Generic Hospice

When hospice reverts to the lowest common denominator and leaders obsess about metrics, it's time to speak. Self-inflated leaders assume clinicians give until their backs break, given no raises for years. A clinical ladder is a rainbow’s pot of gold. Others have a sorrier job and must be motivated by money. Abysmal leaders dangle extrinsic rewards for admission, hiring and EDBITA targets. “Sign on” bonuses entice people into a poor work environment. Employees’ voice equals their raise, zero.

Sunday, April 28, 2013

Gentiva Executive Pay Cut for 2012

StrangeTony,

I don't know how pay raises go at Generic Hospice, but employees have gone years without raises at Gentiva. That pattern looks to stay, especially if the people at the bottom get crumbs that fall from the executive table. Gentiva's SEC filings show:

Tony Strange, CEO
2011 pay - $4,012,982
2012 pay - $2,271,026
Down $1,741,956 or 43%

Eric Slusher - CFO
2011 pay - $1,626,777
2012 pay - $1,027,788
Down $598,989 or 37%

Jeff Shaner - Hospice Division President
2011 pay - $1,436,417
2012 pay - $ 814,868
Down $621,549 or 43%

It looks like another lean year for the Gentiva masses. Can't wait for the holiday parites...

Anonymous