With baby boomers entering their senior years and many parts of the healthcare legislation already going into effect, the need for healthcare workers has never been greater.
Kansas City, Kan. — With baby boomers entering their senior years and many parts of the healthcare legislation already going into effect, the need for healthcare workers has never been greater. The U.S. Bureau of Labor Statistics found that many jobs in the healthcare industry will be among those with the largest growth between 2008 and 2018, with registered nurses and home health aides topping the list. The newly released 2010 Compensation Data Healthcare survey results show staff nurses currently earn $61,700 annually. This reflects an increase of 6 percent since 2008.
“Despite the economic hardships many organizations are now facing due to the recession, the demand for healthcare continues to increase,” said Amy Kaminski, director of marketing for Compdata Surveys, the nation’s leading compensation and benefits survey data provider. “In an economy where most industries are reporting pay increase budgets of two and a half percent or less, high demand positions in healthcare have seen salary increases of six to ten percent over the last two years.”
Home health aides have seen their salaries rise by 12.5 percent since 2008 to $25,400. Occupational therapists are earning $67,800, reflecting a 7 percent increase. Pharmacists are earning 7.3 percent more than they did two years ago, $110,500, while physicians assistants are earning 10.3 percent more, $88,800. Physical therapists have seen an increase of 6 percent since 2008 as they currently earn $72,800, annually. Certified physical therapy assistants currently earn $47,900 per year, a 6.9 percent increase from 2008.
According to the survey, salaries differ by region as staff nurses in the West earn the most, $75,600. This is followed by nurses in the Northeast and Midwest as they earn $67,100 and $57,900, respectively. Staff nurses in the Southeast earn $55,800 per year. Nurses in the South Central earn the least, $55,700 per year, 35.7 percent less than their counterparts in the West.
About the Survey
Compensation Data 2010 Healthcare contains data on over 200 industry-specific job titles and more than 250 benchmark titles ranging from entry-level to top executives. Data was collected from more than 1,200 healthcare employers across the country. The results provide a comprehensive summary of pay data, benefit information and pay practices with an effective date of January 1, 2010.
Compdata Surveys is the nation’s leading compensation and benefits survey data provider. Thousands of U.S. organizations provide data each year ensuring the reliability of our results. Compdata Surveys has been providing comprehensive data at affordable prices to organizations from coast to coast since 1988. For further information about the compensation and benefits surveys, contact Amy Kaminski at (800) 300-9570.
- Amy Kaminski
- Compdata Surveys