Category: Compensation Issues

California’s minimum wage bump for healthcare workers took effect Oct. 16, raising hourly pay for hundreds of thousands of employees.

While switching jobs often leads to a pay increase, it can also lead to less retirement savings.

After implementation was delayed in June, California healthcare workers will begin to see minimum wage increases Oct. 16, according to a letter from the state’s Department of Health Care Services.

Average weekly travel nurse pay in the U.S. in September was $2,259.75, down 0.24% from the previous month and down 4.58% from September 2023, according to data shared with Becker’s from Vivian, a healthcare career marketplace.

Average annual earnings for millennial physicians under age 40 climbed from $326,000 in 2022 to $338,000 in 2023, or around 4%, according to one new survey.

Among specialty areas, pediatric medical saw the largest increase in reported median productivity, as measured by wRVU (work relative value units), from 2023 to 2024, and pediatric surgical was the only area to experience a decrease, according to a new…

CEO compensation declined significantly in 2023 when compared to the stock market’s relative steadiness, according to a recent report.

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

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.  

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.