July 17, 2024

Life Plan Community Nursing Staff Rates Continue to Increase in 2024

BY Josh Moore

Nursing positions saw an average increase of 5.04% in 2024, following the 7.04% increase of 2023, and an average increase of 8.87% in 2022 when CNA increases reached a high of 11.03%. CNA increases dropped to 9.44% in 2023 and in 2024 the current increase was 5.03%. LPNs did not see as dramatic of an increase in 2022, going from 7.89% in 2022, 5.92% in 2023, and a smaller increase of 4.82% in 2024.

While sign-on bonuses continue to be used to attract new staff, the percent of CCRCs utilizing sign-on bonuses decreased to 56.60% from 64.19% in 2023. The average sign-on bonus for CNAs dropped slightly to $2,107 from $2,247 last year; RN sign-on bonuses increased from $4,578 in 2023 to $5,134 in 2024; and LPN sign-on bonuses rose from $3,353 in 2023 to $3,909 in 2024.

510 LPCs/CCRCs participated and provided compensation data on more than 80,750 employees, covering 47 management and 55 nonmanagement positions. 80.78% of study participants were not-for-profit facilities; 57.77% of not-for-profit respondents were religiously affiliated. The effective date of study data is March 2024. Findings are reported according to revenue size, total unit size, region, state, and CBSA. The Report also includes 19 fringe benefits, turnover rates by department, shift differentials, and projected salary increases by department for 2024 to 2025.

The latest CCRC Report is available at a discounted rate of $325 for LeadingAge members ($400 for non-members).

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