Medicine informed some employees May 7 that bonuses they were set to receive due to their work amid the COVID-19 pandemic would be taken back because they were no longer eligible for the special compensation program, according to the Chicago Sun-Times.
  • Advocate Aurora CEO takes 50% salary cut

    Jim Skogsbergh, the CEO of Milwaukee and Downers Grove, Ill.-based Advocate Aurora Health, will take a 50 percent salary cut for at least the next quarter, according to Milwaukee Business News.
  • HCA extends executive pay cuts

    Nashville, Tenn.-based HCA Healthcare's executive team will take a 30 percent pay cut until at least June 30, according to a filing with the Securities and Exchange Commission. 
  • 5 best, worst states for nurse pay

    California is the top-paying state for registered nurses, according to May 2019 U.S. Bureau of Labor Statistics data.
  • Highest-paid CEOs in 2019: Who made the list from healthcare

    Nineteen healthcare CEOs made Equilar's annual list of the 100 highest-paid CEOs at the largest U.S. companies.

Featured Whitepapers

Featured Webinars