Are nonprofit hospital execs overpaid? SEIU thinks you should have a vote (Oregon)

Portland Business Journal ^ | 02/12/2014 | Elizabeth Hayes

[aimhigh]

(Ballot) Initiative No. 39 seeks to limit nonprofit hospital executive compensation to 15 times the annual wage of the lowest paid employee. Current law sets no cap on compensation, but rather, it is considered reasonable if it is comparable to similarly situated executives, even those at for profit health organizations, according to a summary of the measure.

The measure would limit the share the hospital may contribute when the compensation is paid by a parent corporation, health system or combination. It requires annual public reports and authorizes civil penalties for violation.

[aimhigh]

If only the union would apply such standards to themselves.

[cuban leaf]

“Nonprofit” is a tax term.

Nothing more. Nothing less.

[FlingWingFlyer]

Workers should have a vote on how much the SEIU thugs are allowed to steal from the paychecks of hardworking Americans.

[Zathras]

SEIU shakedown to get all healthcare unionized under them.

[Organic Panic]

Or Moochelle Obama’s salary in Chicago.

[kingu]

Typical self serving SEIU idea - ‘limit’ executive compensation by raising the wages of union employees so that they can pull more money from dues.

But there’s a germ of an idea there - How about limiting government employee salaries and benefits to twice the average household income? I mean, how fair can you get? A person can make by themselves twice what an entire household of workers makes. Who couldn’t support such a thing?

Yep, drop that on the table and watch the fur fly.

[DManA]

If $50,000,000 too much to pay the head of the non-profit NFL?

[righttackle44]

I have been on the staff of an hospital in a non-medical capacity. If these idiots who keep making statements such as this one had to run a hospital a month, they would understand what a health corp or hospital CEO has to go through on a daily--even hourly, sometimes--basis. The federal state, local, associational, and medical, and non-medical laws, regulations, policies, guidelines, and suggested steps, and even mandated procedures that the hospital chief executive must try to get hundreds or even thousands of employees to comply with, is simply staggering. Those regulations, polices et cetera are often expensive, conflicting, and sometimes even illegal when compared with other legislation.

My guess is that these second-guessers would throw up their hands, throw in the towel, and throw up when confronted with the daunting tasks hospital execs must try to implement and execute daily before they can go home to dinner every night.