Price Jobs in Healthcare with Healthcare Compensation Data
From primary care practitioners to back-office administration, those working in the healthcare industry cover a wide range of needed functions. Employers include medical and dental offices, hospitals and labs, specialized outpatient centers, and home health care services. Payscale provides salary data for all kinds of roles common to organizations of every type in the healthcare industry.
Common Healthcare Compensation Management Challenges
In the recovering post-pandemic economy, the healthcare industry is primed for growth. Compelling salary offers and total rewards packages are essential to attract talent in a competitive job market.
In a hot job market, you have to think about pay equity. The talent you are most anxious to keep is also the talent you are most likely to lose if your employees' pay doesn't keep pace with their peers.
In a job market as hot as healthcare, there is risk of losing valuable employees due to new hires making higher salaries compared to tenured employees, making pay compression a hot topic during a pandemic.
With all the challenges in the current job market, it is imperative for employees to understand pay policies and for managers to be able to discuss why compensation is fair.
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Salary data in the healthcare industry available from Payscale right now
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Track annual and quarterly wage growth
The Payscale Index is publicly available data that tracks and compares wage growth by city, industry, company size, and job category. The Payscale Index draws from Payscale's Employee Reported data which includes a salary data cut specific to the finance and insurance industry.
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