In the News: CHEP Interviewed in Fortune on the Labor Market for Nurses

Jason Shafrin, Ph.D., Senior Managing Director, was cited recently in three Fortune magazine articles regarding nurse’s salaries.

“‘They’re Making Big Money’: How to Earn $139,000 as a Nurse”

Summary: A career in nursing can be lucrative—although that may not have always been the case. While the COVID-19 pandemic truly did a number on the health care system at large, nurses saw many of their colleagues move on to other jobs or lines of work and that provided them with one key benefit: higher pay.

Quote: “The increasing cost of nurses will mark an inflection point where hospitals and physicians increasingly adopt more digital technologies to help monitor—with nurse and physician oversight—patients who are increasingly likely to be treated outside the hospital.”

Read full article here


“Is a Master’s Degree in Nursing (MSN) Worth It?”

Summary: For generations, a career in nursing has offered many people a path to the middle class—and potentially even higher. Nurses are traditionally paid well, and their jobs have remained more or less secure as there’s always demand for health care workers. Advancements in medical science have opened up a myriad of potential specialties and advanced practice opportunities for nurses.

Quote: “Regulators mandate and physicians demand that hospitals hire nurses to care for patients; thus, demand is relatively fixed or may be increasing.”

Read full article here


“Here’s What Nurse Salaries Look Like in 2022”

Summary: Few workers have been under the microscope in recent years like nurses. As the pandemic fundamentally altered most everything about the way we live and work over the past two-plus years, nurses in hospitals, health clinics, and doctor’s offices around the country have largely stood by, working long shifts, and bearing the brunt of the pandemic’s horrors.

Quote: “Nursing wages have increased significantly since the start of the COVID-19 pandemic.”

Read full article here

Key Contacts

Jason Shafrin, Ph.D.
Senior Managing Director