2015 was another good year for health information technology professionals in terms of earnings power and benefits, according to results from the HIMSS 2015 Compensation Survey.
The survey of 1,900 respondents found that the average salary was $111,388 and the median salary was $90,000 in 2015. Data shows that health IT professionals in the Pacific region (Alaska, California, Hawaii, Oregon and Washington) reported the highest average salary ($127,117), while those in the West South Central region (Arkansas, Louisiana, Oklahoma and Texas) had the lowest average salary ($101,281).
In addition, survey respondents working for consulting firms reported the highest average salaries ($140,971), while those working for hospitals that are part of a multi-hospital system reported the lowest average salaries ($99,305). Those working at for-profit private organizations showed the highest average salaries ($116,726), while those at government organizations reported the lowest average salaries ($100,645).
“There is no better time to be employed in healthcare than today,” says JoAnn Klinedinst, vice president of professional development at HIMSS North America. “This is a snapshot of the exciting opportunities for IT professionals in the healthcare setting. Outside of hospitals and physician practices, healthcare also occurs in many different non-traditional settings such as retail, underscoring the dynamic shift that we’re seeing.”
Further, HIT professionals working for larger organizations ($1 billion or more) reported higher average salaries ($134,200) than did those who worked for smaller organizations (under $5 million) that reported the lowest average salaries ($114,168).
Job titles/responsibilities were an indicator of salary level in the survey. HIT professionals who classified themselves as executive management earned the highest average salaries ($196,472), while those who identified as associate staff professionals earned the lowest average salaries ($69,104).
The HIMSS survey also revealed a significant gender gap. Male respondents to the survey reported higher average salaries ($126,262) than the women ($100,762).
On the positive side, more than three-quarters of HIT professionals surveyed said they received a raise, with the average reported raise being 3.91 percent.
“I was very pleased to see the number of respondents who said they got either a raise or a bonus, which suggests that organizations are respecting and recognizing their employees,” observes Jennifer Horowitz, senior director of research for HIMSS North America.
However, less than half of survey respondents (47 percent) reported that they received a bonus in the past year. Among those that did receive a bonus, the median was 5 to 6 percent of their salary. At the same time, 12 percent of respondents that received a bonus indicated it was greater than 10 percent of their salary, and 17 percent indicated their bonus was 2 percent of their salary or less.
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