Recently hired CEO Tomi Ryba stands to make $695,000 per year plus bonuses. The SEIU-UHW said cuts to other employees’ benefits, health coverage and overtime pay accompanied by the executive compensation packages have led to their support of the cap, according to the report.
In response, hospital officials have said it “applies its salary and benefit policies to all employees equally based on market data,” according to the report.
The measure is slated to be on the Nov. 2012 ballot.
Related Articles on El Camino Hospital Executive Pay:
Employees at California’s El Camino Hospital to Propose Ballot Measure to Cap Executive Pay
New CEO at California’s El Camino Hospital to Earn $695K in Starting Base Salary
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.