orm_october-2023 - 15

Salary/Career Survey
Takeaways
* OR leader compensation increased only slightly over the past year, according to survey results.
* Job satisfaction decreased, and it remains significantly lower than prepandemic levels.
* Only 39% of respondents plan to stay with their current employer 5 years or more.
Salary survey, Saver
Continued from page 1
* The average number of full-time
equivalent (FTE) employees that OR
leaders supervise is 114, compared
to 113 in 2022 and 119 in 2021.
* The percentage of those who report
managing an operating budget
between $2.5 million and $24.9
million is 43%, comparable to last
year's 46%.
This article takes a closer look at
findings related to OR leaders. (Percentages
may not add up to 100% due to
rounding.) For results related to staffing,
see " Surgical volumes surge in midst of
staffing woes, " OR Manager, September
2023, pp 1, 18-21.
Compensation
Compensation for most OR leaders has
not changed significantly this past year.
Slightly more leaders received a raise
in the past 12 months, compared to
2022 (70% vs 63%). The average raise
was 3.8% (far lower than the 2022 consumer
price index of 6.5%), compared
to 4.1% in 2022 and 3.3% in 2021.
Salary. Salaries were only slightly
higher this year, with 80% reporting an
annual salary of $100,000 or more, up
from 72% last year and 78% in 2020
and 2021. Variations were seen by job
title, region, and type of facility.
The most common salary range by
job title was $150,000 or more for
vice president or chief nurse executive
(72%), administrator or administrative
director (47%), and director or assistant
director (48%). Most nurse managers
(37%) selected $100,000 to $119,999.
Across regions, the most common
salary range was $150,000 or more for
respondents in the West (55%), Northeast
(53%), and South (37%); it was
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Retirement plans
N=270
2023-2025
2026-2028
2029-2030
2030 or later
19%
18%
18%
46%
$100,000 to $119,999 for those in the
Midwest (29%).
OR leaders in teaching hospitals
earn more than those in community
hospital settings. Close to half (45%)
of teaching hospital leaders earn an
annual salary of $150,000 or more,
compared to 28% for community hospital
leaders. In all, 89% of respondents
in teaching hospitals earn $100,000
or more, compared to 75% for those in
community hospitals.
Total compensation. Annual total
compensation remained relatively flat.
The most reported range was the same
as last year-$120,000 to $149,000
(24% for 2023 vs 22% for 2022)-folHow
many hours per week
do you work?
N=240
40 or less
41 to 45
46 to 50
51 to 56
57 or
more
7%
23%
27%
24%
19%
lowed by $150,000 to $174,999 and
$200,000 or more (18% for both). As
with salary, variations were seen by job
title, region, and facility type.
Most common range for total compensation
by job title was $200,000 or
more for vice president or chief nurse
executive and for administrator or administrative
director (40% and 41%, respectively),
$150,000 to $174,999 for
OR Manager | October 2023 15
About the survey
Data for the OR Manager Salary/Career
Survey were collected from March
22 to June 8, 2023. The survey list
comprised OR directors, managers, or
similar positions within hospital ORs.
The survey was closed with 351 usable
responses. The margin of error is ±5
percentage points at the 95% confidence
level.
Which of the following best
describes your work setting?
N=346
Other
4%
Teaching
hospital
31%
Community
hospital
66%
OR LEADER
77%
Female
51
Average
age
81%
RN
52%
Master's
degree
26%
Baccalaureate
degree
66%
Community
hospital

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orm_october-2023

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