Compensation Issues

Despite the financial blows delivered to the country’s healthcare systems during the past two years, many organizations continue to operate in a predominantly fee-for-volume environment while slowly transitioning towards a value-based care model. However, its well known that you can’t…

After announcing raises earlier in January, Rochester, Minn.-based Mayo Clinic is responding to employees who were disappointed in the amount, according to the Post Bulletin.

Several states, hospitals and health systems have made investments to retain and recruit employees as the nation deals with a major workforce shortage.

Beaufort (S.C.) Memorial Hospital has created a homebuyer assistance program to help staff purchase a home or refinance mortgages, with up to $10,000 in assistance.

Rochester, Minn.-based Mayo Clinic will provide its employees with a 2 percent raise in 2022 with a 2.75 multiplier, which is the same as the raise they received in 2020 before the pandemic and less than the national trend, the…

Workers at 11 hospitals are still experiencing payment issues from the Dec. 11 ransomware attack on Kronos Private Cloud, according to news reports.

In 37 states, 10 percent or more of workers' median income goes toward health insurance premiums and deductibles, a Jan. 12 analysis by the Commonwealth Fund found.

University of Cincinnati Health has boosted minimum wage to $15 an hour and is providing market pay adjustments and an incentive program for employees, The Cincinnati Enquirer reported Jan. 10. 

Corpus Christi (Texas)-based Christus Spohn Health System is offering up to $20,000 sign-on bonuses at a nurse recruiting event Jan. 12. The event will be held at its Shoreline Hospital. 

A Dec. 11 ransomware attack of Kronos Private Cloud continues to delay pay for healthcare workers in three states, according to news reports.