![]() "We are doing our very best to be nimble, responsive and supportive of our team members' needs as conditions rapidly change during the COVID-19 pandemic," Banner said. The senior leadership team has also contributed $100,000 to a fund that provides financial support to employees. The health system is also giving front-line staff a one-time bonus in July based on hours worked with COVID-19 patients in March, April and May.īeginning in May, Banner Health's senior leaders, including senior vice presidents, presidents, vice presidents and CEOs, will take a pay cut of up to 20 percent. Some may be furloughed for only a few weeks, the health system said.īanner said it will continue to pay for medical, dental and vision coverage for employees who are furloughed and those who choose to take a sabbatical. Banner anticipates 5 to 7 percent of employees will be furloughed. The health system is also pausing hiring for many positions, offering a voluntary unpaid sabbatical program, which 376 employees are participating in, and is implementing a short-term furlough program. "To date we have redeployed more than 1,500 team members to support COVID-19-critical needs throughout the organization," Banner said. The health system said it is redeploying employees who have seen a reduction in work due to elective surgeries and other nonurgent care being put on hold. Phoenix-based Banner Health on April 20 announced it is taking several actions in response to the COVID-19 pandemic, including executive pay cuts and redeploying and furloughing some staff.
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