Trends in salary, compensation, and benefits is nation’s oldest for medical laboratory CEOs, executives, and administrators
For the fourth consecutive year, a reliable national survey of compensation trends for clinical laboratory executives, administrators, directors, pathologists, and managers was conducted. The first findings of this survey will be presented on May 1 at the Executive War College on Laboratory and Pathology Management in New Orleans, Louisiana.
Slone Partners of Miami Beach, Florida, national recruitment experts for the diagnostic laboratory industry, and The Dark Report once again collaborated to produce what is fast-becoming the nation’s most comprehensive national survey of trends in compensation, benefits, and perks paid to senior executives, lab administrators, lab managers, pathologists, and Ph.D.s working in the United States.
Results of the 2012 Clinical Lab Executive Compensation Survey
The first public analysis of this national survey of lab compensation will be shared by Adam Slone, CEO of Slone Partners, on Tuesday, May 1 at the 17th Annual Executive War College on Laboratory and Pathology Management. The conference takes place on May 1-2, 2012 at the Sheraton Hotel in New Orleans, Louisiana.
Laboratory executives and laboratory human resources managers who would like to participate in this survey still have time. Currently, clients of Slone Partners and The Dark Report have been contacted and, where agreeable, are providing information—in a confidential arrangement—on the compensation and benefits they currently offer to their managers. Their human resources departments are completing surveys about the income, benefits packages, and other perks that are part of the employment agreements their laboratories maintain with key managers.
In phase two of this compensation survey, any clinical laboratory company and pathology group practice is invited to participate, also in a confidential manner. In return, it will get a private copy of the survey. Participation is simple, and requires three steps:
- First, the medical laboratory should contact the offices of either Slone Partners or The Dark Report to register its interest and provide the name of the person to be the point of contact in its human resources department. Office number at Slone Partners is 888-424-7800 and office number at The Dark Report is 512-264-7103.
- Second, the human resources contact at each laboratory will get a PIN number and instructions on how to log on to the internet survey site. The survey data from individual laboratories is collected in a “blind” fashion, so that survey compilers do not know the identity of the laboratory which completed an individual survey.
- Third, a summary of the trends in laboratory executive compensation, benefits, and perks, along with an analysis of the data, will be presented by Adam Slone at the Executive War College on May 1-2 in New Orleans. Within 30 days of that date, every laboratory which provided survey data will get a confidential copy of the survey sent at no charge to their human resources contact, in consideration for contributing information about their executive compensation packages.
Over the past four years, Slone Partners and The Dark Report have called upon unique resources to develop this national survey of compensation trends for clinical laboratory executives, administrators, directors, pathologists, and managers. For example, because of its ongoing activities in recruiting executive and management talent for a wide spectrum of clinical laboratories, hospitals, health systems, and pathology groups, Slone Partners has an internally-developed data base of compensation levels, benefits, and perks.
Surprising Trends Surfaced in Earlier Lab Exec Comp Surveys
The survey collectors use this information and the terms of current search assignments to validate the data provided by the human resources departments of the laboratory organizations which participate in the confidential survey. “Over the past four years, our survey has uncovered some surprising trends in compensation and benefits for executives, administrators, and managers of clinical laboratories,” noted Slone. “It has provided invaluable benchmarks for executive compensation committees and human resources managers as they establish competitive salary and benefits packages for their managers.”
“In each of the three years that Adam Slone has presented the findings of the National Laboratory Executive Compensation Survey, it has been a standing-room-only audience,” stated Robert L. Michel, Editor-In-Chief of The Dark Report. “This is credible information that is unavailable from any other source, to our knowledge. The large crowds for this presentation confirm that accuracy of that statement.”
For Information about Adam Slone’s Presentation on the findings of the Laboratory Executives’ National Compensation Survey at the Executive War College on May 1-2, 2012 in New Orleans:
Registration information and the agenda of the Executive War College can be viewed at: http://www.executivewarcollege.com/register/