Nursing Wages

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Title: Nursing Wages

Essay Details:

Subject: Business

Author: Michael L

Date: December 24, 2016

Level: University

Grade: A

Length: 3 / 805

Essay text:

4) The second point brings to mind the phrase "people face tradeoffs." Nursing is an arduous task, and if something less arduous, such as teaching, offers a comparable wage, people will leave nursing. In order to return to nursing, the wage had to be higher than that in these less-difficult industries. It was the trade-off between hard work and higher wages that was driving this move. An article by Cohen, Milstein, Hausfeld, and Toll, (2008) reports, that hospitals in some cities were colluding to keep wages down. In 2006 hospitals in the cities of Albany, Chicago, Memphis, and San Antonio were accused of attempting to contain costs by agreeing in secret that they wouldn't pay nurses more than a certain amount...

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