Labor Cost Management

Director/Manager of Decision Support

July 16, 2015 1:17 pm

Average Cash Compensation $126,200
Average gross annual salary $120,300
Percentage eligible for bonus or profit sharing 58%
Average bonus or profit sharing $10,200
Median Cash Compensation $119,300
Percentage reporting directly to an officer 71%
Percentage reporting to a mid-level manager 25%
Number of Participants 137
DEMOGRAPHICS
Average Age 47
Average Years Experience in Healthcare 22
Average Years Member of HFMA 14
Average Years in Current Position 5
Average Number of Employees Under Direction 6
Median Number of Employees Under Direction 4
CERTIFICATIONS Percentage Compensation
CPA 20% $130,700
FHFMA or CHFP 18% $129,100
EDUCATION Percentage Compensation
Bachelor’s Degree 38% $120,400
Master’s Degree 59% $131,200
TITLE Percentage Compensation
Manager 36% $103,500
Director 59% $142,800
ORGANIZATION TYPE Percentage Compensation
Hospital with 336 beds or less 17% $110,600
Hospital from 350 to 535 beds 17% $124,600
Hospital with 546 beds or greater 17% $125,700
System level, headquarters or regional 46% $132,700
GENDER Percentage Compensation
Men 51% $126,800
Women 49% $125,700
NET OPERATING REVENUE OF EMPLOYER Percentage Compensation
Less than or equal to $393 million 21% $106,600
From $400 million to $675 million 21% $133,100
From $690 million to $1,057 million 21% $126,200
Greater than or equal to $1,100 million 22% $147,600
YEARS IN HEALTHCARE Percentage Compensation
Less than or equal to 13 Years 22% $110,800
From 14 to 21 Years 23% $133,000
From 22 to 28 Years 22% $136,700
More than or equal to 29 Years 22% $122,200
NUMBER OF REPORTING EMPLOYEES Percentage Compensation
Less than or equal to 1 Employee 26% $114,400
From 1.5 to 4 Employees 28% $115,000
From 5 to 7 Employees 22% $133,000
Greater than or equal to 8 Employees 25% $145,000
REGION Percentage Compensation
Northeast 24% $123,300
South 31% $120,500
Midwest 28% $134,300
West 16% $126,600
YEARS IN HFMA Percentage Compensation
Less than or equal to 7 Years 26% $111,300
From 8 to 12 Years 21% $123,400
From 13 to 20 Years 27% $133,000
More than or equal to 21 Years 26% $136,800

All of the participants have titles indicating mid-management responsibilities. Most titles include the words “decision support.” Some may contain the words “analytics” or “intelligence.” 137 decision support managers and directors responded to the survey, out of 361 sampled, resulting in a response rate of 38%. There is 95% probability that the mean compensation for directors and managers of decision support in HFMA lies between $120,000 and $132,500.

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