The Real Effects of Today’s Economy on the Healthcare Industry

Source: Amy N. Kaminski, Compdata Surveys, 2009

Less than a year ago, many were concerned with hiring shortages in the healthcare industry. At the onset of the recession, some thought healthcare would remain impervious to the increasing economic pressures. The 2009 Compensation Data Healthcare results have found the industry is not as immune as many had once suspected. Pay increase budgets have fallen and healthcare costs are up placing mounting pressure on the industry. Organizations are looking for ways to enhance their compensation packages without affecting their bottom line. This whitepaper will give you a clearer picture of what’s really happening in healthcare by covering topics, such as:

• Workforce demands
• Pay increase budgets
• Healthcare premium increases
• Cost containment and reduction measures
• Trends in wellness programs
• Time off packages
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