Workforce Compensation and Performance Improvement Resources

The US Department of Labor recently announced that the salary threshold for exemption status will increase to $1,128/week. While the proposed ruling is not yet final, enactment is likely. As a result, organizations should start considering the impact of the rule and how to address it.

In this article, SullivanCotter provides initial guidance for health care organizations to consider – including an overview of the Final Rule, potential implications on employment arrangements, and steps to take as they develop action plans to move forward.

SullivanCotter’s Cathy Loose was recently featured in Healthcare Business Today to discuss how leaders can be more proactive in ensuring the right compensation programs and rewards are in place for all nurses.

Without a stable and engaged workforce, health care organizations are limited in their ability to truly transform. Learn more from SullivanCotter's President and CEO, Ted Chien, on how organizations can address the ongoing labor crisis.

As labor expenditure remains high due to ongoing health care workforce challenges, many hospitals and health systems are reevaluating the size and shape of their employee populations to offset rising costs and create a more affordable and sustainable workforce architecture. Learn about key findings from SullivanCotter’s 2023 Workforce Metrics Benchmark Survey.

Learn about emerging trends in employee compensation - including base hourly pay increases, internal minimums, premium pay and more - from SullivanCotter's 2023 Health Care Staff Compensation Survey Report.

2023 survey results show larger increases for primary care, medical and surgical specialties (each at 5%) and modest growth for hospital-based specialties (2.5%) for both base and total cash compensation (TCC).

SullivanCotter’s data represent the largest and most comprehensive physician compensation resource for health systems and hospitals, with findings reported on more than 306,765 physicians, APPs and PhDs.

Health care organizations and boards should continue to balance competitive talent markets with an uncertain performance environment.