Retirement Resources

  • Webinar: 2012 Executive Compensation Trends at Non-Profit Hospitals & Systems

    Added 5/30/12 Resource Categories: , , , , , ,

    In conjunction with the results of our 2012 Executive Compensation Survey for Hospitals & Systems, Yaffe & Company conducted a webinar to discuss the results observed in recent years. Alexander Yaffe, President, and Bernie Westfall, past President & CEO of West Virginia United Health System and Senior Consultant, explained and analyzed:

    • Trends Analysis:   Base Salaries, Variable Pay Opportunities, Benefits, SERPs, and more for CEO, CFO, CMO, CNO and HR Executive.
    • Outlook for 2013
    • 990 & Handling Media Inquiries
    • Physician Compensation Governance

    View Presentation (slides only)      View Presentation (recording & slides)

  • The Expanding Role of the Compensation Committee

    Added 1/6/12 Resource Categories: , , , , , , , ,

    Rian and Alexander Yaffe co-authored a Monograph for the Center for Healthcare Goverenance focusing on the evolving role of the Compensation Committee.

    Historically, CEO compensation often was set by the hospital board chair or a small group of board leaders, with little or no input from the rest of the board. Even as compensation committees started to perform their roles more thoroughly, the full board was not made aware of the committee’s work or results. In recent years, increased regulatory requirements, the revised Internal Revenue Service (IRS) Form 990, media attention and general public scrutiny have focused board attention on executive compensation. The Patient Protection and Affordable Care Act of 2010 (ACA), which links Medicare payments to clinical quality measures and the patient’s overall care experience, has further sharpened the focus on hospital, and therefore executive, performance. These trends and the introduction of performance-based variable pay plans have added goal-setting for and performance evaluation of the organization’s chief executive to the duties of the Compensation Committee. In this context, the role of the board’s Compensation Committee has expanded, in scope and importance, beyond setting top executive salaries. The committee has become responsible for clarifying a health care organization’s strategic goals and aligning their accomplishment with compensation.

    Today, the committee’s role continues to expand, as it is being called upon to oversee succession planning and senior executive bench strength development. It now performs virtually all important human resource functions related to the organization’s top executives.

    Request a Copy of the Monograph

  • Navigating Succession Planning, Leadership Development, and CEO Transition

    Added 12/28/11 Resource Categories: , , , ,

    Because of the increasing complexity of the healthcare world, it is important for Board leadership to understand the bench strength of the executive team. Leaders promoted from within provide organizational continuity which can enable a smoother transition. This session will provide you with the tools to assess the bench strength of your executive team, identify areas where leadership development is necessary, and develop emergency and long-term succession plans.

    View Presentation

  • The Transitioning Leader: A Guide for Human Resource Executives

    Added 11/21/11 Resource Categories: , , , ,

    The need for broad leadership development of hospital executive talent is greater today than it has ever been. Hospitals have become extremely complex organizations with accountability to a diverse number of stakeholders and CEOs will be retiring in unprecedented numbers in the next five to ten years. This session will explore trends in hospital and health system CEO retirement and outline the steps to disciplined succession planning and CEO transition processes, including bench strength assessment, development plans, emergency succession plans, transition timetables, and stakeholder input.
     
     
    View Presentation (slides only)      View Presentation (recording & slides)

  • “Transitioning Leadership: A Guide for Human Resource Leaders” HR Pulse, Summer 2011

    Added 6/27/11 Resource Categories: , , ,

    Hospital and health system CEOs are aging, and in the next few years they will retire in unprecedented numbers. At the same time, the increasing complexity of healthcare means it will take aspiring CEOs longer to prepare for the position.  Hospital governing boards are responsible for appointing the CEO, but HR executives can, and should, play an important role in ensuring the success of the transition.

    View Article

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