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How Much Does An Lpn Get Paid – How much does it earn? According to the Bureau of Labor Statistics, the median wage for s is $77,600 per year or $37.31 per hour. But that’s just a year-to-year average for qualifications, experience, expertise, location, and more.
To shed some light on this, we asked the community to consider it. 3,000 Americans responded to our salary survey, sharing their position in nursing careers, how much they earn, and some of the factors that contribute to this. they earn.
How Much Does An Lpn Get Paid
An important consideration when talking about nursing income is to consider the state and city where you work. Some cities and states pay significantly less than others, and that is also often determined by the cost of living in that particular area.
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At a high level, the biggest factor affecting your salary will likely be the type of nursing career you hold. For example, a more entry-level role like a CNA will earn much less than a registered advanced job like a trainee or a CRNA.
If you’re starting out in nursing or are looking to advance your career, you might be curious to know what kind of jobs make the most money. Not all nursing professions pay the same! Here are the 5 highest paying nursing careers, but you can see a complete list of the highest paying nursing careers.
Another important factor that determines how much you earn is the degree or certificate you have.
While the BLS does not distinguish between those who have earned an Associate of Science degree in Nursing (ADN) from those who have earned a Bachelor of Science in Nursing (BSN), your degree does NOT affect how much you can earn. earn!
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Of the ADN and BSN prep s we polled, we found that BSN earns an average of $3.89 more per hour than ADN!³
Those with a master’s degree have the opportunity to earn significantly more money in their career. Across the MSN we polled, the median hourly wage is $52.61 and the median annual salary is $131,309.
According to the U.S. Bureau of Labor Statistics, the median salary for those with a master’s degree is $123,780 per year or $59.51 per hour.
DNP and Doctor of Nursing have the highest level of nursing education. According to Payscale, Doctor of Nursing (DNP) degree holders earn an average base salary of $107K as of June 3, 2022.
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Everyone starts their career at a lower pay than a more experienced RN. Among the people we polled, the average hourly wage for newcomers was $29.04.
As a newcomer gains work experience, they will also receive a corresponding increase in salary. Hourly wages increase with years of experience in all of the people we spoke to, with the median salary for someone with more than 20 years at $41.14 — $12.10 more per hour compared to the salary at the start of their career!
While expertise, qualifications, where you work, and a number of other factors certainly play a role in how much you earn, experience will always be a factor.
The U.S. Bureau of Labor Statistics states that 13.3% of registered people are men, a significant increase from 2.7% in the 1970s.
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Interestingly, although nursing remains a predominantly female-dominated profession, there is evidence that men earn more than women for the same work – even controlling for differences in employment. career path and work experience.
A study from the University of California San Francisco found that men earn about $5,000 more a year than their female counterparts in the same job.
Our own study confirmed this finding, with male respondents to our survey reporting an average of $2.73 more per hour than their female counterparts.
As one, your hours are not always dry. In addition to full-time versus part-time options, s can also work on a per-board basis or on a contract basis.
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Nursing Per Diem: Per diem literally means “by day,” which makes sense since these are on-demand workers. They can choose their schedule and don’t have to meet minimum shift requirements.
Contract nursing: Contract nursing is similar to a per diem nursing, except you will work a certain number of hours during your contract with the hospital or facility. This will guarantee you stability in terms of hours and full-time benefits, but you may have to work weekends or holidays and you have less flexibility than per diem.
Among our polls, contract nursing is just as popular as per diem nursing with 4% reporting contract work.
RN salaries also vary according to your specialty. According to people we polled, the highest paying specialty is OR, where they earn an average of $51.47 an hour. The next two highest paying jobs are Endoscopy at $43.68 an hour and ICU at $43.15 an hour.
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Hourly or annual salary. Our survey shows that most s are paid by the hour.¹
In general, people who work in direct patient care are paid by the hour. This includes ADN, BSN, MSN, NP and DNP s.
For example, if a patient care RN earns an hourly rate of $50 an hour and they work 12-hour shifts, they would earn $50 x 12 = $600 per shift.
However, those who move into administrative roles are often salaried. This means they are organized where they work for a fixed, pre-arranged amount.
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For example, if an RN earns a salary of $80,000 per year to serve as a Unit Manager for a Intensive Care Unit, they can divide their total annual salary by 12 months to find the amount. they can expect to receive per month (meaning $6,666 per month).
In these cases, the total number of hours worked is not the most important factor. However, the expectation remains that they will work full time in the workplace.
In addition to salary, some RN hospital managers are often incentivized with year-end bonuses in addition to their salaries.
For s, the base salary is just the beginning. 96% of respondents said they earn some form of additional compensation.² This can be achieved in a number of ways including overtime, shift differentials, subsidies for nursing expenses related or bonus.
Nursing Pay By State
The most common form of supplemental compensation is overtime, with 34% of people we polled reporting that they received it.
Overtime pay refers to a person’s hours worked in excess of their normal weekly scheduled work hours. Full-time for s is usually 36-40 hours per week. Anything above that is “overtime.”
Most organizations will pay half or double time wages for overtime or holidays. So earning $50 will earn you $75 or $100 an hour for every hour of overtime.
It’s also one of the reasons some people want to work on holidays like Christmas or Thanksgiving. They have the opportunity to increase their salary by working the same number of hours as usual.
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Getting paid more for shift differentials is also common. 24% of those we spoke to said they have extra money for this.
Shift differentials are additional hourly compensation for those who work shifts deemed less desirable, such as mid-shifts, graveyard shifts, or weekend shifts.
Shift differences can also help incentivize employees to work these shifts and ensure adequate staffing. In many cases, s will work on certain weekend or night shifts anyway. However, the shift difference helps people feel more appreciated for the hours they would not have chosen to work themselves. It can also help with maintenance in some cases.
Shift spreads can be anywhere from $2 to $8 per hour, which can significantly increase wages at the end of a shift.
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Some people who have worked night shifts for years are hesitant to switch to day shifts because they don’t want the pay cut they will have to receive when they switch to day shifts with the same number of hours.
Bonuses can be earned at the end of the year or for other reasons like recognition, retention, shifts, expertise, performance and even COVID-19.
In some cases, administrative RNs are incentivized through year-end bonuses to find ways to save hospitals money by switching to cheaper products, reducing hospital infection rates, increasing satisfaction scores patient or improve patient outcomes in some way.
Each organization sets their bonuses differently depending on the financial and patient care goals they are trying to achieve.
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Many people wonder if they should negotiate their salary, and it’s especially difficult for newbies to know how to navigate this. That’s why we ask our community to consider. Here’s what you have to say:
2. Employers will always tell you that they follow a network or salary scale and that they are non-negotiable (lie – everything is negotiable). If you can present the value you bring to their SPECIAL benefit
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