Salary Increases for Senior Living Professionals

A new report based on 2011 data takes an in-depth look at salaries and benefits for a variety of positions in assisted living communities across the country. The report found an overall increase in salaries for senior living professionals, with some positions seeing a greater increase than others.

The study surveyed over 1,700 for-profit and not-for profit assisted living communities, which provided salary and benefit data on almost 65,000 employees. The report summarizes data on 19 management positions and 27 nursing, dietary, and clerical positions as well as 18 fringe benefits.

All management professions and most other assisted living professions saw a salary bump in 2011. Chief financial officers saw the highest increase out of all management positions. CFOs received a salary of 122,226 dollars, a 3.9 percent increase over 2010. Marketing directors also saw a large increase in compensation. Although marketing directors only saw a salary increase of 2.05 percent, their average bonus was 9,354 dollars or 20 percent of their annual salary. 2010’s average bonus was only 14.64 percent of that year’s average salary.

The data also revealed an average salary increase of 3.3 percent, to 141,847 dollars, for CEOs and an average salary increase of 2 percent, to 65,251 dollars, for directors of nursing.

To purchase the report: 2011-2012 Assisted Living Salary & Benefits Report, visit the Hospital & Healthcare Compensation Service’s website.