After implementation was delayed in June, California healthcare workers will begin to see minimum wage increases Oct. 16, according to a letter from the state's Department of Health Care Services.

Average weekly travel nurse pay in the U.S. in September was $2,259.75, down 0.24% from the previous month and down 4.58% from September 2023, according to data shared with Becker's from Vivian, a healthcare career marketplace.

Average annual earnings for millennial physicians under age 40 climbed from $326,000 in 2022 to $338,000 in 2023, or around 4%, according to one new survey.

Among specialty areas, pediatric medical saw the largest increase in reported median productivity, as measured by wRVU (work relative value units), from 2023 to 2024, and pediatric surgical was the only area to experience a decrease, according to a new survey.

CEO compensation declined significantly in 2023 when compared to the stock market's relative steadiness, according to a recent report.

Healthcare tops the list of industries offering signing bonuses, according to Indeed job listings, The Wall Street Journal reported Sept. 19.

Hospital wage inflation is slowing, with hourly wage growth averaging 3% in 2024, compared to 4.2% in 2023, according to a Sept. 9 Fitch Ratings report.  

Average weekly travel nurse pay in the U.S. in August was $2,265.01, down 0.41% from the previous month and down 4.96% from August 2023, according to data shared with Becker's from Vivian, a healthcare career marketplace.

About 4 in 10 U.S. workers report feeling well compensated in their roles, according to an Aug. 29 Linkedin News post.

Hospitals and health systems continue to modify their executive compensation and recruitment strategies to stay competitive.

The University of California in Oakland has offered wage increases totaling $260 million to members of the Union of Professional and Technical Employees who work across its 10 campuses, six academic health systems and three nationally affiliated labs.

About 700 resident physicians and fellows at the University of New Mexico in Albuquerque will receive a 5% salary increase, union and UNM spokespeople confirmed to Becker's.

More than 800,000 healthcare workers in New York have received bonuses of up to $3,000 per person from the state through the Health Care Worker Bonus Program.

Employees at Albuquerque-based University of New Mexico Hospital's campuses will receive raises as the hospital obtains increased Medicaid reimbursement. 

A recent survey by SullivanCotter highlights the range of performance measures in health systems' annual incentive programs for executives and managers. 

Orthopedic surgeons earn the highest average starting salary ($686,000) among physicians, while pediatricians have the lowest starting salary ($244,000), according to AMN Healthcare's "Review of Physician and Advanced Practitioner Recruiting Incentives," published Aug. 5.

In the post-pandemic era, hospitals and health systems are focused on how to manage their healthcare workforce in a way that meets employees' needs and aligns with organizational goals. For Salt Lake City-based University of Utah Health, this involves a willingness to depart from previous approaches.

The rising cost of labor is among the core concerns at healthcare organizations across the U.S., including on the physician side.

Average weekly travel nurse pay in the U.S. in July was $2,274.61, down 1.01% from the previous month and down 5.32% from July 2023, according to data shared with Becker's from Vivian, a healthcare career marketplace.

In June, California Gov. Gavin Newsom and state legislators reached an agreement to delay the start of minimum wage increases for healthcare workers to at least October. However, some hospitals have already started raising pay, CalMatters reported July 29.