Directors of Information Technology (DITs) in Continuing Care Retirement Communities (CCRCs) received an average salary increase of 3.70%, according to the most recent national study published by Hospital & Healthcare Compensation Service (HCS) in cooperation with LeadingAge.
The national average salary for Directors of Information Technology (DITs) in Continuing Care Retirement Communities (CCRCs) increased 3.70%, according to the 2019-2020 CCRC Salary & Benefits Report. The 2018 increase was 2.67%. The national study is published by Hospital and Healthcare Compensation Service (HCS) published the study in cooperation with LeadingAge.
The national average salary for DIT was $94,398. The national average salary in CCRCs with gross revenue <$17.5 million was $73,088, compared to an average of $98,446 in CCRCs with >$17.5 million in gross revenue. In a comparison by state, the lowest salary was reported in Ohio at $86,759, with the highest reported in New York at $102,855. The Director of Information Technology received an average bonus of 7.90% of salary; 37.94% of participants reported bonus data.
Turnover for Top Level Executives decreased sharply from 20.22% in 2018 to 7.68% in 2019. 80.64% of study participants were not-for-profit facilities, with 43.14% of respondents religiously affiliated.
This year marks the 22nd annual year of publication of the Report. 506 CCRCs participated and provided compensation data on 86,650+ employees, covering 46 management and 53 nonmanagement positions. Findings are reported according to revenue size, total unit size, region, state, and CBSA. The Report also includes 18 fringe benefits, turnover rates by department, and projected salary increases by department for 2019 to 2020.
While the latest CCRC Report is available for $350, the price for LeadingAge members is $275.
Visit the HCS website at www.hhcsinc.com or call (201) 405-0075.
Also be on the lookout for the upcoming Nursing Home Salary & Benefits Report, which will be published in late July.