After implementing bold action in June to show our appreciation for our team members’ contributions, Texas Children’s has just announced a new retention program that will impact every employee below the director and physician level – including part-time and per diem team members, and Baylor College of Medicine staff based at Texas Children’s.
President and CEO Mark A. Wallace announced the 1-2-3 Retention Program this week as another step forward in the Tomorrow, Together investment that Texas Children’s has made in our people. The program is designed to celebrate our team members’ tireless work and recognize your commitment to staying with the organization to advance our mission forward.
How the 1-2-3 Retention Program works
- Retention Payment 1 on Sept. 17, 2021: Full-time team members will receive 1% of their salary or $500, whichever is greater, while part-time and per diem team members will receive 1% of their salary or $250, whichever is greater.
- Retention Payment 2 on March 18, 2022: Full-time team members who remain employed with Texas Children’s until this date will receive 2 percent of their salary or $750, whichever is greater, while part-time and per diem team members receive 2 percent of their salary or $375, whichever is greater.
- Retention Payment 3 on Sept. 16, 2022: Full-time team members who remain employed with Texas Children’s receive 3% percent of their salary or $1,000, whichever is greater, while part-time and per-diem team members will receive 3 percent of their salary or $500.
- Baylor Dates: Please note that payout dates for Baylor may vary based on their payroll schedule.
“Though our resilience may be tested, you prove time after time that our commitment to healthy women and kids will always be greater than our challenges,” Wallace said. “On behalf of our entire leadership team, please accept our 1-2-3 Retention Program as a way of honoring your loyalty to Texas Children’s, and for the compassionate care you help deliver every day for the women and children we serve.”
To download a handy chart about the 1-2-3 Retention Program, click here.
For answers to frequently asked questions about the Tomorrow, Together initiative, click here.