The change will give around 230 employees of the Parkland Health & Hospital System a raise next month, according to ModernHealthcare.com. The lowest paid worker in the system currently receives $8.78 per hour.
The increase will cost the system around $350,000 per year, and is reported to be taken from the bonus pool of the company’s 60 vice presidents and top executives. That pool contains between $3 million and $5 million for the year.
“We really want, in any way possible, to break down any gaps or anything between the top leaders and those who are closest to our patients,” Dr. Jim Dunn, executive vice president and chief talent officer at Parkland, told ModernHealthcare.com. “We feel like it’s the right thing to do.”
News of the wage increase comes amidst significant political turmoil in Washington over the current federal minimum wage, which is $7.25 an hour. While at this point there are no plans to raise that amount, President Obama signed an executive order in February to raise the minimum wage of all federal contract workers to $10.10.
Parkland’s action falls in line with other companies voluntarily raising their minimum wage outside federal government mandates, and some states and other municipalities also have raised the minimum wage in their area. Will hospitals raising wages lead to better workers and work environments? Let us know how you think similar moves might affect your workplace!
When we discuss students, we always mention their qualities. Those qualities show what they are…
If you or someone you know is juggling mental health issues alongside substance abuse, understanding…
For the last couple of weeks, the Israel-Hamas conflict has taken over the news cycle.…
Our eyes are invaluable, serving as our windows to the world. The ability to see…
Undoubtedly, one of the most demanding and challenging professions is nursing. Nurses work long hours in…
Echocardiography, or echo for short, is a key diagnostic test used by cardiologists to assess…
