SEIU Local 1

SEIU Local 1

March 26, 2010 07:00 ET

SEIU Local 1: Hospital CEOs Set to Collect Millions as Budgets Squeezed

TORONTO, ONTARIO--(Marketwire - March 26, 2010) - Hospital CEO pay is set to hit new records next week even as Ontario's hospital system is getting squeezed, according to the Service Employees International Union (SEIU).

"Frontline healthcare workers are being asked to show restraint at the same time hospital executives are pocketing six-figure bonuses," said Sharleen Stewart, president of SEIU Local 1.

The government said in the next week it would disclose the latest round of pay increases for healthcare executives, with salaries expected to spike to new highs.

Bob Bell's pay package at the University Health Network has already passed the $800,000 mark.

At Toronto East General Hospital, CEO Bob Devitt's compensation is soaring, with a leap of 49.7 per cent over four years. Yet the CEO will on April 1 close the hospital's physiotherapy clinic to save $300,000 a year.

Beaches-East York NDP MPP Michael Prue is fighting to save the clinic, but Mr Devitt is telling patients they are on their own.

Ms. Stewart asked: "How can a CEO's salary rise 50% when hospital budgets are only growing by 1.5%?"

Patients and hospital workers are bracing for more cuts to services after a below-inflation increase for the sector in the provincial budget.

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