ASSOCIATION
AAEP News June 2024 V
Dollars and sense: New tool calculates total value of compensation package
There’s been a lot of good news lately on the salary front in equine practice, not the least of which is data from the 2024 AVMA/AAEP Report on the Economic State of the Equine Veterinary Profession showing that the average starting salary for all 2023 graduates choosing full-time employment in equine practice has risen 62.9% since 2020 to $94,389.
Total compensation, however, encompasses much more than salary and includes the value of all benefits provided by an employer. To help associates and interns gain a clear understanding of the total value of an employment offer, the AAEP Compensation Subcommittee has created a fillable worksheet that considers all aspects of compensation to ensure the total value meets an individual’s financial needs.
When considering a compensation package, benefits must be included. According to data from the 2022 AAEP Salary Survey, over 80% of respondents receive continuing education expenses, AAEP membership dues and liability insurance. An additional 58% receive medical insurance. Examples of other benefits that may be offered include state licenses, other association dues, disability insurance, dental insurance, housing and apparel stipend.
When considering an employment offer, be sure to calculate the total value of the compensation package by using the fillable benefits worksheet available at
aaep.org/ guidelines-resources/veterinarian-resources/sustainability/compensation.
USDA strengthens regulations to protect horses from soring abuse
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) on April 29 announced strengthened Horse Protection Act regulations in an effort to end horse soring at Tennessee Walking Horse shows.
The Horse Protection Act (HPA) is a federal law that prohibits sored horses from participating in shows, exhibi- tions, sales or auctions. The act also prohibits the trans- portation of sored horses to or from any of these events.
The stronger regulations include:
• Eliminating industry self-regulation and the role of industry-backed Designated Qualified Persons as inspectors at horse shows, exhibitions, sales and auctions. Only APHIS inspectors and independent non-APHIS-employed horse protection inspectors screened, trained and authorized by APHIS will have inspection authority.
• Prohibiting any device, method, practice or substance applied to a horse that can cause or is associated with soring.
• Prohibiting on Tennessee Walking or racking horses all action devices and non-therapeutic pads, artificial toe extensions and wedges, as well as all substances on the extremities above the hoof, including lubricants.
Use of stacks and chains are among the practices prohibited under strengthened Horse Protection Act regulations.
• Removing the scar rule from the regulations and replacing it with a more accurate description of visible dermatological changes indicative of soring.
• Amending recordkeeping and reporting requirements for management at covered events to better enforce the HPA.
The rule, which takes effect Feb. 1, 2025, has been published in the Federal Register and can be viewed at
public-inspection.federalregister.gov/2024-09469.pdf.
Humane Society of the U.S.
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