{"id":1925,"date":"2022-12-12T00:00:00","date_gmt":"2022-12-12T07:00:00","guid":{"rendered":"https:\/\/www.vailhealth.org\/vail-health-spending-194m-in-2023-taking-big-steps-to-attract-and-retain-its-workforce\/"},"modified":"2022-12-12T00:00:00","modified_gmt":"2022-12-12T07:00:00","slug":"vail-health-spending-194m-in-2023-taking-big-steps-to-attract-and-retain-its-workforce","status":"publish","type":"post","link":"https:\/\/www.vailhealth.org\/es\/news\/vail-health-spending-194m-in-2023-taking-big-steps-to-attract-and-retain-its-workforce\/","title":{"rendered":"Vail Health spending $194M in 2023, taking \u2018big steps\u2019 to attract and retain its workforce"},"content":{"rendered":"

Vail Health is investing $194 million in comp and benefits for FY23, which is an incremental increase of $7.8 million over the previous year.<\/strong><\/p>\n\n\n

Vail Health’s mission for years has been to remain independent. But independence can be expensive.<\/p>\n\n\n

The Vail Health organization in fiscal 2023 will spend about $194 million on employee compensation and benefits. That starts with a $20 per hour minimum wage – although most employees earn more. It also includes creating 87 new housing units for employees, and funding benefits ranging from child care assistance to a recreation benefit and student loan assistance of up to $30,000.<\/p>\n\n\n

“We’re not just playing catch-up, we’re making forward progress,” Vail Health chief real estate development officer Craig Cohn said.<\/p>\n\n\n

Expanding services, adding more people, an exceptional local housing crunch and high inflation created the need for what Cohn called an “aggressive response” from the health care organization.<\/p>\n\n\n

Vail Health vice president of human resources Jennifer Law said the benefits package is part of a “holistic” approach to employee recruitment and retention. That approach intends to differentiate Vail Health from other valley employers, and other health care organizations.<\/p>\n\n\n