Los Angeles voters will decide next spring whether to clamp down on pay for hospital executives, capping their total wages and other compensation at $450,000 annually, after the Los Angeles City Council voted Wednesday to put the proposed measure on the March 2024 ballot.
The L.A. ballot measure is backed by a union representing healthcare workers, which argues pay for hospital executives has been excessive and out of line with the mission of providing affordable care.
SEIU-United Healthcare Workers West contends that hospital executives should not be making any more than the total compensation of the president of the United States, which the ballot measure states is currently $450,000.
April 2, 2023
“Health care executives receive lavish, million-dollar salaries far above the wages of health care workers, and patients struggle to afford basic care. The current compensation structure incentivizes wealthy executives to keep the system the same,” SEIU-UHW spokesperson Renée Saldaña said in a statement. “Excessive executive compensation diverts funds to a small group of individuals that could be invested in expanding access to high-quality, affordable care for everyone.”
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