Wages in for-profit and nonprofit private hospitals
July 01, 2005
A study of data from the July 2003 National Compensation Survey shows that the average hourly rate for all workers in for-profit hospitals, $19.26, was lower than the average hourly rate for all workers in nonprofit hospitals, $20.16.
Full-time workers in for-profit hospitals also had a lower average hourly rate than their not-for-profit counterparts, but part-time workers in for-profit and nonprofit hospitals had nearly identical average hourly rates.
The lower average wage rate in for-profit hospitals may be due to the fact that the for-profit hospitals were smaller than the hospitals classified as nonprofit. Of the private for-profit hospitals studied, only 13 percent employed more than 2,500 workers. But of the private nonprofit hospitals studied, 28 percent had more than 2,500 workers.
These data are from the BLS National Compensation Survey. For more information, see "Wages in Profit and Nonprofit Hospitals and Universities," by Karen P. Shahpoori and James Smith, in the June 2005 issue of Compensation and Working Conditions Online.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Wages in for-profit and nonprofit private hospitals on the Internet at http://www.bls.gov/opub/ted/2005/jun/wk4/art05.htm (visited July 01, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.