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Healthcare Workers Dissatisfied with Stagnant Pay Raises

Chelsea Rice, for HealthLeaders Media, June 24, 2013

"This latest survey indicates stagnant compensation levels have left healthcare professionals dissatisfied," said Jeffrey Quinn, Vice President of Monster's Global Insights in a prepared statement, where he noted in summary, "Healthcare-related professionals have reason to be cautiously optimistic about their employment prospects."

It's not the work that's pushing healthcare employees out the door. Healthcare professionals are the third most satisfied employees with their jobs, following closely behind workers in engineering and finance. When healthcare professionals are in such high demand with such translatable skills, you can bet the cuts to pay and benefits will start to make their eyes wander.

Not surprisingly, Monster's survey found that registered nurses, physical therapists, and occupational therapists are the three occupations most in demand today, which they determined by the volume of available jobs.

As in the movie Ghostbusters, when the streams cross, very good or very bad things can happen, depending on which end of the portal you're sitting. Will financial pressures make the industry more cost-efficient? Or are they forcing struggling hospitals to lose their talent pool to more competitive markets?


Chelsea Rice is an associate editor for HealthLeaders Media.
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