Cone Health to Raise Minimum Wage
The move is the next step toward raising the minimum wage to $15.
Cone Health will raise its minimum wage from $12 to $13. This becomes effective Feb. 3. The wage hike is another step toward Cone Health’s promise to increase its minimum wage to $15 over the next 2 to 3 years.
“This is further proof of our commitment to our employees and to the communities we serve,” said Mandy Eaton, executive vice president, people & culture, Cone Health. “The raise and the eventual move to $15 an hour further cements what the public already knows, that Cone Health is a great place to work.”
Like other organizations that operate with narrow margins, Cone Health plans carefully. That is why it is phasing in the move to $15 an hour. “We have to be certain that raises we provide are sustainable even when we face financial headwinds,” says Eaton.
Approximately 1,600 employees will benefit from the February increase. This represents a $1 million investment in employees. Cone Health continually reviews pay and benefits to remain an employer of choice in the communities it serves.