Hospitals and health systems continue to modify their executive compensation and recruitment strategies to stay competitive.
Category: Compensation Issues
U of California offers wage increases to 18,000+ employees
The University of California in Oakland has offered wage increases totaling $260 million to members of the Union of Professional and Technical Employees who work across its 10 campuses, six academic health systems and three nationally affiliated labs.
U of New Mexico residents agree to deal with 5% raises
About 700 resident physicians and fellows at the University of New Mexico in Albuquerque will receive a 5% salary increase, union and UNM spokespeople confirmed to Becker’s.
New York awards $2B in bonuses to 800,000 healthcare workers
More than 800,000 healthcare workers in New York have received bonuses of up to $3,000 per person from the state through the Health Care Worker Bonus Program.
U of New Mexico Hospital workers to receive 3% raises
Employees at Albuquerque-based University of New Mexico Hospital’s campuses will receive raises as the hospital obtains increased Medicaid reimbursement.
How 371 health systems determine executive performance incentive pay
A recent survey by SullivanCotter highlights the range of performance measures in health systems’ annual incentive programs for executives and managers.
At $686K, this specialty has the highest physician starting salary
Orthopedic surgeons earn the highest average starting salary ($686,000) among physicians, while pediatricians have the lowest starting salary ($244,000), according to AMN Healthcare’s “Review of Physician and Advanced Practitioner Recruiting Incentives…
Why U of Utah Health overhauled surgical tech pay
In the post-pandemic era, hospitals and health systems are focused on how to manage their healthcare workforce in a way that meets employees’ needs and aligns with organizational goals. For Salt Lake City-based University of Utah Health, this involves …
Physician compensation: 6 notes for healthcare leaders
The rising cost of labor is among the core concerns at healthcare organizations across the U.S., including on the physician side.
Travel nurse pay by state
Average weekly travel nurse pay in the U.S. in July was $2,274.61, down 1.01% from the previous month and down 5.32% from July 2023, according to data shared with Becker’s from Vivian, a healthcare career marketplace.
