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Hospiceaides and CNAs also represented a large percentage of job vacancies and saw high turnover rates, 19.05% and 29.84%, respectively. While some hospicecompanies reported hiring and capacity gains in 2023, often driven by bonus programs, the problem persists for many providers.
Industry-wide, these bonuses in 2021 averaged from $2,038 for hospiceaides to $9,056 for executive leaders, according to the 2022-2023 Hospice Salary & Benefits Report , published by Hospital & Healthcare Compensation Service (HCS) in cooperation with NAHC. The average bonus for registered nurses was $6,330. .
Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospicecompany raised this issue in earnings calls and presentations throughout the year. Hospices of all stripes indicated that wages were rising among their staff.
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