Mercy Health System is furloughing workers, eliminating positions, and announcing pay cuts to workers at campuses across four states.
The furloughs will begin next week and if needed, through July.
A statement from Mercy says those furloughed will continue to receive health insurance and may be provided an additional 80 hours of pay through Mercy’s crisis PTO Fund.
Mercy says the eliminated positions will occur at every level of the organization.
Leaders are taking a 26% pay cut.
401k and 403b contributions and matches will not be made this year and merit increases may be delayed.
Mercy says no one will be hired into open positions in the near future without approval from senior leadership.
You can read the whole statement from Mercy below.
“Like other health care systems across the country, Mercy is taking difficult steps to address the heavy economic consequences of the COVID-19 crisis. Starting next week and through the end of July as needed, we will begin furloughing co-workers across Mercy’s four-state service area. Health insurance will be continued throughout the furlough period, and an additional 80 hours of pay may be provided through Mercy’s crisis PTO fund. Mercy is also eliminating positions at every level of the organization, impacting every department and every community we serve. In doing so, we will provide severance packages to help care for our co-workers and their families. At this time, Mercy is unable to provide numbers as we are still working to keep as many co-workers employed as possible.
In addition to these measures, all leaders will earn up to 26% less this year than last, with the most significant reductions at the senior level. For all co-workers, 401k/403b service contributions and matches will not be made for 2020 and annual merit increases may be delayed, as well. No one will be hired into open positions for the foreseeable future without approval of Mercy’s senior leadership.
Our hearts go out to those impacted by these changes and the unprecedented impact of this global pandemic.”
