Novant Health raises minimum wage
WINSTON-SALEM — Novant Health recently announced an adjustment to its current minimum wage from $12.50 per hour to $15 per hour. This change benefits more than 2,000 team members and will be effective January 2021.
“Novant Health is dedicated to caring for our communities, starting with our own team members,” said Carl Armato, president and CEO, Novant Health. “Though we’ve adjusted our living wage over the past several years, we recognized an opportunity to further invest in our team members to ensure they have the resources they need to live and thrive in the communities we serve.”
In 2017, Novant Health implemented a minimum wage of $11 per hour in North Carolina, a rate based on local costs of living over and above the state-mandated minimum wage, commonly referred to as a living wage. In 2018, the living wage was adjusted to $12.50 per hour. Novant Health is committed to offering competitive compensation and benefits packages.
“This update to our living wage represents a $4.3 million investment in our team members,” said Carmen Canales, senior vice president and chief human resources officer, Novant Health. “We believe that offering a living wage improves the economic mobility of our team members and reinforces our commitment to attract and retain the best people to carry out our mission to improve the health of our communities, one person at a time.”