With more than 15,000 employees in South Florida, Memorial competes for local talent not just with other healthcare providers, but with other industries as well. Its new minimum hourly wage, which invests an additional $2 million into its workforce, compares favorably to large organizations in retail, travel, and hospitality.
HOLLYWOOD, Fla., June 20, 2023 /PRNewswire-PRWeb/ -- Memorial Healthcare System, which employs more than 15,000 South Floridians, has raised its minimum hourly wage to $16. The increase positively impacts nearly 2,000 people, more than 10% of Memorial's workforce, and took effect earlier this month.
The increase was unanimously approved by commissioners of the South Broward Hospital District, the public healthcare system's governing board. It represents an additional investment of more than $2 million in the regional workforce.
"We've taken this step because we're dedicated to providing all members of the Memorial family with the resources they need to remain personally and professionally satisfied," said K. Scott Wester, president and CEO of Memorial Healthcare System. "By investing in our employees, we also invest in their families, and the larger South Florida community we serve."
The pay raise also increases the value of Memorial's benefit packages, including paid leave, disability leave, and contributions the system makes to employee retirement plans.
The minimum wage in Florida is scheduled to increase to $12/hour later this year. Memorial's previous minimum hourly wage for employees was $15.
With more than 15,000 employees in South Florida, Memorial competes for local talent not just with other healthcare providers, but with other industries as well. Its new minimum hourly wage compares favorably to large organizations in retail, travel, and hospitality.
South Florida-based Memorial Healthcare System (http://www.mhs.net) is a national leader in quality care and patient, physician, and employee satisfaction. Its commitment to deeper caring and smarter health prioritizes a person-centered approach that has delivered safe, positive outcomes for 70 years.
Featuring multi-disciplinary collaboration, research, innovation, and transparency within its many facilities, Memorial is focused on removing barriers, increasing access, and providing equitable care throughout the region. It employs a staff of more than 15,000 and operates six hospitals, numerous primary, urgent, and 24/7 care facilities, medical office buildings, a health specialty center, and nursing home.
To learn more, visit mhs.net and connect on Facebook, Twitter, Instagram, YouTube, and LinkedIn.
Media Contact
Yanet Obarrio Sanchez, Memorial Healthcare System, 954-265-1136, [email protected]
SOURCE Memorial Healthcare System
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