Examining the Implications of Increasing Executive Pay Scrutiny
The executive talent market remains highly competitive as the demand for leadership with the necessary skills and experience to lead through such unprecedented times continues to outpace supply. This is driving up executive compensation in an already competitive market.
PRESS RELEASE | Health Care Organizations Deploy Cost-Cutting Initiatives as Labor Costs Grow
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.
INFOGRAPHIC SERIES | Workforce Metrics Benchmark Survey Insights
Discover how the size, shape and cost of your health care workforce compares to the market with data from SullivanCotter's growing Workforce Metrics Benchmark Survey database. Learn more from our recent series of infographics.
Case Study | Co-Sourcing: Don’t let critical compensation initiatives fall to the wayside
Learn how SullivanCotter worked with one organization to address time and resource constraints by assisting with compensation planning, management of annual survey submissions, and the delivery of additional strategic and operational support as needed.
Case Study | Transform Your Operations with Co-Sourcing
SullivanCotter recently stepped in to provide support to a client who was not satisfied with their previous co-sourcing relationship – which caused them to fall behind on compensation management.
INFOGRAPHIC | Academic Medical Center Compensation Trends
Learn how your academic medical center compares to national benchmarks with data-driven insight into pay levels, productivity, work effort allocation and more.
ARTICLE | Physician Practice Valuations – The Evolving Asset Approach
Partnering with a firm specializing in health care valuations helps organizations ensure accuracy, compliance, and alignment with strategic growth goals.
Reevaluating Health Care Executive Compensation to Support a Diversified Business Strategy
Discover the essential role that tailored compensation strategies play in the growth and success of diversified health care organizations. Understand the nuances required to incentivize, recruit, and retain leaders in this increasingly competitive sector.
INFOGRAPHIC | 2023 Physician and APP Compensation Trends
Learn more about median TCC increases for physicians and APPs by major specialty grouping over the past five years.
INFOGRAPHIC | 2023 Total Rewards Pulse Survey
SullivanCotter recently surveyed 82 health care organizations to see how total rewards strategies are evolving in response to an increasingly competitive marketplace for talent.
INFOGRAPHIC | APP Workforce Insights – Inpatient Cardiology
Learn more about work expectations, models of care, billing practices and more for APPs within Inpatient Cardiology.
INFOGRAPHIC | APP Workforce Insights – Outpatient Cardiology
Learn more about work expectations, models of care, billing practices and more for APPs within Outpatient Cardiology.
ARTICLE | Co-sourcing Strategic Compensation Management Initiatives
As health care organizations continue to struggle with ongoing clinical workforce shortages, it’s important to note that other non-clinical roles and shared services departments are facing similar staffing challenges. If in-house compensation and human resources teams are finding themselves overburdened or understaffed during such an unprecedented time, co-sourcing can provide interim support to help alleviate any constraints in timing, resources, recruitment or experience.
PRESS RELEASE | Median Hourly Rates Up by Over 5% for Health Care Employees
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.
INFOGRAPHIC | 2023 Health Care Staff Compensation Survey
SullivanCotter’s 2023 Health Care Staff Compensation Survey features data from nearly 1,630 participating organizations on more than 600 jobs and approximately 1.4 million individual employees.
ARTICLE | Assessing Pay Equity
In an article published by the American Association of Provider Compensation Professionals, SullivanCotter outlines how health care organizations can effectively monitor, measure and achieve pay equity.
Instituting Layoffs Amidst a Labor Shortage
Despite continued labor shortages in vital patient-facing roles and the post-COVID “great resignation,” many health care organizations have had to consider layoffs in the past year. Human resources professionals are experiencing numerous operational pressures, often including an increased push to reduce labor costs. As these teams grapple with balancing increased burnout, turnover, and staffing shortages with a need to cut costs, they seek alternative strategies to address these challenges.
PRESS RELEASE | 2023 Advanced Practice Provider Compensation and Productivity Survey
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).
INFOGRAPHIC | 2023 APP Compensation and Productivity Survey
Advanced Practice Providers (APPs) continue to play a critical role in enhancing patient access, lowering the cost of care, and addressing the growing physician shortage.
ARTICLE | Studying the Effects of Pay Transparency
Many states have enacted pay transparency laws that are intended to enhance the visibility of compensation practices to job candidates and current employees.