WellSpan announces salary cuts for execs
WellSpan Health today announced salary cuts for its CEO and executive team in response to the COVID-19 pandemic. The cuts are voluntary short-term reductions for a good cause.
WellSpan President and CEO Roxanna Gapstur will have her salary reduced by 25%. Executive-level positions across the health system will take 10% cuts in pay. Those include executive vice presidents, senior vice presidents and Vice Presidents. The pay cuts start this month and last for 12 weeks,
WellSpan will use the temporary pay cuts to help employees experiencing financial hardships during the pandemic.
The new WellSpan Health Family COVID-19 Assistance Program helps cover mortgage or rent payments, utility costs and other urgent bills.
“COVID-19 is more than just a public health crisis; it’s also a financial crisis for millions of Americans,” Gapstur said. “As central Pennsylvania’s largest private employer, we know our team members are not immune from the financial impacts of this pandemic. Our executive team is doing its part to support our organization and our 20,000 team members during this trying time. We are in this together, and we’ll get through this together.”
About WellSpan Health
WellSpan Health is an integrated health system that serves the communities of central Pennsylvania and northern Maryland. The organization includes 1,600 physicians and advanced practice clinicians, a regional behavioral health organization, a home careorganization, eight hospitals, approximately 20,000 employees, and more than 200 patientcare locations. WellSpan is a charitable, mission-driven organization, committed to exceptional care for all, lifelong wellness and healthy communities. VisitWellSpan.org.