6:16 am July 5, 2011, by Henry Unger
Hospitals across the region are cutting staff and costs, but the six- to seven-digit compensation packages for the chief executives who lead metro Atlanta’s taxpayer-subsidized hospitals remain untouched, AJC writer M.B. Pell reports.
In fact, in most cases they’re growing, Pell writes.
Five of these CEOs made more than $1 million in the fiscal year ending in 2009, the last tax records available, Pell writes.
Here are two questions for you:
– Does the rationale that you have to pay CEOs such high salaries to attract the best people hold water to you — given the high unemployment rate and the number of execs out of work?
– Does it make a difference to you whether a hospital is tax-subsidized — like these are — or not when considering executive compensation?
- Henry Unger, The Biz Beat
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