This article was originally published by the Wall Street Journal on July 25, 2022.
1upHealth’s Emily Larsen was recently quoted in a Wall Street Journal article examining the competitive nature of pay incentives amid employees switching jobs for higher earnings.
“At companies hiring right now, there is almost a tacit acknowledgment that bringing in outside workers will now mean even bigger raises than in the past, say hiring managers. Some have tried other incentives, especially around remote work, but the question of pay is paramount.
And firms just have to move quicker, says Emily Larsen, director of human resources at 1upHealth, a health software company based in Boston. ‘There are definitely places that are going to pay those really high numbers,’ she said.
For those who switch jobs to earn more, there are considerable risks.
In recession years—most notably in the aftermath of the 2008 recession—job stayers posted greater wage growth than job switchers, as employers cut positions and those on the job hunt had far fewer opportunities.”
Read original article: Job Switchers Are Earning a Lot More Than Those Who Stay
About The Wall Street Journal:
The Wall Street Journal was founded in July 1889. Ever since, the Journal has led the way in chronicling the rise of industries in America and around the world. In no other period of human history has the planet witnessed changes so dramatic or swift. The Journal has covered the births and deaths of tens of thousands of companies; the creation of new industries such as autos, aerospace, oil and entertainment; two world wars and numerous other conflicts; profound advances in science and technology; revolutionary social movements; the rise of consumer economies in the U.S. and abroad; and the fitful march of globalization.
About 1upHealth:
1upHealth is the leading FHIR® platform that connects an ecosystem of payers, providers, patients, life sciences, and app developers within a trusted interoperability network. Unlike legacy enterprise companies, 1upHealth was created and built with the modern healthcare infrastructure in mind. The 1up FHIR® platform is serverless with cloud-native applications that transform data at enterprise scale with greater ease and simplicity to improve patient outcomes, drive population-level analytics and enable medical innovation. Founded in 2017, the company is connected to more than 10,000 clinical and payer endpoints with best-in-class FHIR® APIs. Gartner designated 1upHealth a “Cool Vendor in Healthcare Interoperability” for its FHIR® platform.
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