Estimated annualized cost of $3.31 million
DANVILLE, PA -- Officials at Geisinger announced today the implementation of a $10 per hour minimum hire rate and increases to shift differential and on-call rates, effective September 6, 2015. The estimated annualized cost for these increases is approximately $3.31 million.
“It is important to maintain our long history as a high quality employer and even more important to take care of our employees who are providing excellent care to our patients,” said Amy Brayford (right), Geisinger Chief Human Resources Officer. “Our decision to increase these rates as part of our overall competitive compensation and benefits programs will help us to continue to retain and hire the best employees.”
In addition to raising the minimum hire rate, some employees will receive an adjustment to move them higher in the pay range.
Over 1,000 employees will be positively impacted as a result of the change to the minimum hire rate, ranging from $500 to $4,000 annually with an average increase of $1,400 per year for full time employees. Sample job titles receiving increases include but are not limited to dietary aide, housekeeping aide, care assistant, image scan operator, receptionist, file clerk, home care aide, personal care assistant, environmental services worker, food service worker, patient transporter and hospitality shop aide.
For most non-union employees throughout the health system the shift differential will increase from $1.50 per hour to $1.75 per hour for both second (evening) and third (night) shifts and the on-call rate will increase from $2 per hour to $2.50 per hour. Areas with shift differentials or on-call rates that are already equal to, higher or are covered by a contract will remain at the current rate.
Overall, Geisinger spends approximately $1.9 billion annually in wages and benefits for its employees. A recent report by The Hospital and Healthsystem Association of Pennsylvania (HAP) indicates that Geisinger annually contributes more than $8.9 billion to the local, regional and state economy in wages and purchases from Pennsylvania suppliers and other businesses.
Geisinger is committed to making better health easier for the more than 1 million people it serves. Founded more than 100 years ago by Abigail Geisinger, the system now includes 10 hospital campuses, a health plan with more than half a million members, a research institute and the Geisinger College of Health Sciences, which includes schools of medicine, nursing and graduate education. With more than 25,000 employees and 1,700+ employed physicians, Geisinger boosts its hometown economies in Pennsylvania by billions of dollars annually. Learn more at geisinger.org or connect with us on Facebook, Instagram, LinkedIn and Twitter.