Hospital Nursing Salaries Increase in 2008

Oakland, NJ, August 21--The national average salary of Hospital Staff Nurse RNs increased 4.84% from 2007 to 2008, according to the Hospital Salary & Benefits Report, just released by Hospital & Healthcare Compensation Service (HCS). Comparatively, Licensed Practical Nurse (LPN) hourly rates increased 3.09%. This figure is a comparison of hospitals that reported RN and LPN data for both the 2007 and 2008 Reports.

2008-2009 Hospital Salary & Benefits Report

Job Title	50th Percentile	Average	Number of Incidents
Staff Nurse (RN)	$29.20	$30.06	62,787
LPN	$19.40	$20.15	10,957

The annual turnover rate reported for RNs was 16.13%. LPNS reported a turnover rate of 19.99%. The average overall position vacancy rate decreased in 2008 to 9.96% from 11.79% in 2007.

387 hospitals participated in the study and provided compensation data on 179,695 employees nationwide. The Report covers 147 hospital positions including management, nursing, rehabilitation, dietary, radiology, and technical positions. Data are reported according to revenue size, bed-size, geographic region, state, and city. Also covered are 13 fringe benefits, turnover rates by department, and projected salary increases for 2008 to 2009. Data are effective as of May 2008.

The complete 280-page Report is available for $350 from HCS. The salary/hourly data Report results in Excel may be purchased in addition to the published Report (cost $300). For additional information call (201) 405-0075 or visit www.hhcsinc.com.

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Telephone 201-405-0075 Fax 201-405-2110 Postal Address: PO Box 376, Oakland, NJ 07436 Email: allinfo@hhcsinc.com