CMH/CMH Foundation announces wage adjustments
Citizens Memorial Hospital and the Citizens Memorial Health Care Foundation established a new minimum wage of $12.65 starting in November.
This is a multimillion dollar investment in wages for CMH/CMH Foundation employees and is on top of the recent merit increases employees received in October.
The new rates are designed to be market competitive after applying experience factors. These changes also increased the pay ceilings for many positions across the organization and allows for greater future opportunities of wage improvements going forward.
"This is a huge win for our employees," says Gary Fulbright, CEO/executive director of CMH/CMH Foundation. "All individual's pay rates were reviewed and rate increases were applied for positions that were below market competitiveness.”
According to Fulbright, almost 70% of CMH and CMH Foundation employees received a portion of this market adjustment.
In addition to the new base rate increases, CMH and CMH Foundation implemented revised salary schedules for applicant/new hires that will include credit for prior work experience up to 3% per year of experience (10 years max credit).
"This change allows us to be more competitive with wages by giving credit for relevant work experience," says Fulbright.
CMH continues to provide free health and dental insurance options to full-time employees, employer-paid term life insurance policy, matched savings plan and profit-sharing plan, employee health and wellness program, and paid time off. Additionally, employees receive at no cost group long-term disability coverage after one year of employment.
For more information about CMH and CMH Foundation, go to www.citizensmemorial.com.