California system launches $100K RN incentive program

Escondido, Calif.-based Palomar Health has launched its new $100,000 registered nurse incentive program to recruit and retain staff, according to an April 10 news release shared with Becker's

Under the program, Palomar Health's currently employed and newly eligible RNs will receive up to $100,000 over a three-year commitment period. Newly hired RNs will also receive a sign-on incentive.

"Nurses are such a critical and important part of the healthcare experience, and this program is going to demonstrate our commitment to them," Palomar Health CEO Diane Hansen said in the release. "It doesn't just say how much we value and appreciate them; it proves it by offering them $100,000 to be part of San Diego's best and California's biggest healthcare district. Part of our 'Reimagining' brand strategy is reimagining the way we compensate and reward our team. We're committed to doing things differently, to get the best results for community."

For current internal staff, the commitment window for the program began April 3 and ends April 21, Palomar Health said. RNs who join the health system team between April 10 to July 17 also qualify for the program. Newly hired RNs who started before April 10 are also eligible to enroll in the program during the April 3 to April 21 window.  

Palomar Health has an 800 square-mile service area and includes two medical center campuses.

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