OSF HealthCare making cuts to top executives’ salaries amid COVID-19 pandemic

Posted on April 8, 2020
OSF St. Joseph
OSF officials said top executives are having their salaries reduced by at least five percent, with some leaders taking a 10 percent reduction, according to a statement released Tuesday. (WJBC file photo)

 

By HOI ABC

PEORIA – OSF HealthCare has announced top executives are having their salaries reduced and plans to furlough some employees are in the works amid the novel coronavirus (COVID-19) pandemic.

In a statement released Tuesday, OSF officials said top executives are having their salaries reduced by at least five percent, with some leaders taking a 10 percent reduction.

“Moving forward for the short term, most non-patient-facing Mission Partners will be subject to mandatory paid time off or, in some cases, unpaid leaves of absence, during which they can apply for the enhanced unemployment benefits enacted by the government,” according to the statement.

However, those employees will keep their seniority and years of service and will continue to have benefits, including health insurance.

“For the past several weeks, OSF has continued to staff its facilities according to the volume of patients being cared for. As volumes have continued to decline, OSF has been reviewing all options, including moving Mission Partners on a volunteer basis to other areas of need during the crisis,” according to the statement.

WJBC News can be reached at [email protected]

Blogs

Labor Day – Expanding voting rights for all

By Mike Matejka Because of COVID, there is no Labor Day Parade this year.  It’s always a great event for our everyday workers to march proudly down the street and enjoys the festive crowd. If there had been a parade, this year’s Labor Day theme was to be “150 years of struggle: your right to vote.” …

Is federal mobilization the answer?

By Mike Matejka As President Donald Trump threatens to send federal marshals into Chicago, over the objections of Illinois Governor J.B. Pritzker, recall another Illinois Governor who protested the incursion of armed federal personnel into the city.   Those federal troops, rather than calming, escalated the situation, leading to deaths and violence. Illinois poet Vachel Lindsay…

In these troubled times, to my fellow white Americans

By Mike Matejka Our nation is at a unique watershed in human relations. African-Americans have been killed too many times in the past before George Floyd, but the response to this man’s death is international and all-encompassing. I was a grade-schooler during the Civil Rights 1960s. I watched Birmingham demonstrators hosed and the Selma – Montgomery…

Workers’ Memorial Day – Remember those whose job took their life

Looking around our community, when we say employer, most will respond to State Farm, Country, or Illinois State University.   We too often forget those who are building our roads, serving our food, or our public employees. COVID-19 has made us more aware of the risk.  Going to work every day for some people means…