Do you know how much $$$ your Hospital CEO makes in one year?

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tewdles, RN

3,156 Posts

Specializes in PICU, NICU, L&D, Public Health, Hospice.

Just wanted to go on record laughing out loud about the notion of prosperity trickling down from the CEO suite to the nurses of the hospital.

LOL

lkulmann

133 Posts

Just wanted to go on record laughing out loud about the notion of prosperity trickling down from the CEO suite to the nurses of the hospital.

LOL

A response from management fer sur....lol

jan286

181 Posts

The hospital I work for in CT, the CEO makes over $300,000-and she talks about how she is the lowest paid CEO in CT (which makes sense since she works for the smaller hospital in CT)...I can't remember the exact amount...345,000 maybe?

MN-Nurse, ASN, RN

1,398 Posts

Specializes in Med Surg - Renal.
Check out Unionfacts.com to see how much our union officials make. I think the top compensation for the Minnesota Nurses Association is about 149,000. Not too bad for a company with 71 employees. How many employees and how much in assets are these CEO's responsible for?

I want the guy who signs my paycheck to be doing well, that trickles down to me. If he isn't doing well, that also trickles down to me.

Interesting. Disdain for the people who work for you and reverence for a single overpaid person at the top. Remember when North Memorial Hospital's CEO was caught in a prostitution sting on his wife's birthday? Did you enjoy how he trickled on you?

North Memorial CEO arrested in prostitution bust | StarTribune.com

Even after that episode, they simply found another overpaid lump to slide right into his position at a same or higher salary.

Executive pay has gone insane in the last few decades and the skyrocketing benefits of CEOs (whose compensation is determined in boards made up of other CEOs) has NOT led to better conditions for rank and file workers.

DizzyLizzyNurse

1,024 Posts

Specializes in Peds Medical Floor.

Our CEO made $1.1 million before bonuses. After bonuses he made $2.36 million. Our contract is coming due. They want to charge the employees, patients, and visitors for parking. (In addition to decreasing staffing, pay, etc.)

Overland1, RN

465 Posts

...Remember when North Memorial Hospital's CEO was caught in a prostitution sting on his wife's birthday?...

Così fan tutti? Most likely not, but that one could probably afford it... at least until he lost his job. Then there is the "Honey... I'm home, and guess what I brought you!" :dummy:

Expecting the unions to achieve lower salaries for CEO's is not realistic, but I guess it lends a feeling of purpose and accomplishment to some of the followers.

MN-Nurse, ASN, RN

1,398 Posts

Specializes in Med Surg - Renal.
Expecting the unions to achieve lower salaries for CEO's is not realistic, but I guess it lends a feeling of purpose and accomplishment to some of the followers.

It isn't a primary concern or goal of my union and there is no evidence of them spending any resources on the effort. The redistribution of wealth - upward - is what is actually happening and should be a concern to the country.

shermrn

147 Posts

Interesting. Disdain for the people who work for you and reverence for a single overpaid person at the top. Remember when North Memorial Hospital's CEO was caught in a prostitution sting on his wife's birthday? Did you enjoy how he trickled on you?

North Memorial CEO arrested in prostitution bust | StarTribune.com

Even after that episode, they simply found another overpaid lump to slide right into his position at a same or higher salary.

Executive pay has gone insane in the last few decades and the skyrocketing benefits of CEOs (whose compensation is determined in boards made up of other CEOs) has NOT led to better conditions for rank and file workers.

First off I don't kid myself by thinking the union works for me, it's a buisness, they work for themselves and have nicely cornered the market. Have you looked at how difficult it is to remove a union from your place of employment, nearly impossible. Also, by fighting right to work laws they have eliminated any chance they would have to compete for your union dues. You people complain about others making more money than you and somehow feel it is unfair. Tell me how fair is it that a buisness exists that forces you to be their customer? With right to work laws at least I have a choice of whether or not I want to join the union, if they are truly working for me then I'll join and they get my dollars and support. You liberals simply fail to accept that some people in this society are going to be more successful than others. If you wanted to earn big bucks you should have applied yourself and gotten a job that pays that. Instead you became a nurse, knowing what nurses earn. Did someone force you to become a nurse, were the classes in buisness administration more expensive than the nursing classes, forcing you to only earn the degree you could afford. Consider that what nurses make may be considered to be insanely high compared to what the pharmacy tech or house keeping staff earn. Do you see them protesting that you're paid too much and you should be able to get by with less? You people on the left need to wake up and realize you've been sold a bill of goods, you've been duped over the past hundred years by a political party whose only goal is to stay in power. Read your history people, get it from a variety of sources. The democrats have been using you to keep their grip on power, you are nothing more than pawns in their game. Look at other countries where socialism is the norm, look at their qulity of life. Look at the economy of California if you need an example in your own back yard. The Republicans are not the answer either, read the Constitution, the founding documents, find out what this country was meant to stand for. Get involved on the side of liberty, don't buy into the liberal trap so many of you have been sucked into.

lkulmann

133 Posts

@Sherm~ you are off a bit...let's back up a bit...I am all for making money and being successful. Knock yourself out. Its all good. The issue is States are making budget cuts in healthcare anticipating the ACA in 2014. The CEO's make millions. They get paid to manage huge assets and responsibilities. I would think that these CEO's would make cuts to the staff that are overpaid and not indisposable, double negative intended. Instead we have a CEO that openly states that patient safety will be jeopardized if cuts to healthcare budgets are made. For 1+million, I would think we could get a little more creative in money management...isn't that WHY they make so much $$$$$???? I mean don't taxpayers pay that salary?

Overland1, RN

465 Posts

It isn't a primary concern or goal of my union and there is no evidence of them spending any resources on the effort. The redistribution of wealth - upward - is what is actually happening and should be a concern to the country.

The unions, even if they could, would not change this, as it is yet another issue upon which to base division among people. Government does it, unions do it, and those who follow either or both seem content with it... human nature to some extent.

Like any business, hospitals that pay their administrators too much will likely fail at some point (breaking point); unfortunately, this will happen, but then there will need to be a re-evaluation from within (if possible).

Specializes in FNP, ONP.

These are paltry sums. The CEO of our group has a salary of $4million, and last year took home a bonus of over $10million. This is a physician who never completed a residency, lol. Nice work if you can get it! He does his job well. We are a very profitable company. I got all the new equipment I requisitioned, a large salary increase, very generous bonuses, and a new fancy desk chair, so I cannot complain.

I think there are people in our group who could complain, and justifiably so. The MAs and front desk staff are not paid all that impressively. I suspect the physical plant people are not paid handsomely either. We did restructure their health insurance to cut them a huge break, but cash on the table? um no, not really.

lkulmann

133 Posts

These are paltry sums. The CEO of our group has a salary of $4million, and last year took home a bonus of over $10million. This is a physician who never completed a residency, lol. Nice work if you can get it! He does his job well. We are a very profitable company. I got all the new equipment I requisitioned, a large salary increase, very generous bonuses, and a new fancy desk chair, so I cannot complain.

I think there are people in our group who could complain, and justifiably so. The MAs and front desk staff are not paid all that impressively. I suspect the physical plant people are not paid handsomely either. We did restructure their health insurance to cut them a huge break, but cash on the table? um no, not really.

What is 'physical plant people' and what country are you from? Typically, nurses or healthcare workers are not referred to that term in the US...

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