Abstract: The audiology profession has an ever-changing, dynamic nature when it comes to compensation and benefits. Some aspects are consistent with other professions while others are specific to audiology. This presentation will discuss the current state of financial compensation for audiologists, as well as trends regarding non-financial benefits, such as medical insurance, educational funds, and other intangibles.
Summary: The audiology profession has an ever-changing, dynamic nature when it comes to compensation and benefits. How we are compensated is primarily based on experience and geographical location, and this presentation will explore that aspect of compensation as well as non-financial compensation, reviewing...
The 2023 US Bureau of Labor Statistics data on compensation.
The 2021 ASHA wage survey.
Comparisons with similar healthcare professions.
Discussion of methods of payment -- salary vs. commission -- and which pays more.
The most common non-wage benefits provided for audiologists.
The most common non-wage benefits requested by audiologists.
Questions employees should consider asking when applying for new positions.
Legal obligations of employers regarding compensation and benefits,
Learning Objectives:
Upon completion, participants will be able to recognize the current factors which can influence their compensation.
Upon completion, participants will be able to recognize the value of non-wage benefits, and how to compare the value of two different compensation packages.
Upon completion, participants will have valuable questions they can utilize when asking questions of prospective employers while being interviewed.