Category: Compensation Issues

On Aug. 11, Illinois became the ninth state to pass a pay transparency law. 

Supply and demand economics are driving a significant rise in physician salaries, according to a report from AMN Healthcare’s Physician Solutions division.

Big pay hikes that came with job changes in recent years are beginning to flatten or fall across many industries — a signal for healthcare employers that the bidding wars for talent spanning industries are cooling down.

The average income for physician assistants in cardiothoracic and vascular surgery is the highest among specialties tracked in the “2022 Statistical Profile of Board Certified PAs by Specialty,” a report on 24 specialties and primary care published by …

Shorter contracts, noncompete agreements and increased emphasis on value-based components are among the shifts occurring in physician contracts as hospitals and medical groups build recruitment pipelines and offer incentives to retain physicians. 

A common scapegoat for the gender wage gap now has numeric value: U.S. women would collectively make an additional $627 billion per year if paid for their caregiving work. 

Average starting salaries increased in 12 specialties tracked in AMN Healthcare’s “2023 Review of Physician and Advanced Practitioner Recruiting Incentives” for which there were year-over-year comparisons.

Orthopedic surgeons have the highest base salaries in 2023 among the most-recruited physician and advanced practitioner specialties, according to a report published Aug. 15 by AMN Healthcare.

Pharmaceutical S&P 500 companies — including major vaccine manufacturers like Moderna and Johnson & Johnson — have smaller CEO-to-worker pay gaps than many other healthcare companies. 

At Align Technology — the San Jose, Calif.-based orthodontics manufacturer responsible for Invisalign — the CEO makes 1,026 times what the median worker brings in.