The Utah labor market for nurses is decreasing; the supply is not meeting the demand. As the number of baby boomers reaching retirement age increases the need for nurses in the geriatric field increases as well. The current supply of registered nurses is not meeting the demand brought on by the increase in the number of elderly citizens in Utah. Wage does not appear to be linked to the decrease in the nursing labor market. The Bureau of Labor Statistics (BLS) lists the mean annual wage for registered nurses in Utah as $57,280; the mean wage for all occupations is at $35,540 putting nursing above the average income (bls.com, 2006).
The wage structure in nursing can be determined in three ways. Job based: The pay is determined by the value and responsibilities of the job. The pay is adjusted according to each job; individuals who meet certain job expectations receive the pay adjustment. This structure has little reward for those who respond to the demands of a changing work......
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Approximate Word Count: 531
Approximate Pages: 3 (260 words per double-spaced page) |