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It pays to be the boss. Survey shows top hospital execs' pay hikes leave little for other managers in departments.

Modern Healthcare's annual survey of salary and compensation trends shows that it truly pays to be the boss. This year's data show the healthiest pay hikes in three years for hospital managers, directors and executives. The overall pay raise--defined as the increase in cash compensation--averaged 4.2% in this year's survey, up from 3.48% last year and 2.47% in 1995. See page 76 for a comprehensive list of the winners and losers.