COVID-19: Managing Human Capital and Ensuring Sustainability

COVID-19: Managing Human Capital and Ensuring Sustainability Featuring data from SullivanCotter’s recent COVID-19 research

Tuesday, June 16, 2020
1 - 2 p.m. Eastern; noon - 1 p.m. Central; 10 - 11 a.m. Pacific

Hospitals and health care systems across the United States face significant financial and workforce challenges resulting from the COVID-19 pandemic. As this situation continues to evolve, organizations will need to review compensation-related practices across their workforce to identify modifications required to support changes in deployment and organizational sustainability while also ensuring the wellbeing of employees and patients. 

In this webinar, you’ll learn how health care organizations are adjusting their compensation practices and human capital strategies in response to COVID-19. We will present data from recent SullivanCotter research highlighting the impact of COVID-19 on related practices for executives, physicians, advanced practice providers (APPs) and other health care employees. We will also share SullivanCotter’s interpretation regarding how the human capital landscape may change key components of talent management and total rewards after the crisis subsides.

Attendees Will Learn:

• Emerging workforce compensation practices that organizations have implemented or are considering implementing to help address the financial and operational issues related to COVID-19.
   
• Specific practices for physicians and APPs, such as premium pay for those on the front lines, salary guarantees for other providers, paid time off (PTO), redeployment, extra shifts and more.
   
• Specific practices for executives and other employees, such as emergency PTO, premium pay, deferring salary increases or implementing temporary reductions, revisiting incentive plans to reflect current situation, re-evaluating retention incentives and more.
   
• How changes in the regulatory landscape have already impacted or may impact decision-making around compensation practices.
   
• What the post-COVID-19 human capital landscape may look like

SullivanCotter Speakers:
Courtney Dutton
Principal, Physician Workforce Practice
Minneapolis

Andrew Lewis
Managing Principal, Executive Workforce Practice
Denver

Mark Ryberg
Principal and Physician Workforce Practice Leader
Minneapolis

Stephanie Wilson
Senior Consultant
Chicago