ECG worked with a nationally ranked, freestanding, acute care children’s hospital with academic and satellite community clinic affiliations on compensation methodology.
This leading children’s hospital has over 400 pediatric beds and provides comprehensive pediatric specialties and subspecialties to patients throughout the Northeast and the world. The organization has one of the world’s largest hospital-based pediatric research programs.
The Department of Anesthesiology, Critical Care, and Pain Medicine wanted to establish greater transparency and consistency in its compensation methodology and ensure that compensation reflected faculty members’ efforts across multiple missions. Leadership perceived that a lack of understanding of specific benefits and accrual schedules undermined the organization’s investment in benefits. There was also a pervasive belief that compensation inequity was tied to gender, which underscored the need for transparency and education in this area.
ECG was engaged to evaluate whether total compensation, including benefits and deferred compensation elements, reflected the full breadth and variety of provider effort and aligned with industry benchmarks. Additionally, the organization asked ECG to assess the compensation plan for gender equity, consistency, and transparency across all faculty members.At the conclusion of the project, ECG had:
