Big Announcement and Reason for Celebration
Dear Cook Children’s Employees,
We have some unbelievable news for you!
Please watch this short video from three of our leaders and let us know what you think.
All of the specifics that are mentioned in the video are below.
Thank you for all you are doing!
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Care Share FY21 Reward
Who: For all positions up through manager
Timing: Reward will appear on your Nov. 12, 2021 paycheck
Plan Effective Date: Oct. 1, 2020
Plan Term: Oct. 1, 2020 – Sept. 30, 2021
Plan Payout Date: Nov. 12, 2021
Achievement | Productive Hours (80.01 – 299.59)* | Productive Hours (300.00 – 1,142.59)* | Productive Hours (1,143.00 +)* |
Exceed CHA average/NCQA CAHPS | $75.00 | $250.00 | $500.00 |
*Minimum number of productive hours an employee must work
Other: All payments will be grossed up by 22% to cover Federal income taxes
Day of Thanks (up to 8 hours of PTO based on your FTE)
Who: Everyone who earns PTO will have hours added to their PTO bank
Timing: Nov. 26, 2021 paycheck
Eligibility:
- Cook Children’s active employee as of Nov. 11, 2021
- Eligible for PTO plan
- Hours will be based on Full Time Equivalent (FTE) status in Lawson
- FTE 1.0 = 8 hours PTO
- FTE 0.8 = 6.4 hours PTO
- FTE 0.5 = 4 hours PTO
- FTE 0.3 = 2.4 hours PTO
Questions about the PTO hours: askbenefits@cookchildrens.org.
3% Salary Increase
Who: For all positions up through director
Timing: Effective Jan. 2, 2022
Market and Salary Reviews & Adjustments for Thousands of Positions
Who: For all positions up through director
Timing: Now through the end of FY22
PACE Merit Increase up to 5% for Calendar Year 2022
Who: Everyone who has an annual PACE review (all positions up through director)
Timing: All of 2022 (calendar year 2022)
TRANSCRIPT OF VIDEO
WK: Hello everyone! Happy Fall!
I’m Wini King, Chief Communications, Inclusion, Diversity and Equity Officer.
KH: And I’m Keith Holtz, Chief Administrative Officer.
Over the last year and a half, our HR Compensation team has been reviewing salaries in the market and addressing equity concerns.
WK: And most recently, thousands of you completed the Open Arms Inclusion, Diversity and Equity Survey and the Patient Safety & Nursing Excellence Survey and told us your thoughts about salary ranges and pay equity. We want to thank all of you for all that you shared.
KH: That’s right, we've been doing our research, listening and talking to lots of you, and today we have an important update.
I hope you know that over these last 20 months, we've worked really hard to show you how much we care about you and how valuable you are to this organization.
WK: For sure! The $500 Super Hero Bonus, the Well-being day of PTO and the $500 Care Share reward in 2020, along with last month’s $1,000 Keeping the Promise Bonus are just a few of the ways our leaders have shown you they care.
WK TALK TO KEITH: Now Keith, let’s tell them about the meeting you had with Rick Merrill, our President and CEO, and the other senior leaders this week.
KH: Sure, let’s do that!
WK TO CAMERA: You can only imagine my face when I first heard what they decided to do and best of all we get to tell you ALL ABOUT IT!
Are you ready? Here goes…
This month, all employees (up through manager level across the system) will receive:
Up to a five hundred dollar Care Share reward, and anyone who accrues PTO will be eligible for the Day of Thanks when up to 8 hours of PTO is added to your PTO bank on Nov. 26. Yes, some cash and a day off for fun or rest and relaxation!
KH: That’s right, but that’s not all.
Would you believe it if I told you that all of you (up through director level across the system) will receive not 1, not 2 but a 3% pay increase effective Jan. 2, 2022? Yes, across the system for all positions up through director.
WK: Wow! Hooray for that!
KH: And how about this? Merit increases, as determined by your PACE score, will be increased from a maximum of 3% to a maximum of 5% in the calendar year 2022. You heard that right!
And last by not least, market and equity reviews are being conducted for all positions. Half have already been completed and more than 3,000 employees have received a market adjustment, and another half will be reviewed between now and the end of the fiscal year.
WK: I don’t know about you, but I was just about dancing when I heard all of this news.
I hope you are excited as I am and I hope you know how much joy it brings our leaders to be able to do this for all of you. You know what? Let’s have Mr. Merrill tell you himself.
RWM: Hello Cook Children’s! Wini is right, it means more than you know to be able to do this for you. After everything you have done for Cook Children’s and our families, you absolutely deserve it.
You are important, you matter and you are valued! After all, YOU are Cook Children’s!
Thank you for all you have done... and will continue to do... as you fulfill our promise, every single day, for all of the children and families we serve. I hope this news helps you and your family in a really big way.
From the bottom of my heart… THANK YOU!
KH: Thanks for that, Rick, and thank you for your leadership!
WK: Now, Cook Children’s employees: we want you to get out your calendar, text your best friend or loved one, and plan what you are going to do on your new day off.
Better yet, treat yourself to something really special because Mr. Merrill’s right: YOU ALL TOTALLY DESERVE IT!
KH: You sure do! I think I might go fishing again, Wini!
In all seriousness, all of the details about everything we shared today will be in your email and posted on CookNet.
Thank you for watching, and we hope you have a great day!