Although many salaried positions at continuing care retirement communities (CCRCs) saw significant compensation increases between 2011 and 2012, only a handful had back-to-back salary increases the following year to achieve combined double digit growth, according to a recent report.
Out of 42 salaried positions tracked at all participating facilities for the CCRC Salary & Benefits Report 2013-2014, published by the Hospital & Healthcare Compensation Service, consecutive-year salary increases above 10% were reported for just six positions from 2011 to 2013.
While executive directors of CCRCs had the largest salaries out of all salaried positions tracked by HCS, they came in at number six with a two-year, 10.32% increase to an average $148,007 in 2013.
Next were assistant directors of dining/food services for non-graduate dietitians, up a total 10.48% to $50,728 in 2013 from 2011.
Chief financial officers had the third-largest back-to-back cumulative salary gains, at 11.51% to $130,650 on average—the second largest salary behind executive directors.
Salaries for assistant directors of dining/food services for graduate dietitians increased 12.59% from 2011-2013 to $57,660.
The largest cumulative salary increase for two consecutive years was for the position of facility controller, with a 15.45% salary boost to $85,562.
Positions that had double-digit salary gains from 2011-2012 followed by decreases on average the following year include associate directors of CCRCs; nursing home assistant administrators; directors of dining/food services for graduate dietitians; and social service and activity directors, which saw a 29.4% jump in salaries before a decrease of 8.56% by 2013.
Written by Alyssa Gerace