The average salary for U.S. medical residents increased 16 percent between 2015 and 2022 but remained stagnant since the beginning of the COVID-19 pandemic, according to a new report from Medscape.
Category: Compensation Issues
Adena Health System raises minimum wage to $15 an hour
Chillicothe, Ohio-based Adena Health System plans to raise caregiver wages, including raising minimum wage to $15 an hour by the end of 2022.
People who switch jobs are earning more, Fed report says
According to data from the Federal Reserve Bank of Atlanta, workers who shifted jobs in April, May and June boosted their wages by 6.4 percent, The Wall Street Journal reported July 25.
5 specialties with the highest starting salaries
AMN Healthcare’s physician recruiting division Merritt Hawkins has released its 2022 Review of Physician and Advanced Practitioner Recruiting Incentives, reviewing healthcare worker salaries, signing bonuses and recruiting trends from the past year.
CEO pay has skyrocketed: AFL-CIO annual report
The American Federation of Labor and Congress of Industrial Organizations’ annual report released July 18 showed that CEOs at S&P 500 companies made 324 times more than median company workers in 2021, Forbes reported July 18.
Women in healthcare earn 24% less than male peers, global analysis finds
The gender pay gap in healthcare is prevailing, with women earning 24 percent less than men, according to a global analysis published July 13 led by the World Health Organization.
91 statistics on physician compensation | 2022
With healthcare workforce shortages persisting as a significant problem for hospitals and health systems, it is important to look at how physician compensation has been evolving.
5 most ‘overpaid’ healthcare CEOs
Despite many CEOs cutting their base salaries last year due to the pandemic, those moves had little effect on overall CEO pay, according to an annual report from the nonprofit shareholder advocacy group As You Sow.
Hospitals campaign against LA’s $25 healthcare worker minimum wage
Los Angeles hospitals are pushing back on an ordinance recently signed by Mayor Eric Garcetti that establishes a $25 minimum hourly wage for workers at eligible privately owned healthcare facilities in the city.
Looking for better strategies to recruit and retain registered nurses?
The talent acquisition process has evolved significantly due to the COVID-19 pandemic. Many hospitals and health systems are finding that the recruitment and retention techniques they previously utilized are no longer enough to satisfy prospective and …
