The health and Social Care Management field is growing fast[i]. The number of people aged 65y+ (the ageing population) is increasing and so is the need for more hospitals[ii]. Thus professionals are needed to manage the modern-day complex healthcare systems.
Before starting a career, most people want to know about the expected salaries of professionals in the field. When it comes to the projected incomes, there are variations in terms of the different jobs you can perform as an expert in the field. And also according to the company where you are employed.
In this article, we will look at the annual average incomes of various Health and Social Care Management jobs, to give you an idea about what salary you can expect in this industry:
1. Entry-Level Salary
As a Health and Social Care Management professional with a bachelor’s degree, you can expect an annual salary of $59,386[iii] in the US. As your experience grows and with advanced qualifications such as a Masters degree, your income can increase to an average of $76K[iv]/ year.
The table below draws a comparison between the average salaries of Health and Social Care Managers in various countries along with their experience. Based on these statistics you can earn a five-figure USD salary for entry or mid-level positions in the Health and Social Care Management field.
Average Healthcare Manager Salary (Per Annum) |
| Salary (5-9 y of experience) | Salary (1 y of experience) |
USA | $65,113[v] | $49,936 |
UK | £43,977[vi] | £30,000[vii] |
India | ₹750,000[viii] | ₹350,000 |
Disclaimer: These are average values. The actual maximum salaries are higher. |
2. Private v public sector
It is natural to see a difference in the salary packages offered by private healthcare facilities versus public sector institutions. According to Glassdoor, the average income for a health and social care professional working in the UK’s public sector is £33,689[ix]per annum. In comparison, a working professional with similar experience has an average salary between £37,500 and £52,500/year[x]in the private sector.
3. Variations according to Geographical locations
It is important to point out that the average salary changes according to the country and the city you work in. For instance, a health and social care manager early in his/her career has an average income of $41,600[xi]/year in Chicago, USA whereas in New York the average annual salary is $60,000[xii] for an equally qualified working professional.
Final words
The demand for Health and Social Care Management professionals is increasing[xiii]. That is why it is possible to even earn a six-figure salary in this industry but only after a significant experience in the field and with advanced degrees.
If you want to improve your average yearly income, you should consider acquiring a Masters degree. SNATIKA's prestigious Online Masters in Health and Social Care Management from the UK can be completed in 12 months alongside a full-time job. And after post-graduation, you should see a serious boost in your salary packages!
[i] https://www.healthcare-management-degree.net/faq/why-is-healthcare-management-growing-so-fast/
[ii] https://www.un.org/en/development/desa/population/publications/pdf/ageing/WPA2017_Highlights.pdf
[iii] https://www.payscale.com/research/US/Job=Healthcare_Manager/Salary/0291b581/Early-Career
[iv] https://www.payscale.com/research/US/Job=Healthcare_Manager/Salary
[v] https://www.payscale.com/research/US/Job=Healthcare_Manager/Salary
[vi] https://www.payscale.com/research/UK/Job=Healthcare_Manager/Salary/81f47f7f/London
[vii] https://www.payscale.com/research/UK/Job=Healthcare_Manager/Salary
[viii] https://www.payscale.com/research/IN/Job=Healthcare_Manager/Salary
[ix] https://www.glassdoor.co.uk/Salaries/uk-public-health-salary-SRCH_IL.0,2_IN2_KO3,16.htm
[x] https://www.totaljobs.com/salary-checker/average-private-healthcare-salary
[xi] https://www.payscale.com/research/US/Job=Healthcare_Manager/Salary/e76ba4d6/Early-Career-Chicago-IL
[xii] https://www.payscale.com/research/US/Job=Healthcare_Manager/Salary/f67204e4/Early-Career-New-York-NY
[xiii] https://www.bls.gov/ooh/management/medical-and-health-services-managers.htm#:~:text=Employment%20of%20medical%20and%20health,increased%20demand%20for%20healthcare%20services.