Oct 22, 2019
Health Catalyst Response
6yThank you very much for sharing your detailed review and perspective. I appreciate it, and find it resonant, both in terms of the positive experiences you shared, and in terms of the specific gap that you identified around us not yet having a geographic differential incorporated into the salary ranges we have established. This has been an issue we've been aware of for some time, and have had on our list of items we would like to improve, but were not able to include it among the additions for the 2019 planning process. We were able to add a series of benefits that we could fit within our financially sustainable framework for 2019, including one item that will benefit team members in high-cost-of-living areas at likely a more-frequent level than other team members, related to the 1.5% annual increase that will occur in January 2020 for team members who are currently at or above the 75th percentile salary range for their position. This is more likely to be the case for team members in higher cost of living areas.
We have another proposal on our list for consideration as part of the 2020 planning cycle, which would, in effect, offer an increase to the salary ranges, by approximately 20%, for team members in cost-of-living areas that are greater than 120% of the cost of living of the Salt Lake City area. This change, if we can fit it into the 2020 plan, would take effect with the annual salary increase cycle that will occur in January 2021. I'm hopeful we can incorporate this into our 2020 plan, while also staying within our financial sustainability framework for the year. We'll discuss this in tomorrow's all-team-member meeting, and keep team members apprised of what we're able to include in the approved plan for 2020. As we've discussed before, we have to "earn the right" to add benefits to team members, through strong sustained performance, and we are delighted to add benefits as this occurs. Thank you for your direct contributions to this performance, and thank you for your patience as we work to improve in this important area. Best, Dan