Sherman Hospital Salary

As of August 2026, the average annual salary for employees at Sherman Hospital in the United States is $101,904. This translates to an approximate hourly wage of $49. Salaries at Sherman Hospital typically range from $89,473 to $115,671 annually, reflecting the diverse roles and experience levels within the company.
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Is Sherman Hospital’s Pay Competitive? Salary Benchmarking Analysis

How does Sherman Hospital's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Sharon Ruyak CNM $98,487
-3.4%
Sharon Ruyak CNM likely leverages performance bonuses over the high base salary shown here.
Kootenai Health Foundation $91,209
-10.5%
Kootenai Health Foundation may offer non-monetary perks in lieu of competitive base salaries.
Reeves County Hospital District $85,882
-15.7%
Normalized for lower cost-of-living zones where Reeves County Hospital District primarily operates.
Floyd County Medical Center $86,167
-15.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Healthcare Industry $121,907
+19.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Sherman Hospital

Considering a career at Sherman Hospital? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Management actively promotes a culture of respect and kindness among all staff members. Communication is formal and often delayed. Benefits are competitive, including good health coverage and paid time off. Overall care is fine but could use more engagement. Professional growth is prioritized through meaningful development opportunities.
It’s a reliable workplace for people seeking routine, but less so for those hoping to innovate or rapidly advance. There is a strong focus on professional development and employee well-being. If you’re okay with doing the same tasks every day, you’ll be content. There’s room to grow, but you need to seek those opportunities proactively, as they’re not always clearly advertised or encouraged by def...
Benefits are robust, and the focus on patient care drives strong performance across departments. This healthcare organization combines the resources with the compassion of a community hospital. Training opportunities are present but vary in quality. Those who value routine and defined responsibilities will likely find the work environment suitable. Leadership is polite but distant, and staff often...

Sherman Hospital Overview

Website
www.shermanhospitals.org
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Healthcare
Headquarter Address
1425 N Randall Rd Elgin Illinois IL 60123
Revenue
$10 Million - $50 Million
Phone Number
+1 8477429800
Social Media
About Sherman Hospital
Sherman Hospital is a company that operates in the Hospital & Health Care industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Elgin, Illinois.

What Benefits Does Sherman Hospital Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sherman Hospital offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Elgin?

Understanding the cost of living near Elgin is key to truly evaluating a salary offer or your current compensation at Sherman Hospital.
Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). NW Chicago suburb, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from Sherman Hospital, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of Sherman Hospital salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,400 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sherman Hospital

1. What is the typical salary range (low to high) for most roles at Sherman Hospital?

The typical annual salary range for most roles at Sherman Hospital is approximately from $89,473 to $115,671. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Sherman Hospital pay compared to Sharon Ruyak CNM?

The average annual salary at Sherman Hospital is $101,904, or an hourly wage of $49, in comparison to Sharon Ruyak CNM which pays $98,487 per year or $47 per hour.

3. Do salaries differ significantly between departments at Sherman Hospital?

Yes, salaries often differ between departments at Sherman Hospital due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Sherman Hospital?

Experience level is a significant factor in determining salary at Sherman Hospital, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Sherman Hospital in Elgin is fair given the local cost of living?

To determine if a salary offer from Sherman Hospital in Elgin is fair, first compare the gross salary to our data for similar roles at Sherman Hospital and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Elgin" to understand its purchasing power.

6. Why might an individual's actual salary at Sherman Hospital differ from the ranges shown here?

An individual's actual salary at Sherman Hospital can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.