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You can pay people fixed monthly salary + overtime hours. You don’t need to cut their hours and their pay, though that’s often the choice that employers make.
by runnerup 5y ago
You can pay people fixed monthly salary + overtime hours. You don’t need to cut their hours and their pay, though that’s often the choice that employers make.
- munk-a 5y agoExactly, choosing to cut hours or pay due to a lull in business is a choice made by the employer. It's not like these hospitals are sputtering along right at the fringe of solvency and one bad choice will bankrupt them - private health providers tend to make pretty comfortable profit margins and the fact that they can pay such outrageous surge prices for travel nurses is a pretty clear proof of how much they have to spare.
- nradov 5y agoMany hospitals literally are sputtering along right at the fringe of solvency. This is particularly a problem with non-profit hospitals in poor and rural areas. Summer have shut down in recent years, and the pandemic is accelerating that trend. https://www.beckershospitalreview.com/finance/12-latest-hospital-bankruptcies-closures.html https://www.beckershospitalreview.com/finance/12-latest-hosp...
- munk-a 5y agoSome hospitals are sputtering right along, and a list of 12 isn't a great piece of evidence that those hospitals (many of which are run by regional organizations which are essentially consolidating patient pools into a central location) are being run effectively - especially if these hospitals are paying 10k/week for travel nurses. If there's a location that isn't profitable to operate a hospital in then the hospital will probably fail. America is the country still clinging to market-driven healthcare services and the market can be a cruel mistress. And all that doesn't at all erode the fact that nurses are paid pauper's wages at extremely profitable hospitals - some tech companies are going out of business, some probably closed their doors today... that doesn't mean that all engineers are expected to work for 60hrs/week at $15/hr.
- nradov 5y agoThat article was just a recent example. If you search around you can find many other hospitals which have closed down or gone through bankruptcy in recent years. https://www.gpb.org/news/2022/04/08/wellstar-closing-er-hospital-beds-at-struggling-east-point-site-still-seeks-partner https://www.gpb.org/news/2022/04/08/wellstar-closing-er-hosp... https://www.post-gazette.com/opinion/editorials/2022/04/04/crisis-rural-health-care-nurse-strike-ellwood-patient-safety-act/stories/202204050012 https://www.post-gazette.com/opinion/editorials/2022/04/04/c... In 2020 the US median salary for an RN was $75K. That was well above the median household income. Hardly pauper's wages. Most hospitals are not extremely profitable. In fact the majority are run by governments or non-profit organizations. https://www.kff.org/other/state-indicator/hospitals-by-ownership/ https://www.kff.org/other/state-indicator/hospitals-by-owner... Tech companies will pay engineers as little as they can get away with. Expectations have nothing to do with it. Wages are set by the market.