Corporate executive salaries in the long-term care space increased by 3.52% on average in 2024 compared to the previous year, a larger increase compared to hospitals and home health/hospice base pay, which increased 3.16% and 3.33%, respectively. The average annual salary for a nursing home CEO with a multi-facility company was $465,750, while COOs saw […]
Hospital & Healthcare Compensation Service
As nursing home operators struggle to staff their buildings during the ongoing labor crisis, hourly rates have spiked for critical positions like the certified nursing assistant (CNA), licensed practical nurse (LPN) and registered nurse (RN). These positions have increased between 9.38% and 11.15% this year, according to the 2022-2023 Hospital & Healthcare Compensation Services (HCS) […]
Nursing homes this year experienced a higher rate of turnover for three positions — registered nurses (RNs), licensed practical nurses (LPNs) and certified nursing assistants (CNAs) — compared to continuing care retirement communities (CCRCs), according to a September report published by the Hospital & Healthcare Compensation Service (HCS). HCS pulled from separate reports on CCRCs […]
Staffing demands from COVID-19 spurred a national 7.13% increase in hourly wages for certified nursing aides (CNAs) this year according to a report published by the Hospital & Healthcare Compensation Service (HCS). The spike outpaced a 2020 increase of 4.76%. Non-certified nurse aides saw the highest raise at 7.98%, up from 4.24% in 2020. Despite […]
Activity directors and non-certified nurse aides enjoyed the largest pay raises — on a percentage basis — of all skilled nursing employees between 2016 and 2017, according to the latest data set from the Hospital & Healthcare Compensation Service. Among salaried employees, activity directors took the crown with a bump of 3.44%, or a rise […]
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