The long-term care industry is experiencing the impact of the lackluster economy, following several years of financial stability while other areas of the healthcare industry suffered, according to a McKnight's report.
Surveys collected for the "2010-2011 Nursing Home Salary & Benefit Report," published annually by Hospital & Healthcare Compensation Service, showed many positions in long-term care management received smaller salary increases than years past.
Nursing home administrator wages grew to just over $90,000 this year, climbing to a median salary of $91,106 from last year's $89,906 — a pay rise of 1.67 percent.
Assistant administrators saw an even lower gain of 0.49 percent and assistant director salaries remained flat.
Registered nurses under the title "head nurse" lost 10.6 percent from their national median salary, falling from $56,497 to $50,511.
Read the McKnight's report on long-term care compensation.
Read more on compensation:
-California Hospitals Change, Examine Incentive Plans
-Hospitals Asked to Lower, Make Public CEO Salaries
Surveys collected for the "2010-2011 Nursing Home Salary & Benefit Report," published annually by Hospital & Healthcare Compensation Service, showed many positions in long-term care management received smaller salary increases than years past.
Nursing home administrator wages grew to just over $90,000 this year, climbing to a median salary of $91,106 from last year's $89,906 — a pay rise of 1.67 percent.
Assistant administrators saw an even lower gain of 0.49 percent and assistant director salaries remained flat.
Registered nurses under the title "head nurse" lost 10.6 percent from their national median salary, falling from $56,497 to $50,511.
Read the McKnight's report on long-term care compensation.
Read more on compensation:
-California Hospitals Change, Examine Incentive Plans
-Hospitals Asked to Lower, Make Public CEO Salaries