orm_october-2023 - 26

SALARY/CAREER SURVEY
BY CYNTHIA SAVER
Survey: Compensation rises slightly for ASC leaders amid ongoing
pressures
C
ompensation is trending slightly
higher for ambulatory surgery
center (ASC) leaders, according
to the 2023 OR Manager Salary/Career
Survey, with 68% of respondents
reporting a total annual compensation
of $120,000 or more, up from 50% in
2022 and 40% in 2021.
However, higher wages are unlikely
to sufficiently offset the stressors ASC
leaders are experiencing. For example,
those who responded they are planning
to leave their current employer within
the next year most commonly cite burnout
(22%) as the reason, which is comparable
to the 25% who cited this factor
in 2022.
In addition, ASC leaders are seeing
their responsibilities continue to grow.
For example, they now supervise an
average of 40 employees, compared to
36 in 2022 and up from 32 in 2019,
the last survey before the COVID-19
pandemic. Despite the challenges of the
current environment, satisfaction levels
are generally on par with prepandemic
levels. For instance, 73% view their current
job or position favorably, compared
to 74% in 2019.
Other highlights from the survey include:
*
More respondents received a raise
in the past 12 months compared
to 2022 (74% vs 66%). The average
raise was 5.1% (4.8% when the
single 30% response is omitted),
higher than last year's 4.24%, but
still lower than the 2022 consumer
price index of 6.5%.
* More than half (54%) of respondents
plan to retire in 2024 or later, with
10% planning to head for the work
exit by the end of 2025.
* Half of respondents plan to stay with
their current employer 5 years or
more (vs 55% in 2022), but 28% (vs
24% in 2022) plan to stay 2 years
or less; 22% plan on staying 3 to 5
years.
26
OR Manager | October 2023
How many hours per week
do you work?
N=109
40 or less
41 to 45
46 to 50
51 to 56
57 or
more
11%
28%
39%
15%
Financial details
8%
Here is a more detailed look at some
of the key findings. (Percentages may
not add up to 100% due to rounding.)
For results related to staffing, see " ASC
volumes continue to rise amid staffing
The survey included questions about
salary and total compensation.
Salary. More than three-quarters
(77%) of respondents reported earning
an average annual salary of $100,000
or more, up from 58% in 2022 and
51% in 2021. The most common salary
ranges were $100,000 to $119,999
www.ormanager.com
About the survey
Data for the OR Manager Salary/Career Survey were collected from March 22 to June
8, 2023. The survey list comprised nurse managers of ASCs who were either OR Manager
subscribers or part of an external list. The survey was closed with 139 usable
responses. The margin of error is ±5 percentage points at the 95% confidence level.
Respondents by job title
N=137
2%
12%
27%
31%
■ Administrator/adminstrative director
■ Nurse manager
■ Director/assistant director
■ Vice president/chief nurse executive
■ Physician-owned ASC
■ Joint-venture ASC
■ Corporate/LLC ASC
ASC LEADER
87%
Female
51
Average
age
83%
RN
44%
Baccalaureate
degree
40%
Physicianowned
ASC
■ Hospital-owned ASC
■ Other
36%
11%
40%
34%
Respondents by work setting
N=137
3%
Retirement plans
N=113
2023-2025
2026-2028
2029-2033
2034 or later
10%
16%
19%
54%
challenges, " OR Manager, September
2023, pp 30-31, 33.
http://www.ormanager.com
orm_october-2023

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