Struggling to address the current health care staffing crisis?
As the health care staffing crisis continues and financial pressures mount, many organizations are taking this opportunity to address key employee compensation and workforce issues:
- The focus on payroll costs remain as health care organizations seek to complete for talent within and outside of the industry – especially for lower-paid, frontline jobs.
- Salary budget increases in 2023 are at a 20-year high as a direct result of the competitive labor market and record-high inflation.
- Although health care organizations have moved to more flexible or hybrid work arrangements, they are not moving to multiple geo-specific pay structures and sticking with a standard headquarters-focused base pay and premium pay approach.
- Minimum rate concerns are increasing for all industries. This adds greater pressure on health care organizations – even amongst those that have recently increased their minimum hiring rates.
SullivanCotter’s 2022 Health Care Staff Compensation Survey includes data from nearly 1,300 organizations on more than 1.2M individual employees- providing organizations with critical compensation market data, information on key employee workforce practices, and insight into emerging industry trends.
The 2023 survey is now open for submission! Register to participate in this year’s survey to gain access to critical compensation market data, information on key employee workforce practices, and insight into emerging industry trends.
