Hourly pay for nursing home registered nurses and licensed practical nurses ticked up in 2018, according to the latest version of the industry’s largest salary survey.
RN hourly rates swung upward by about 3.1% in 2018, making the average hourly wage $29.11. LPNs similarly saw a wage increase of 2.43%, up to $22.72 per hour. That’s according to the “Nursing Home Salary & Benefits Report 2018-2019,” which was released in early August by the Hospital & Healthcare Compensation Service.
Although nurse salaries have continued to trend favorably, RNs and LPNs didn’t see quite as healthy of a raise as previous years. The report shows a slight decrease from the 2017 increase of 3.33% for RNs and 2.65% for LPNs.
Additionally, staff turnover rates for nurses decreased for the first time in three years.
Turnover for RNs was measured at 33.94% this year, a 1.75 percentage-point dip from last year —yet up from the 29% mark in 2015. The turnover rate for LPNs also moved downward, to 28.83% in nursing homes, compared to 30.77% in 2017.
This is the 41st annual iteration of the salary survey, which was gathered from nearly 1,500 nursing homes, employing 127,000-plus staffers. The report, which is endorsed by LeadingAge and published in cooperation with the American Health Care Association, also includes pay trends for positions ranging from administrators to housekeeping.