Oakland, NJ, July 2023 – For the second year in a row, nursing home caregivers (RNs, LPNs, and CNAs) received considerable hourly rate increases, ranging from 7.04% to 9.66%, according to the recently released 2023-2024 HCS Nursing Home Salary & Benefits Report. The national study is published by Hospital & Healthcare Compensation Service (HCS) in cooperation with LeadingAge and supported by AHCA.
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This year marks the 46th annual year of publication. 1,089 nursing homes participated in the study and provided compensation data on 111,600+ employees, covering 46 management and 54 nonmanagement positions. 41.14% of study participants were not-for-profit facilities, while 58.86% were for-profit facilities. The results are reported according to bed-size, profit type, revenue size, region, state, and CBSA. The Report includes 19 fringe benefits, shift differentials, contingency staff utilization, and projected salary increases by department for 2023 to 2024. Data in the study are effective as of March 2023.
The Nursing Home Report is available for $375. To order online, visit the HCS website at www.hhcsinc.com or call (201) 405-0075. HCS also published a separate CCRC Salary & Benefits Report in June, as well as its Assisted Living Salary & Benefits Report, which was released earlier this year.