Following a compensation analysis, Cooperstown, N.Y.-based Bassett Healthcare Network will increase its workforce compensation by nearly $50 million.
Compensation Issues
New York state will begin providing bonuses of up to $3,000 to eligible healthcare and mental hygiene workers using the $1.3 billion allocated for the payments in the state's fiscal year 2023 budget, Gov. Kathy Hochul announced Aug. 3.
The Monterey Park (Calif.) City Council approved a $25 minimum hourly wage for workers at private hospitals, integrated health systems and dialysis clinics in the city, the San Gabriel Valley Tribune reported Aug. 2.
The December ransomware attack against Ultimate Kronos Group, a human resources management company, hindered the ability of several health systems' to process payrolls. Some hospital employees were overpaid after the attack, and health systems are trying to recoup the funds.
Three nurses have filed a lawsuit alleging that staffing company Maxim Healthcare Services defrauded them through a "take-it-or-leave-it" strategy that forced them to accept less pay or lose their jobs, Law360 reported Aug. 1.
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A union is pushing back amid a campaign by hospitals to repeal an ordinance recently signed by Los Angeles Mayor Eric Garcetti that establishes a $25 minimum hourly wage for workers at eligible privately owned healthcare facilities in the city.
The 45th annual "HCS Nursing Home Salary & Benefits Report," released July 29, has found nursing home registered nurses and nurses aides averaged a pay jump of 11 percent, McKnights Long Term Care News reported July 29.
Median total wages for physican assistants working in cardiovacular and cardiothoracic surgery in 2021 were $140,000, making it the highest paid specialty, according to the American Academy of Physician Associates 2022 Salary Report released July 29 and shared with Becker's.
The average salary for U.S. medical residents increased 16 percent between 2015 and 2022 but remained stagnant since the beginning of the COVID-19 pandemic, according to a new report from Medscape.
Chillicothe, Ohio-based Adena Health System plans to raise caregiver wages, including raising minimum wage to $15 an hour by the end of 2022.