Category: Compensation Issues

Healthcare leads in signing bonus offers

Healthcare tops the list of industries offering signing bonuses, according to Indeed job listings, The Wall Street Journal reported Sept. 19.

Hospital wage inflation slows for some

Hospital wage inflation is slowing, with hourly wage growth averaging 3% in 2024, compared to 4.2% in 2023, according to a Sept. 9 Fitch Ratings report.  

Travel nurse pay by state

Average weekly travel nurse pay in the U.S. in August was $2,265.01, down 0.41% from the previous month and down 4.96% from August 2023, according to data shared with Becker’s from Vivian, a healthcare career marketplace.

Fewer than half of US workers feel well compensated

About 4 in 10 U.S. workers report feeling well compensated in their roles, according to an Aug. 29 Linkedin News post.

How health systems keep executive pay competitive

Hospitals and health systems continue to modify their executive compensation and recruitment strategies to stay competitive.

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.