Dive Brief:
- Health eCareers recently released its Healthcare Salary Guide.
- Physicians and surgeons led with pack by pulling in an average $255,648 annually, a 2.5% increase compated to 2015 data.
- Compared to last year, healthcare executives' average salaries fell 12.9% to $134,632.
Dive Insight:
The guide, based on a survey of 19,754 healthcare professionals, also found 29% of respondents expect by next year to have a new employer, Becker's Hospital Review reported. While 41% of respondents were unsure if they expected to have a new employer next year, 86% of respondents were confident they could find a new job if they needed to find one.
However, 43% of respondents stated they were looking for other positions/opportunities. Thus, the survey found retention is an issue for healthcare providers and more could be done, Becker's noted, adding, "The majority (61%) of employers are using motivators and incentives, such as increased compensation, time off, flexible work hours and locations, to retain employees. However, this represents only a 1% increase from last year, and 39% offer no motivator."
On the salary side, physician/surgeons received the most money, followed by healthcare executives. After that, recent salary data include:
- Physician assistants — $105,856
- Nurse practitioners — $100,549
- Health IT — $91,251
- Nurses — $61,875
Job satisfaction varied by profession but for the most part (45%), respondents were satisfied with their pay. That said, 41% were dissatisfied and 24% were neutral. In addition, 57% responded they were happy with their job and employer.
"The main drivers of dissatisfaction are that salaries don't reflect experience or are lower than similar jobs in the region," Becker's noted.