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James Glackin

James Glackin. “The Financial Planner” Northampton General Hospital. 3 Perspectives from Financial Management. The Multiplier Effect Key Dates for Implementation Pay Protection. The Multiplier Effect. Surgery with 10 House Officer’s on Band 2A (80%)

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James Glackin

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  1. James Glackin “The Financial Planner” Northampton General Hospital

  2. 3 Perspectives from Financial Management • The Multiplier Effect • Key Dates for Implementation • Pay Protection

  3. The Multiplier Effect • Surgery with 10 House Officer’s on Band 2A (80%) • 10 HO * 1.8 Basic Pay + Banding = 18.00 wte salaries Compliant Rota • 12 HO * 1.5 Basic Pay + Banding = 18.00 wte salaries

  4. Key Dates for Implementation • Date of Appointment by Deanery • Date of Rota Change • Date of Approval for Shadow Rota

  5. Pay Protection • Expectation of Earnings • Protected at Date of Rota Change • Incremental Credit on Payscale on Year of Change • No Right to Annual Uplift in Salary • Pay Protected on a Mark-Time Basis

  6. Key Benefits and Risks Affordable Additional Resources NC can be Hugely Expensive Cost Neutral Basis Better for Patient Compliance (Legal Requirement)

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