Issue link: https://viewer.e-digitaledition.com/i/1446582
Rao Wealth Partners is an independent firm with securities offered through Summit Brokerage Services, Inc., member FINRA and SIPC. Advisory services are offered through Summit Financial Group, Inc., a registered investment advisor. Summit is an independent broker-dealer with client assets held at First Clearing, LLC (a wholly owned Wells Fargo subsidiary). Summit and its affiliates are under separate ownership from any other named entity. You can name every bone in the body, but you can't name a single investment in your retirement account. It's time for a change. (212) 257-5794 www.raowp.com Individual Stock Selection | Corporate Retirement Accounts | Educational Savings Plans THIR T Y PERCENT OF frontline hea lthca re workers have considered leaving the field, according to the 2021 Ka iser Family Foundation/Washington Post Frontline Hea lth Care Workers Survey. The same survey found that 59% of hospita l employees and 53% of office or clinic employees think their employer ha s fa llen shor t on providing ha za rd pay. Some hea lthcare organizations are trying to change that narrative. To recruit or retain clinicians and nurses, some organizations a re offering sign-on bonuses or ex tra pay in recognition of employees' ser vice during the pa ndemic. One exa mple is Penn State Hea lth, which is offering $15,000 signing bonuses to seasoned nurses, according to Becker's Hospita l Review (BHR). BHR a lso reports that Baylor Scott & White Hea lth is giving employees a $500 pandemic bonus. The issue of hazard pay for hea lthcare workers has caught t he at tention of law ma kers. Dur ing t he 2021 Ca lifor nia legislative session, a bill known as the Hea lth Care Workers Recognition and Retention Act proposed awarding full-time hea lthcare workers $10,000 in "hero pay." Employees would have received the bonus in four, $2,500 installments throughout 2022. Hospita ls and business groups opposed the bill due to its $7 billion cost, according to the Los Angeles Times, and the proposa l did not pass the Ca lifornia State Assembly, the legislature's lower house. n As Pandemic Persists, Healthcare Hazard Pay Proliferates BY THOMAS CROCKER FACED WITH SHORTAGES OF PHYSICIANS AND NURSES, HE ALTHCARE PR ACTICES AND HE ALTH SYSTEMS MAY FIND CANDIDATES INCRE A SINGLY INQUIRING ABOUT HA Z ARD PAY. M D N E W S . C O M /// M D N E W S L O N G I S L A N D ■ 2 0 2 2 P H Y S I C I A N R E C R U I T M E N T ❰❰❰❰❰ 1 9