WellSpan brass take temporary pay cut amid pandemic
WellSpan's top executives are taking pay cuts, freeing cash for a fund meant to assist employees financially harmed by the COVID-19 pandemic.
Temporary salary reductions for a 12-week period effective this month will allow WellSpan Health to contribute to a new financial assistance fund — the WellSpan Health Family COVID-19 Assistance Program.
The salary changes will affect all executive-level positions across the health system, according to a news release.
Roxanna Gapstur, president and CEO of WellSpan Health, is taking a 25% reduction in salary, and all executive vice presidents, senior vice presidents and vice presidents will have their salary reduced by 10 percent.
That money will help cover mortgage or rent payments, utility costs and other urgent bills for employees who have been hit hard during the pandemic, the release states.
“As central Pennsylvania’s largest private employer, we know our team members are not immune from the financial impacts of this pandemic," Gapstur said in a news release May 11.
"Our executive team is doing its part to support our organization and our 20,000 team members during this trying time. We are in this together, and we’ll get through this together," she added.
Editor's note: This story was updated May 18 to reflect the correct spelling of WellSpan president and CEO Roxanna Gapstur's name.