
SMDC Seeks Wage Freeze As Money Booms
Zenith City News
Abstract: St. Mary’s/Duluth Clinic (SMDC) is seeking to freeze wages and outsource entire departments, according to the union representing workers in ongoing contract negotiations. Meanwhile, despite their tax-free status, St. Mary’s made $28.7 million in 2007, the last year for which tax information is publicly available. Essentia Health, SMDC’s Parent Company, paid their CEO Peter Person just over $1.1 million in 2007. Compensation to executives and board members that year totaled over $6.1 million. By contrast, the average salary of a medical transcriptionist in Duluth is about $35,000 per year.
