Wake Forest Baptist Medical Center has increased its living wage from $11 an hour to $12.50 an hour.
An estimated 1,460 employees, or about nine percent of Wake Forest Baptist’s staff will benefit from the increase and will cost $1.7 million for fiscal year 2019.
“As the Triad’s largest employer, we are committed to taking care of our employees and their families. When our employees feel valued and supported, they can focus on caring for our patients,” said Julie Ann Freischlag, M.D., CEO of Wake Forest Baptist Medical Center and dean of Wake Forest School of Medicine. “We continuously look for ways to attract and retain highly qualified employees who are committed to our mission of improving the health of those in our communities.”
This decision is part of an overall goal to progressively increase the living wage to at least $15 an hour over the next several years.