20130603-NEWS--1-NAT-CCI-CL_--
5/31/2013
3:53 PM
Page 1
$2.00/JUNE 3 - 9, 2013
Firms ante up for talent the economy grows. Counteroffers are extended most frequently for skilled positions in sectors such as manufacturing and information technology, where talent is hard to find and companies know the cost of replacing workers — potentially hiring a recruiter, training a new employee and losing productivity — is likely higher than beating another’s offer and retaining an existing employee, recruiters say.
Headhunters and HR executives say improving economy leads more companies to make counteroffers to keep key employees By MICHELLE PARK mpark@crain.com
Wilson Revehl is fending off the “poachers” as best he can. Over the last year, three of his 14 employees received offers to leave Go Media, a web design and development firm in Cleveland’s Ohio
City neighborhood that Mr. Revehl co-founded. In two cases, he couldn’t compete with the pay dangled before his employees, but in a third, he counteroffered — and won. Go Media is among those Northeast Ohio employers that increasingly are using the weapon of the counteroffer to stop others from
pilfering their talent. The bidding wars come after years of layoffs and stagnant pay at many employers. Headhunters and human resources executives predict the number of counteroffers will build from here as baby boomers retire, fresh talent is needed and employers’ confidence in
INSIDE Advanced look for RVs A Willoughby company’s line of luxury motor homes takes a Mercedes-Benz Sprinter the size of a delivery van and turns it into a six-figure house on wheels. PAGE 3
See EMPLOYERS Page 8
ANALYSIS
Another healthy giant is growing Catholic Health Partners’ acquisition of Kaiser adds to its formidable local base
LOCKED DOWN
By TIMOTHY MAGAW tmagaw@crain.com
care industry to start documenting what they’ve done to protect that data. That’s because, starting Sept. 23, they could be audited by the federal government.
Catholic Health Partners’ northern conquest gained steam last week when the Cincinnati-based behemoth announced plans to acquire Kaiser Permanente’s money-losing Ohio operations — a move industry insiders suggest is another sign the state’s largest health system is intent on becoming a force in Northeast Ohio. Coupled with plans announced earlier this year to buy one-third of Summa Health System in Akron, Catholic Health Partners — an organization with $5.6 billion in assets and 24 hospitals under its belt — appears to be laying the groundwork
See LOCKED Page 23
See GIANT Page 24
FOTOLIA
HIPAA changes will affect how many businesses protect employees’ health data By CHUCK SODER csoder@crain.com
22
H
IPAA isn’t just for health care providers anymore. The federal law that requires your doctor to
protect your privacy soon will apply to other organizations that come in contact with patient data. Changes to the Health Insurance Portability and Accountability Act are forcing businesses that provide all sorts of services to the health
0
NEWSPAPER
74470 83781
7
SPECIAL SECTION
EDUCATION Sister Carol Anne Smith is stepping aside after more than 20 years at Magnificat ■ Pages 15-21 PLUS: BOARDING SCHOOLS ■ CLASS SNAPSHOTS ■ & MORE
Entire contents © 2013 by Crain Communications Inc. Vol. 34, No. 22