Thursday, July 29, 2021

University of Iowa Health Care offering ‘success’ payout to workers who lost compensation amid pandemic - Vanessa Miller, the Gazette

 As it promised, University of Iowa Health Care plans to reward more than 12,000 employees it required over the last year to either forfeit raises, absorb pay cuts, shed earned vacation time or take unpaid leave to ease its budget woes in the worst throes of COVID-19. The one-time lump sum payments — coming Sept. 1 if approved next week by the Board of Regents — will vary in amount depending on the eligible worker’s base salary as of June 30, 2021, according to documents made public this week. The payments will range from an average of $1,139 for workers earning an average wage of $37,953 to an average of $5,902 for faculty earning an average base salary of $196,738.

https://www.thegazette.com/higher-education/university-of-iowa-health-care-offering-success-payout-to-workers-who-lost-pay-amid-pandemic/