– Health-Care Salaries Rising; Aging Population the Cause

June 16, 2009    

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Despite falling pay increase budgets, an aging population continues to create a high demand for health-care workers in some positions. As a result, pay is increasing for a number of jobs. In particular, salaries are on the rise for nurses, pharmacists, physical therapists, home health aides and occupational therapists.

Compdata’s The 2009 Compensation Data Healthcare results found some health-care jobs have seen significant increases over the last three years. Occupational and physical therapists have both had increases over 10%. Currently, licensed physical therapists make $73,300 a year, a 12.9% increase from 2007. Comparatively, occupational therapists have seen their salary increase by 16.9%.

Nursing has become one of the most talked about fields in the health-care industry. Particularly, home health aides and registered nurses are in demand. Home health aides have had a larger salary increase over the last three years. Their salaries have increased by 11.2%, but they earn less annually, $24,500. In comparison, salaries for registered nurses have increased by 9.2%. Registered nurses’ salaries are $61,300 a year on average. From year to year, increases for nurses have been between $2,000 and $3,000.

Other health-care positions have seen growth in the last three years. Pay for physicians assistants and pharmacists has grown by 10.6% and 10.5%, respectively. Salaries for physicians assistants are $86,400 this year, while pharmacists earn more annually, $108,000.

About the survey
Compensation Data Healthcare 2009 contains data on over 200 industry-specific and 200 benchmark job titles ranging from entry-level to top executives. Information was collected from employers across the country. The results provide a comprehensive summary of pay data, benefits information and pay practices with an effective date of Jan. 1, 2009.

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