Caring for our aged and disabled citizens is a job that can’t be left in just anyone’s hands. This is why we must have the best hands as nursing home administrators, and with the right salary, care facilities, and their occupants will get the best out of these administrators.
To become an administrator, you must undergo compulsory training for years, start as an entry-level staff and work your way up.
However, it’s important to note that one’s location can affect his or her ability to earn and that extra qualifications can actually set you apart.
Therefore, this article will look at the average salary of Nursing home administrators. It will also discuss the factors influencing one’s earning abilities as a nursing home administrator.
But before then…
Table of contents
What Does a Nursing Home Administrator Do?
The following are among the numerous duties of a nursing home and administrator:
- Makes and implements central policies and processes that adhere to professional practice standards.
- Delegate critical responsibilities such as administrative work to staff members while conferring with department directors to ensure that departments run smoothly.
- The nursing home administrator is also in charge of staff recruitment processes, which include interview sections, hiring and firing, counseling, and in-house training.
- He or she devices and sustains an operating budget per year monitors monthly financial records and makes updates where necessary to ensure patients get value for their money
- Participate in state and federal surveys of the nursing home to detect any potential issues.
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How Much Does a Nursing Home Administrator Make?
According to Glassdoor.com, “the estimated total pay for a Nursing Home Administrator is $99,324 per year in the United States area, with an average salary of $80,959 per year.
These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and is based on salaries collected from our users. The estimated additional pay is $18,365 per year.
Additional pay could include cash bonuses, commissions, tips, and profit-sharing. The “Most Likely Range” represents values that exist within the 25th and 75th percentile of all pay data available for this role”
However, Zippia.com has varying opinions on that. They pegged the average salary of a nursing home administrator to be $69,530 per year, or $33.43 per hour, in the United States.
People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $42,000 a year, while the top 10% make $113,000.
As most things go, location can be critical. California, Nevada, Oregon, New Jersey, and Idaho provide the highest Nursing Home Administrator salaries.
Meanwhile, Salary.com posits that the average Nursing Home Administrator’s salary in the United States is $122,429 as of May 27, 2022. Nevertheless, the range typically falls between $108,874 and $136,244.
Annually, Monthly, Hourly, and Entry-level Salaries of Nursing Home Administrators.
In the United States, the average nursing facility administrator’s income is $107,247 per year or $55 per hour. The starting salary for entry-level occupations is $95,000 per year, with most experienced individuals earning up to $130,000 per year.
Note: There are factors that can affect these salaries and they are stated in the next header.
Factors Affecting Salaries
The salary for a nursing home administrator can be affected by a number of things which include location, qualification, experience, certifications, and additional skills,
The organization a nursing home administrator chooses to work with can also affect his or her remuneration.
Some of the other factors listed earlier would be explained to help you understand how these factors can affect nursing home administrators’ salaries.
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Location
The need for their services in a particular location can add to the rise of their salary.
It has also been noticed that a Nursing home administrator’s salary can be reviewed based on his or her performance.
Additionally, the eagerness of the nursing home to retain, competence, qualification, and competition from other nursing homes can affect nursing home salaries.
Qualification
Apart from one’s location, the next thing that can affect your salary as a nursing home administrator is your qualification as seen above.
There are no mincing words when we say that the salaries for nursing home administrators with a post-graduate degree cannot be the same as another nursing home administrator with just a degree.
Additional Skills
According to the bureau of statistics, a nursing home administrator’s salary can also be affected by extra skills he or she brings to the job.
The recent need for administrators with health IT knowledge and informatics systems has presented awesome opportunities for nursing home administrators to earn more.
Therefore, a degree or certificate relevant to this field will guarantee more salary for a nursing home administrator.
In addition, a nursing home administrator with a Master’s of Business Administration (MBA) in healthcare management can also earn higher than the average person.
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Nursing Home Administrator Average Salary By State
Job Growth Projection
In the United States, there are around 15,600 nursing facilities with 1.4 million patients. The need for nursing facility administrators is predicted to grow by 18 percent by 2028, far faster than the average for other jobs, according to the US Bureau of Labor Statistics.
The need for healthcare services offered by these organizations is predicted to rise as the population ages. With this increase in demand, there would be gaps to fill by nursing home administrators.
Therefore, there will be a need for competent managers that can handle complex administrative functions in nursing homes.
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Conclusion
With the right training, skill, and knowledge, and in the right locations, the dedication and competence of any nursing home administrator would be handsomely rewarded.
We hope that this article on Nursing home administrators’ salaries has been of help, and would help you make the right decision career-wise.
If you have any reservations or comments, kindly reach out to us below and we’d be happy to answer whatever questions you might have.
References
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