RN Hourly Rates Continue to Increase
RN PERCENT INCREASE BY YEAR
2014 |
2015 |
2016 |
1.27% |
2.27% |
2.86% |
2014 - 2015 Nursing Home Salary & Benefits Reports
Oakland, NJ, August 2016 -- The hourly rate of Registered Nurses (RNs) in Nursing Homes increased 2.86% in 2016, according to the 2016-2017 Nursing Home Salary & Benefits Report, just published by Hospital & Healthcare Compensation Service (HCS). The percent increase represents those facilities that participated in both the 2015 and 2016 Reports. RN rates have shown a continued increase from 1.27% in 2014 to 2.86% in 2016.
Turnover rates for RNs have also increased, rising from 27.55% in 2014, 29.00% in 2015 and to 31.17% in 2016. RN shift differential pay for working 2nd shift was $1.55; 3rd shift was $1.88; and weekend shift pay was $1.76.
Highlights of the Report include:
- 2,076 participants reporting on over 155,300+ employees
- Data reported by bed-size, profit type, revenue, region, state, and CBSA
- Percentile reported: 10th, 25th, 50th, 75th, 90th and average
- Fringe benefits, shift data, turnover rates and planned increases
The Report, published in cooperation with LeadingAge and supported by the American Health Care Association (AHCA), covers 46 management and 53 nonmanagement positions. The complete 330+ page Report is available for $325 from HCS. The reduced price for LeadingAge and AHCA members is $250. A separate CCRC Salary & Benefits study was published in June.
Since 1971, HCS has served the healthcare industry by conducting and publishing an array of comprehensive, reliable compensation reports. HCS currently publishes 11 different Reports on an annual basis. In addition, the firm conducts custom marketplace studies to support its clients.
To order, or for more information, visit the HCS website at www.hhcsinc.com, or call (201) 405-0075.
