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The future ain't what it used to be.

C S Kent1, Y M Curran

  • 1Hay Management Consultants, Walnut Creek, CA.

Health Facilities Management
|November 4, 1993
PubMed
Summary
This summary is machine-generated.

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Healthcare manager base salaries are projected to increase by 4.0-4.5% from 1993-1994. This represents a slowdown compared to previous salary growth rates in the healthcare sector.

Area of Science:

  • Healthcare Management
  • Health Economics

Background:

  • Healthcare management compensation trends are crucial for workforce stability.
  • Understanding salary fluctuations impacts recruitment and retention.

Purpose of the Study:

  • To analyze the projected increase in base salaries for healthcare managers.
  • To identify factors contributing to a slowdown in salary growth.

Main Methods:

  • Analysis of salary survey data for healthcare managers.
  • Comparison of projected 1993-1994 salary increases with historical data.

Main Results:

  • Projected average base salary increase of 4.0% to 4.5% for healthcare managers.
  • This projected increase is lower than in preceding years.

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Conclusions:

  • The healthcare sector is experiencing a deceleration in manager salary growth.
  • Further investigation is needed to determine the specific causes of this slowdown.