Category: Compensation Issues

Physicians’ love-hate relationship with incentive bonuses: Medscape

Physicians have weighed in on the benefits and disadvantages of incentive bonuses, a recent Medscape study found. 

Hourly wage for 25 healthcare jobs

The mean hourly wage for healthcare practitioners and technical occupations varies across positions.  

Mayo Clinic to increase some wages by 6%

Rochester, Minn.-based Mayo Clinic is boosting pay 6 percent for some workers, marking its largest across-the-board wage jump in two decades, the Star Tribune reported Oct. 5. 

A single health system among 100 big companies with competitive pay

Tech reigns supreme and healthcare providers are scant when it comes to competitive compensation among companies with more than 500 employees, according to workplace review site Comparably’s 6th annual list of Best Companies for Compensation, released …

10 states with the largest decreases to travel nurse pay

The average weekly travel nurse pay in September in the U.S. was $3,066, down 17.34 percent from $3,709 during the same month in 2021, according to a report from Vivian Health, a national healthcare hiring marketplace.   

U of Michigan to invest $273M in nursing compensation

Members of the Michigan Nurses Association have approved a four-year contract with Ann Arbor-based University of Michigan Health that includes a $273 million compensation package.

362 statistics on nursing compensation | 2022

With nursing shortages not going away anytime soon, it’s important to look at how nursing compensation has evolved. 

Voters to decide on $25/hour minimum wage for some healthcare workers in 2 California cities

Measures establishing a $25 minimum hourly wage for workers at private healthcare facilities will be placed before voters in two California cities.

California training program helps nurses level up in salary

A California program can help licensed vocational nurses — with a starting salary of $55,000 in the state — train to become registered nurses and make a starting salary around $110,000, The Sacramento Bee reported Sept. 26. Now, the state’s Labor and W…

NP pay for all 50 states adjusted by cost of living

The national average hourly pay is $56.75 per for nurse practitioners, according to the most recent U.S. Bureau of Labor Statistics occupational employment statistics survey. Wages and living costs vary from place to place, however.