Wednesday, September 11, 2019

HCS AL Salary Study Underway

Rosanne Zabka

Hospital & Healthcare Compensation Service (HCS) is conducting its annual Assisted Living/Personal Care Salary & Benefits Study, and requests you let members know this important study is underway. Assisted living providers are asked to complete the study’s questionnaire by November 11th. The study is published by HCS and supported by NCAL and LeadingAge.

There is no cost to participate in the study. Participants may purchase the results at the reduced price of $175, versus the $350 nonparticipant rate. Questionnaires can be downloaded at: https://www.hhcsinc.com/survey-questionnaires.html

The report covers management salaries, non-management wages, and fringe benefits. Salaries and bonus payments will be reported according to unit size, profit type, revenue size, CBSA, state, region, and nationally. Also, both for-profit and not-for-profit data will be separately covered. Information on 18 fringe benefits will be reported according to region. Last year’s Report contained data from over 1,200 ALF/Personal Care facilities nationwide.
Percent increases planned for 2020 will be reported for management, non-management, RNs, LPNs, and CNAs.

Nationally known, their reports are recognized as the standard for reliable, comprehensive, and affordable compensation data for healthcare.

The HCS Corporate Compensation Study is also underway, deadline December 2nd. The study covers executive compensation of top executives in long-term care facilities with $20 million+ revenue or oversight of multiple ALFs, CCRCs, and/or Nursing Homes.

The results report salaries and total compensation nationally by revenue size and include salary increases, pay policies, and executive benefits. Last year’s report contained data from over 100 organizations.

There is a tremendous savings for participants. The participant price is only $195, compared to the non-participant price of $675.

Both Reports will be published in late January 2020. HCS publishes ten annual compensation studies. Nationally known, their reports are recognized as the standard for reliable, comprehensive, and affordable compensation data for healthcare.

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