Wage Hike by Largest Employer in Camden City and County Will Benefit 10% of Workforce
Cooper University Health Care Chairman George E. Norcross, III today announced the health system will increase the minimum wage it pays employees to $15 an hour, the first health system in New Jersey to make such a commitment to its full-time, part-time, and per-diem employees. The new minimum wage policy will go into effect on January 1, 2019, and will benefit approximately 10 percent of Cooper’s 7,500 employees, one third of whom are Camden city residents and over 450 of whom are Camden County residents. All other employee benefits and compensation will remain in place.
“We have an absolute obligation, as the largest employer in both the City of Camden and Camden County, to do the right thing and lead the way on providing a quality wage for our workers,” said George E. Norcross, III, Chairman of Cooper’s Board of Trustees. “In addition to being the right thing to do, we believe investing in our employees is a smart business decision that will pay dividends in the long run by helping us attract and retain talented people who will ultimately improve the health care experience for our patients.”
Patient service representatives, food and nutrition staff, and critical care technicians are among the workers who benefit from the hourly wage increase, which equates to $31,200 annually. Cooper anticipates the new policy will improve its ability to hire talented employees and reduce turnover in these positions.
“We are delighted that one-third of the employees who will receive a raise are Camden City residents and more than 450 are Camden County residents,” Norcross added. “It is important that as the city continues to rise and the private sector continues to invest here, that Camden residents benefit and that the new jobs being created are paying wages high enough to raise a family.”
Norcross also announced that he was sending a personal letter to the Chairman and CEOs of health care systems in New Jersey and Southeastern Pennsylvania calling on them to raise wages for its workers. In his letter, which was sent out today, Norcross noted that hospitals have an affirmative responsibility to support the communities they serve, and that raising the wages of its lowest paid employees will directly benefit people who live in and around their facilities.
Today’s announcement is just the latest investment that Cooper has made to help revitalize Camden, its hometown for over 130 years. In the last decade, Camden has undergone one of the most stunning turnarounds in history, with a nationally lauded drop in crime, including a 41 percent decrease in violent crime and a stunning 69 percent decrease in the homicide rate. The residents of Camden have also experienced dramatically improved student test scores across the city, an increasing graduation rate and decreased dropout rate, and more than $3.5 billion in new private sector investment, the lowest unemployment rate in almost three decades, and unprecedented investments in the city’s neighborhoods and its infrastructure.
Wendy A. Marano
Public Relations Manager