Under the new agreement, union employees will receive a 2 percent raise for this year, plus a $500 bonus payment to compensate for weeks worked so far this year without the raise. Union employees will also receive 2 percent raises in 2012 and 2013, according to the report.
Union staff members will also pay higher out-of-pocket maximums for prescriptions and physician visits and receive one free annual physical exam under the new accord. The hospital’s unionized nursing staff members are still working with hospital administration on a deal that would go into effect after the current deal expires at the end of the year, according to the report.
Related Articles on Hospital Management:
Johnston Health in North Carolina Seeks New Management Model
Shifting Cultures: A Change Management Guide for Hospital Leaders
Unionized Nurses at Backus Hospital in Connecticut Fight Nonunion Bonuses
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.