“There is money when you work hard.” Even during the hardest point of the economy nurse practitioners were receiving a hefty amount of money and now that the economy is starting to increase again there are ways that you, as a nurse, may earn a large amount of quantity. Keep in mind that you should also consider the other non-monetary benefits that you’ll be able to receive aside from the hourly or month-to-month salary. Some private hospitals or companies will offer you tuition reimbursement for all those nurses who have kids and this is such a great incentive especially for those people who are single parents or even who have more than two kids. Another great factor about being a registered nurse is being able to receive health insurance benefits. Not really worrying about where you’ll get the payment for hospital bills has already been a big thing. Addititionally there is the “performance incentives” which gives credit to people who are excelling in their field of labor as nurses. For nurses who work on night shifts have the opportunity to get additional percentage or even night shift differentials.
Focus is now becoming placed on Accelerated Nursing Programs who are at the “mid-level” provider level. Certain practice areas, such as Certified Rn Anesthetist (CRNA), Certified Nurse Midwife (CNM), Licensed Nurse Practitioner (CNP),) as well as Doctor of Nurse Practitioner (DNP) all generate higher salaries than other specialty places. These and other mid-level jobs are helping to fill in the void created by the reduced numbers of primary care physicians. “Women fall behind here, because they usually aren’t as aggressive as well as fall farther as well as farther behind with their salaries. You can’t end up being shy about requesting to be paid what you’re worth,” Ivey said. Together these lines, she stated, it’s important to keep detailed documentation of your achievements.
Look for in-demand shifts. Registered nurse salary differentials can range from $0.50 to $10.00 or more per hour. This range is tied to area of practice, change and certifications. Ty night and weekend break shifts increase registered nurse salary along with such high need specialties as ICU, CICU, CVICU, obstetrics, and OR. Think about benefits to be extra compensation when looking at nurse base salary. As costs rise, numerous employers shift a greater portion of the premium price to employees. Oftentimes the split is actually 80/20. This shift results in lowering of actual take-home spend. In a few cases, companies may pay 100% from the premium to compensate for a rigid salary structure.
When counting the Fast Track Nursing base income you should also add up the extra benefits. Many large companies offer benefits like premium health insurance, car loan, home, mortgage, tuition fee refund etc. Upon reaching a number of years in service try to speak to your boss and ask for an income increase. You can do this personally or you can send in a formal letter. But you have to make sure that your record is top notch; no absences, no lates etc.
There may be compensation for CEU/CMEs and college or graduate level coursework that is job related. This can impact nurse salary over both the short and long term. Over the short term the obvious benefit is that you have no additional costs for continuing your own education. In the long term you will be eligible for an overall salary increase upon completion of an advanced amount of specialty training. Sophisticated training can also lead into administrative or even leadership position, as well as a mid-level role.
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