Mayo Clinic to End Pay Cuts, Recall Workers
ROCHESTER, Minn. — Mayo Clinic is ending pay cuts that the Minnesota-based health system imposed to deal with a patient downturn caused by the novel coronavirus.
The Star Tribune reports Mayo plans to restore pay and return furloughed workers this summer.
In April, Mayo announced plans to cut pay to more than 20,000 employees and seek furloughs when elective surgeries were halted in anticipation of a surge in COVID-19 patients.
The clinic was projecting a possible $3 billion loss in 2020. But Mayo says patient volumes reached 80% to 90% of normal by mid-June, which was a quicker-than-expected recovery.