The Veterinary Hospital Management Association releases average salary rates from 2023
The Veterinary Hospital Management Association (VHMA) offers its members the Compensation & Benefits Survey Report, conducted biannually. This survey delves into the compensation and benefits offered to veterinary team members and analyzes any factors that influence these aspects. It particularly concentrates on managers, non-DVM staff, and associate veterinarians and was crafted to scrutinize the compensation and benefits for associate (non-owner) veterinarians.
This year’s survey was sent to 4,163 members of both the VHMA and the Veterinary Emergency and Critical Care Society. Out of the distributed surveys, 470 questionnaires were completed, resulting in a response rate of 11.2%. The overwhelming majority of the responses (99%) originated from the United States, while the remaining 1% were from Canada. Results found that full-time associates earned a median annual compensation of $125,000 and worked a median of 1,693 hours annually. Compensation increased by 4%, and annual hours worked decreased by 7.1% from 2021. Part-time associate veterinarians, defined as employees who work less than 1000 hours a year and approximately 20 hours per week, worked a median of 846 annual hours and received a median annual compensation of $97,500. Data from 2021 was not available for part-time associates.1
Data gathered using the Consumer Price Index found that inflation was at an average of 4.1% for 2023. This compares to an average of 4.7% in 2021.2 Cost-of-living factors should be noted when examining compensation increases.
“We have seen an increase in compensation in the last couple of years due to a tight supply of clinical staff. However, we have started to see that loosen up a little bit,” said Christine Shupe, executive director of the VHMA. “I don’t anticipate we will continue to see the dramatic increases we have seen in the last couple of years.”3
A relief veterinarian is a position that temporarily fills in for a veterinarian during vacation, maternity leave, or illness. This role is short-term and is different from a permanent part-time staff member.
“While this data point represents the workforce supply issues that practices have been experiencing, practices do recognize that they must be just as competitive on the retention side as the recruitment side. As a result, practices are carefully revisiting their compensation structures to make sure they are keeping their good, long-term employees,” Shupe stated.
References
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