Connect with us

Headlines

Here’s What State Licensing Means for Optician Pay

mm

Published

on

The rules of supply and demand are hard at work.

Opticians’ pay increases by about 12 percent, or $3,600, on average in the year after states implement licensing requirements, according to a new study.

The reason is likely supply and demand, according to an article published in the Harvard Business Review by study co-author Edward Timmons. Fees, exams and educational requirements all make it more expensive to become an optician.

“As a result, fewer people may opt to become opticians, decreasing the labor supply, and increasing earnings for opticians,” he writes.

Timmons, professor of economics at Saint Francis University in Loretto, PA, wrote the paper with Anna Rivers, then of the George Mason University’s Mercatus Center.

Advertisement

At present, 21 states mandate licensing for opticians, with requirements varying considerably from state to state. Additional requirements, such as additional mandated exams, led to higher pay increases, according to the study.

Read more at Harvard Business Review

SPONSORED VIDEO

Shamir Glacier Plus Metaform: Stronger. Thinner. Lighter.

It’s time for a new compromise-free lens technology that completely changes our concept of what's possible. Glacier Plus™ Metaform enables customers to enjoy strength and safety alongside the aesthetics of thin and light lenses. Now Available: The next technical revolution in the world of optics.

Promoted Headlines

Advertisement

Advertisement

Subscribe

INVISIONMAG.COM
BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Most Popular