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.
Friday, December 19, 2014
Slusser Latest to Exercise Executive Options
StrangeTony,
Gentiva Chief Financial Officer Eric Slusser exercised his stock options for a profit of $760,000. His remaining stock holdings are valued at $4.6 million. Susser's stock option sale occurred nearly two weeks after a number of Gentiva leaders. This wait cost Slusser over 25 cents per share in proceeds. He left over $22,000 on the table. How many Gentiva employees work for a year for that level of pay? I bet that number would fill a lot of buses.
Also, the buyout vote for Gentiva shareholders will occur on Thursday, January 15, 2015. It will take a Gentiva wreck for the deal to not go through.
Anonymous (from Gentiva)
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As a Gentiva employee, I have been watching this blog for some time and there are a number of questions and comments that have entered into my mind that I would love to address with who ever still follows this blog.
ReplyDelete1. It seems that most of the posts are written by one individual
2. The owner of the blog must be a bitter current employee or past. If it's a current employee, I believe there are ways you could spend your time to assist in changing a culture you believe to be so bad. If your so unhappy why would you stay?
3. My personal experience and maybe its different in other parts of the country is that we have great region leaders who believe in the mission, patients and employees. I am on the West and maybe my perspective is different, but we have great leadership on the West Coast and I would encourage you to speak to the folks on the left side of the country.
4. It also seems that folks no longer to care to comment since Kindred purchased Gentiva. There seems to be a great deal of interest in wanting to transfer all of the negativity to the next company
5. Who ever writes this blog is obviously well educated and we'll written and I guess I don't understand how/why there can be so much hatred. The health care world is changing and though many of us would love to go back 20 years, it's just not the world we live in today.
rubbish
DeleteI've worked for Genitva for 7 years and have had exactly 1 raise and 1 bonus. Yea, there's a bit a negativity toward the company when the Executives are taking all of the profits and not sharing with the employees.
ReplyDelete