StrangeTony,
Kindred's board loaded up senior management's stock coffers one last time before the big sellout. Kindred President Ben Breier received $500,000 in stock as the buyout nears. Kindred at Home's David Causby got $250,000. Employees have to wait until corporate vultures take over to learn whether a raise is in the works. Many at our hospice site have gone years without a bump up in pay. I'm confident TPG and WCAS have the ability to take the heart out of hospice.
Anonymous (from Kingly Kindred where executives dine royally)
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.
Also, too:
ReplyDeletehttps://www.axios.com/humana-executive-bonuses-charity-1520452566-439fa7d0-fa21-460c-bc29-26dbca05730d.html
And not only do we not get raises but they take 20% of our hard earned annual incentive bonus.
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