Category: Compensation Issues

Elon Musk, CEO of Tesla, is the wealthiest person in the world, with a net worth of $221.4 billion, according to Forbes’ “Top 10 Richest People In The World (July 2024)” list published July 1. 

Median total compensation for executive management positions in healthcare grew nearly 6% from 2022 to 2023, and Wisconsin is the highest-paying state for the roles, according to a new report from the Medical Group Management Association. 

From 2022 to 2023, median total compensation for registered nurses fell 3.32%, though nurses still saw compensation increase over the past decade, according to a June 26 report from the Medical Group Management Association. 

Multiple states deemed best for healthcare by U.S. News & World Report do not rank in the top half in terms of hourly mean wage for surgical techs, adjusted for cost of living, according to Becker’s analysis. 

California Gov. Gavin Newsom and state legislators have reached an agreement on the 2024 state budget, which includes delaying the start of minimum wage increases for healthcare workers to at least the fall.

California Gov. Gavin Newsom and state legislators have reached an agreement on the 2024 state budget, which includes delaying the start of minimum wage increases for healthcare workers to at least the fall.

Among states with sufficient data available, Illinois has the highest hourly mean wage for certified registered nurse anesthetists, adjusted for the cost of living, and Utah has the lowest, according to Becker’s analysis. 

When accounting for the cost of living, Minnesota has the highest hourly mean wage for surgical technologists while Hawaii has the lowest. 

Atlanta-based Emory Healthcare has set aside $100 million to provide raises to its employees after reporting an improved operating performance this year, according to The Atlanta Journal-Constitution.

Discrepancy exists between hourly mean wage for nurse practitioners, adjusted for cost of living, and U.S. News & World Report rankings for best and worst states for healthcare, according to Becker’s analysis.