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Over $8 Million Dollars in financial incentives launched to retain healthcare professionals and stabilize the healthcare workforce on Prince Edward Island

October 17, 2022 – Government of PEI: Dennis King, Premier of Prince Edward Island, and Ernie Hudson, Minister of Health and Wellness announced over $8 Million dollars in financial incentives to encourage healthcare providers to continue to work in the healthcare system in addition to filling key vacant positions throughout the system.

The Retention Incentive Program will provide financial incentives to help stabilize the healthcare workforce and retain nurse practitioners, registered nurses, licensed practical nurses, paramedics, and registered care workers in exchange for a one-year return in service agreement.

Retention Incentives will include:

$3,500 for registered nurses and nurse practitioners;
$3,000 for licensed practical nurses and paramedics; and
$2,500 for residential care workers, home support workers and patient care workers.

Incentives will be made eligible for healthcare professionals offering a one-year return in service agreement. Incentives are not specific to any facility or unit and both full and part-time staff are eligible.

Read the full news release here

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