Attracting and Retaining Key Leadership Talent in Pediatric Organizations

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In the current marketplace for talent, pediatric hospitals continue to experience challenges related to executive recruitment and retention and are growing increasingly concerned about burnout among experienced leaders, planned and unanticipated resignations, greater search firm activity, employment opportunities outside the healthcare industry, and remote work presenting more non-traditional employment opportunities.

In early 2022, SullivanCotter conducted a pulse survey to help pediatric hospitals understand how their peers are addressing 2022 executive salary increase budgets and incentive awards for FY2021 performance. It also highlights other actions organizations are taking to support recruitment and retention.

In an article written for The Governance Institute, SullivanCotter’s Tom Pavlik, Managing Principal, shares data from the pulse survey, highlights key participant responses, and provides actions for pediatric hospitals to consider as they address executive recruitment and retention in an increasingly competitive healthcare environment.

Looking for additional data and benchmarks?

SullivanCotter recently released its annual Health Care Management and Executive Compensation Survey Report.

This year’s report includes data from more than 3,000 healthcare organizations on approximately 42,500 individual managers and executives. For more than 30 years, this survey has provided data-driven intelligence on executive and management compensation trends and pay practices to help inform impactful decision-making.