Luminis Health is making major investments to its workforce to help recruit and retain a highly-qualified and patient-centered workforce. The Board of Trustees has approved $29M for employee incentives, including salary investments and new and updated benefit offerings. These initiatives will impact approximately 6,700 employees in various ways throughout the health system.
“Throughout the pandemic, our employees consistently carried out the mission of Luminis Health– enhancing the health of the people and communities we serve through our RISE values (Respect, Inclusion, Service, Excellence),” said Tori Bayless, CEO of Luminis Health. “These financial investments will help Luminis Health stay competitive, as well as address staffing shortages that impact hospitals across the country.”
New and updated benefits include:
- Upfront tuition assistance payment
- Reducing wait time for short-term disability for all full-time employees
- Full-time health benefit premiums for most part-time employees
- Single Retirement plan for all Luminis Health employees
- New Registered Nurse (RN) Weekender Program to allow for flexible work shifts.
- Allows for non-weekender nurses to work less weekends
- Bonus for full-time bedside RNs with more than 20 years of experience
- College loan repayment program for full-time bedside RNs who have three years of service, up to $10,000 per year maxing at $30,000
This bold plan allows Luminis Health to provide compensation adjustments that are more competitive in the ever-changing market. These adjustments include:
- We’re raising our minimum wage to $17 per hour
- Realigning compensation for high demand, high vacancy positions in support services and allied health.
- Increasing the starting salary for newly graduated nurses.
- Additional bonuses for various nursing positions based on salary and hours worked.
“One of the bold goals of Vision 2030, the health system’s new Strategic Plan, is to become the #1 employer of choice in the region where 100% of team members find joy at work,” said Manny Ocasio, chief human resources officer at Luminis Health. “By making these investments in our workforce, we can attract top talent and retain highly-skilled employees. Many of these benefits will take effect immediately and will be implemented by the first of January.”