SolutionHealth is investing $28 million in employee compensation that includes an increase in the minimum wage for all across the system to $17 per hour and many wage and salary adjustments for positions throughout the system, based on market data.
SolutionHealth includes Elliot Hospital and Southern NH Medical Center and related organizations, which together employ about 7,000 people in the region.
In a memo to all staff, President and CEO Sherry Hausmann thanked employees for their commitment to the health of the community and their dedication to patients and colleagues, before sharing the news.
“I am blessed and grateful to work here and proud to be an employee, said Anne Frechette, MSN, RNC-MNN, nurse manager at Elliot Hospital after hearing the news. “My staff has really been struggling lately and this will be a big win for them. [I] can’t tell you how excited I am to share this news with them."
This investment includes $13.2 million in the new minimum wage structure, $5.75 million in merit increases, and $9.5 million for labor market adjustments.
“I was blown away when I heard the news. This is truly life-changing for many across our organization” added Jason Carter, director of food services and environmental services at Southern NH Medical Center.
Employees will start seeing increases in their paychecks in October.
“SolutionHealth is committed to a compensation philosophy that offers employees competitive pay in the local market,” Hausmann said. "This investment is in our most important asset—our people.”
To attract new candidates, SolutionHealth is also offering sign-on bonuses for critical and hard-to-fill positions and has made additional investments in recruitment to support the onboarding process.