Proposed Measure To Cap Hospital Execs' Pay Pulled From November Ballot
A proposed initiative that would have capped the pay of hospital executives in California will not be on the fall ballot.
The measure would have limited the compensation packages of hospital executives to $450,000 a year.
Union spokesman Steve Trossman maintains capping executive salaries makes sense.
“We believe that people who run a hospital should make a decent salary," he said. "But we don’t believe it’s reasonable for a hospital executive to make 3, or 4, $5 million a year, when they’re essentially running a charity.”
The Hospital Association argued limiting executive pay would have prompted top administrators to move out of California.
Trossman said the union will try to put a similar measure on the 2018 ballot.