The COVID-19 pandemic intensified hospitals' reliance on travel nurses to address staffing shortages and highlighted the gap between full-time workers' pay and lucrative temporary contracts. In the third year of the pandemic, hospitals continue to rely on travel nurses and grapple with…
Compensation Issues
Fortune and marketing agency NewtonX, recently surveyed 81 CFOs on their attempts to offset rising costs caused by high inflation.
Ordinances establishing a $25 minimum hourly wage for workers at private healthcare facilities are on hold in Los Angeles and Downey, Calif., as those cities seek to verify signatures petitioning to block enactment of the measures.
U.S. market volatility erased $3.4 trillion from 401(k)s and IRAs in the first half of 2022, making for an anxious time for many workers trying to plan their retirements.
St. Charles Health System in Bend, Ore., is asking employees to pay back roughly $2 million it says they received in overpayments, Oregon Public Broadcasting reported Aug. 12.
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An increasingly competitive marketplace for talent at U.S. hospitals and health systems and recovery from the onset of the COVID-19 pandemic are affecting healthcare executive compensation, according to a survey conducted by consulting firm SullivanCotter.
The average weekly travel nurse pay in July in the U.S. was $2,997, up 12 percent from $2,681 during the same time in 2021, according to a report from Vivian Health, a national healthcare hiring marketplace.
Providence healthcare workers in Northern California said they have lost hundreds to thousands of dollars due to payroll errors that the health system has not resolved in the contractually required 48 hours.
Employees of the now-closed Santa Cruz Valley Regional Hospital in Green Valley, Ariz., are seeking answers about pay they say they were promised but never received, the Arizona Daily Star reported Aug. 7.
There are differing views as to the future of wages and contracts for traveling nurses among healthcare executives, MedPage Today reported Aug. 4.