Gov. Malloy said hospital executive salaries today were a microcosm of the Wall Street mentality.
“The hospital industry is emblematic of what’s happened in executive compensation in the United States, where the multiple of the lowest-paid employee to get to the salary of the highest-paid employee has just exploded over the last 30 years,” Gov. Malloy said in the Journal Inquirer report. “Wall Street had a lot to do with that. No one’s a long-term investor anymore.”
More Articles on Hospital Executive Compensation:
12 Statistics on Hospital CIO Compensation in 2012
For-Profit Hospital Executive Compensation in the Past 5 Years: 46 Statistics
New Salinas Valley Hospital CEO to Receive Lower Salary Than Predecessor