Base Pay Increases, Turnover Rates Decrease for Home Health RNs and LPNs
Job Title |
2007 |
2008 |
Percent Increase |
RN |
$26.34 |
$27.26 |
3.50% |
LPN |
$19.19 |
$19.48 |
1.50% |
Oakland, NJ, October 2008--The national average hourly rate of home health RNs increased 3.50% to $27.26, according to the 18th annual HOMECARE Salary & Benefits Report, just published by Hospital & Healthcare Compensation Service (HCS). The national average hourly rate for home health LPNs increased 1.50% to $19.48. The increase represents agencies that participated in both the 2007 and 2008 studies.
The annual turnover rate reported for RNs decreased slightly from the 2007 figure of 22.44% to 22.36%. The annual turnover rate for LPNs also decreased, going from 24.26% in 2007 to 22.97% in 2008.
1,651 home care agencies and hospices participated in the study and provided compensation data on more than 109,051 employees nationwide. The complete 292-page Report contains 62 jobs reporting on salaries, bonuses, and hourly & per visit rates. Data are reported by state, principal city, 9 regions, nationally, according to 5 agency types and 3 revenue sizes. Also included are 22 fringe benefits, planned percent increases, turnover rates, and personnel policies.
The HOMECARE Report may be purchased from HCS for $295. The 260-page Hospice Report is available for $250. In addition to the Reports, the salary/hourly/visit results may be purchased in Excel. To order either Report go to www.hhcsinc.com or call (201) 405-0075.
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