Hospital and health system leadership pay increased over the last year, with system- and hospital-level base salaries up in 2024, according to a recent SullivanCotter report.

About 44% of U.S. employees report feeling well compensated for their work, with roles in engineering and program management topping the list, according to LinkedIn's most recent Workforce Confidence survey.

Healthcare executive pay is growing amid financial challenges, high turnover and increased scrutiny on executive compensation packages, according to a survey from SullivanCotter.

California's minimum wage bump for healthcare workers took effect Oct. 16, raising hourly pay for hundreds of thousands of employees.

While switching jobs often leads to a pay increase, it can also lead to less retirement savings.

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.