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Allegheny Health Network to spend $92M on pay, benefit hikes
Pittsburgh, Pa.-based Allegheny Health Network said it will invest more than $92 million in pay increases and benefits. -
Tenet extends Ronald Rittenmeyer's contract for $750K a year
Ronald Rittenmeyer will serve as executive chair of Tenet Healthcare until the end of 2023 under an amended employment agreement entered into in late February, according to a filing with the Securities and Exchange Commission. -
Younger workers' wages growing faster than any age group
Among age groups, the youngest American workers are experiencing the largest wage gains as employers compete to fill staffing gaps in a tight labor market, The Wall Street Journal reported Feb. 28. -
Atrium Health investing $115M in employee compensation
Charlotte, N.C.-based Atrium Health is making a $115 million investment in employee compensation in response to the staff's work amid the COVID-19 pandemic. -
Washington health system invests $14.8M in employee pay, bonuses
To retain workers, Yakima (Wash.) Valley Memorial is investing $14.8 million in employee compensation and bonuses. -
17 'overpaid' healthcare CEOs
Despite many CEOs cutting their base salaries last year due to the pandemic, those moves had little effect on overall CEO pay, according to an annual report from the nonprofit shareholder advocacy group As You Sow. -
35% of healthcare establishments increased pay because of COVID-19
About 35 percent of healthcare and social assistance establishments increased wages and salaries, paid wage premiums or provided bonuses because of the COVID-19 pandemic, according to a Feb. 18 Bureau of Labor Statistics report. -
RN average hourly wage, salary for all 50 states — California tops list at $120K
Registered nurses in the U.S. make an average of $80,010 annually, but nurses in some states make much more than the mean annual wage, according to the Bureau of Labor Statistics. -
Average CEO pay by hospital type
Nonprofit hospital CEOs make an average of eight times more than workers without advanced degrees, according to an analysis by the Lown Institute of more than 1,000 hospitals. -
CRNA average hourly wage and salary for all 50 states — Oregon tops list at $236K
Certified registered nurse anesthetists in the U.S. make an average of $189,190 annually, but CRNAs in some states make much more than the mean annual wage, according to the Bureau of Labor Statistics. -
Gender pay gap over early career is 10% for academic physicians, study finds
Disparities in starting salaries for female and male academic physicians contribute to their earning potential throughout their career, according to a study published Feb. 18 in JAMA Network Open. -
CHS' top execs get pay raises this year
Tim Hingtgen, who has served as CEO of Franklin, Tenn.-based Community Health Systems since the beginning of 2021, will get a base salary of $1.25 million this year, according to a Securities and Exchange Commission filing. -
Gender pay gap for top execs at widest in 9 years
The gender pay gap among top executives at S&P 500 companies grew to the widest it's been since 2012, and the C-suite will not see gender payment parity until 2060 at the current rate, according to a new report from Morningstar. -
32% of healthcare organizations planning on giving raises of over 3%
Despite healthcare workers braving the worst of the pandemic, compensation isn't poised to improve compared to other industries, according to a new compensation survey. -
Wisconsin health system to boost minimum wage to $17
Madison, Wis.-based UW Health will bump minimum wage to $17 an hour, effective May 2022. -
Mayo Clinic employees to receive 4% raise after controversy
Rochester, Minn.-based Mayo Clinic will provide its staff with a minimum 4 percent raise after the system came under fire for a 2 percent raise announced in January, the Post Bulletin reported Feb. 15. -
Average CEO pay by hospital size
Nonprofit hospital CEOs make an average of eight times more than workers without advanced degrees, according to an analysis by the Lown Institute of more than 1,000 hospitals. -
5 recent investments in healthcare employee retention, recruitment
To boost employee retention and recruitment amid a drastic labor shortage, several hospitals, health systems and states are making major investments in the healthcare workforce. -
Sentara makes $125M investment in employee compensation
Norfolk, Va.-based Sentara Healthcare will make a $125 million investment in its employees in 2022 by offering $110 million in pay increases and $15 million in benefit enhancements. -
Maine distributing payments for bonuses for 20,000 direct support healthcare workers
The Maine Department of Health and Human Services said Feb. 9 that it will begin distributing $116 million for new-hire and retention bonuses for home- and community-based employees.
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