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Marshfield Clinic announces budget cuts targeting salaries, benefits

Salaries, benefits targets of $13M in reductions

10:53 PM, Mar. 7, 2014
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Marshfield Clinic announced Wednesday in an email to employees budget cuts that will affect salaries and employee benefits.

The email outlined the budget cuts effective April 1 through Sept. 30, including a 5 percent pay cut for physicians and employees who make more than $125,000 annually, elimination of a 2 percent staff salary raise previously scheduled for April 1 and discontinuance of a 1 percent 401(k) match.

Marshfield Clinic president Dr. Brian Ewert said the cuts, which will save the Clinic about $13 million, were designed to have a fairly immediate impact on keeping the current ...

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