Park­land Health boost­ing its min­i­mum wage, funded by ex­ec­u­tives’ bonus pool

Modern Healthcare - - LATE NEWS - — Bob Her­man

Park­land Health & Hospi­tal Sys­tem will raise the min­i­mum wage of its en­try-level work­ers to $10.25 an hour—and ini­tially fund the boost from the bonus checks of ex­ec­u­tives.

The Em­ployee Re­la­tions Ex­ec­u­tive Com­pen­sa­tion Com­mit­tee at the Dal­las-based sys­tem an­nounced the plan last Wed­nes­day. Dr. Jim Dunn, Park­land’s ex­ec­u­tive vice pres­i­dent and chief talent of­fi­cer, told Mod­ern Health­care the cur­rent min­i­mum wage paid by Park­land is $8.78 an hour. The boost to $10.25 will put Park­land em­ploy­ees even fur­ther above Texas’ $7.25 min­i­mum wage, which matches the federal rate. The plan, ef­fec­tive July 1, will cost $350,000 its first year and will af­fect about 230 em­ploy­ees who pri­mar­ily work in en­vi­ron­men­tal, linen and di­etary ser­vices. The com­mit­tee had been meet­ing to iron out a pay-for-per­for­mance com­pen­sa­tion plan for Park­land’s 60 vice pres­i­dents and top lead­ers. The cost of the min­i­mum wage hike will be cov­ered from this up­com­ing quar­ter’s ex­ec­u­tive bonuses.

Park­land, one of the largest safety net health sys­tems in the coun­try, has been go­ing through a ma­jor over­haul of its ad­min­is­tra­tion af­ter sev­eral years of tur­moil. The min­i­mum wage de­ci­sion was part of the new lead­er­ship team’s de­sire to im­prove em­ployee morale and pro­vide a bet­ter liv­ing wage to front­line staff, Dunn said.

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