Print
More News

TOP STORY OF THE YEAR: Bonuses, Pay Bumps Address Work Woes

By Miriah Hamrick, posted Dec 16, 2022
MiKayla Carfello, a critical care nurse resident in training, checks equipment at Novant Health New Hanover Regional Medical Center. (Photo c/o Chris Warren/Novant Health)

Plenty of job openings and fewer applicants this year meant employees held the upper hand while employers offered higher wages, hefty sign-on bonuses and other perks to attract and retain workers.

At Novant Health New Hanover Regional Medical Center, hospital officials continued to navigate the nationwide nursing shortage. Burnout from the pandemic prompted nurses to quit or retire, while fewer nurses graduated from training programs.

Money is one tactic used by the hospital to lure talent. In May, the Novant Health NHRMC advertised $15,000 sign-on bonuses for nurses, with some positions eligible for up to $20,000. Still, in August the hospital reported capacity to add about 400 full-time nurses to their staff of 1,700 nurses. A Novant Health spokesperson said in December that the hospital has “substantially closed the gap” of vacant positions with more permanent and traveling nurses.

Novant Health NHRMC has employed other solutions, including emeritus nurses, or seasoned nurses hired to mentor newcomers.

Meanwhile, a coalition including business leaders, government officials, hospital leaders and representatives from area nursing programs met this year to discuss local solutions to the nursing shortage.  These discussions resulted in a move to purchase the former Bank of America building on North Third Street to expand Cape Fear Community College’s nursing program.

At CFCC, manufacturing production technician, distribution warehousing and machining applications courses were added in June. Another program, the Culinary Foundations course, is launching in January to create a pipeline of skilled line cooks.

Without a reliable labor pool, restaurants pared back menus and hours while they forged ahead with limited staff. “Now hiring” signs remained a ubiquitous feature on restaurant storefronts, while newcomer Blueberry’s Grill got creative with a Market Street billboard advertising their vacancies earlier this year.

High demand for hospitality workers translated to big gains in wages for that sector of the economy. In fact, hospitality workers drove double-digit wage gains in the Wilmington area over the past year, according to Mouhcine Guettabi, associate professor of economics at University of North Carolina Wilmington.

“A lot of the leisure and hospitality, a lot of the restaurants, experienced really high wage growth,” Guettabi said. “Why? Because they were experiencing labor force shortages and they were forced to increase wages.”

Ico insights

INSIGHTS

SPONSORS' CONTENT
Burrus rob headshot 300x300

Keeping Business Faculty Up to Speed with AI

Robert Burrus - Cameron School of Business - UNC-Wilmington
Cfss headshots parker robert webversion 21422121214

Duke Energy Will Pay You Up to $9,000 to Go Solar with a Battery

Robert Parker - Cape Fear Solar Systems
Untitleddesign7

Maximizing the Impact of Your HOA's Annual Meeting

Dave Orr - Community Association Management Services

Trending News

'Really Bad': Carolina Beach Business Owners Wade Through Aftermath Of Rare Flood

Cece Nunn and Jessica Maurer - Sep 17, 2024

Live Nation, City Officials Detail Greenfield Amphitheater Changes

Emma Dill - Sep 16, 2024

Vistage Recognizes Mingia With 2024 Impact Award

Staff Reports - Sep 17, 2024

Wilmington Trade Center Secures Two New Leases

Emma Dill - Sep 17, 2024

Nooner, Patterson Named Associate Deans

Staff Reports - Sep 17, 2024

In The Current Issue

Taking Employee Health To Heart

For each calcium test an employee completes themselves or shares with a family member, Monteith and Cape Fear Commercial donate a scan to so...


Road Warrior: DOT Engineer Signs Off

Chad Kimes has overseen major highway projects and smaller roadway improvements in Wilmington and its surrounding areas for the past 33 year...


City Officials Work On What’s Next For Skyline Center

“We really did our best to hit the ground running from that very first month of July, and things progressed methodically from there."...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season