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People are mad that in a crisis an amount large money was given to executives who are already very well compensated and also not on the front lines, rather than
by sgillen 3y ago
People are mad that in a crisis an amount large money was given to executives who are already very well compensated and also not on the front lines, rather than to the frontline workers.
- VagueMag 3y agoIn fact, hospital staffing levels fell after the initial outbreaks of SARS-CoV-2 and had not fully recovered two years later. Meanwhile, it was considered everyone's personal obligation to undertake every possible manner of precaution to avoid infection so as to protect the putatively "overloaded" hospital systems.
- ChuckNorris89 3y agoEven in my EU country, with a decent public healthcare system, the staffing shortages have increased post-covid and are only getting worse. The irony is that the staff shortages are further amplifying the shortages, as stressed out staff is leaving the field and youngsters want to avoid this profession when they hear about the stress of dealing with the shortages. It's like the rolling snowball effect. The obvious solution is to pay staff much more, but with what money? We can't print anymore cheap money as we're already in an inflationary environment and we can't raise taxes any further as people already pay enough taxes and we've already committed more money to the military after the Russian invasion. Politicians are in a pickle.
- undersuit 3y ago>but with what money? "As COVID raged in New York hospitals, executives pocketed $73M in bonuses" Found the money.
- ChuckNorris89 3y agoEU hospital bosses don't get those insane payouts.
- undersuit 3y agoEuropean Hospitals still work with-in a capitalist market. I am a little jealous that you guys try to do things over there: https://www.competitionpolicyinternational.com/eu-bars-bailed-out-companies-from-paying-bonuses/ https://www.competitionpolicyinternational.com/eu-bars-baile...
- 2OEH8eoCRo0 3y agoA crisis is exactly when you need good executive management though isn't it?
- VagueMag 3y agoI don't see any evidence that was actually in supply though. The executive leadership seems to have done nothing to interrupt the rampant overuse of ventilators or remdesivir, both of which were actively harmful to Covid patients. They also all lined up behind the vaccine mandates which had absolutely zero benefit in reducing transmission and aggravated the staffing problems. They're far more deserving of pink slips than bonuses.