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How Much Lpn Get Paid – How much do you earn? According to the Bureau of Labor Statistics, the median pay for s is $77,600 per year or $37.31 per hour. But that’s just an average with varying degrees of experience, features, locations, and oh, so many other factors.
To shed some light on this, we asked the community, 3,000 US respondents to our salary survey, to share where they are in their nursing careers, how much they earn, and the many factors that contribute. They earn.
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An important consideration when talking about nursing income is the state and city where you work. Some cities and states pay much less than others, and this is 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 is likely the type of nursing career you have. For example, a more entry-level role such as a CNA earns much less than an advanced practice registered practitioner or CRNA.
If you’re starting out in nursing or trying to advance your career, you may want to know which types make the most money. Not all nursing careers are paid equally! Below are the top 5 highest paying nursing careers, but you can check out the full list of highest paying nursing jobs.
Another big factor in how much you make is what degree or certificate you hold.
While the BLS does not differentiate between those who have earned an Associate’s Degree in Nursing (ADN) versus those who have earned a Bachelor of Science in Nursing (BSN), which degree you have does affect what you earn. How much can you earn!
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Of the ADN- and BSN-prepared s we polled, we found that BSNs were earning, on average, $3.89 more per hour than ADNs!³
With a master’s degree there is an opportunity to earn significantly more money in your career. Among the MSNs we polled, the average hourly pay was $52.61 and the average annual salary was $131,309.
According to the U.S. Bureau of Labor Statistics, the median pay for master’s-educated graduates is $123,780 per year or $59.51 per hour.
DNPs and PhDs in nursing are the highest level of nursing education. According to Payscale, s with a Doctor of Nursing Practice (DNP) degree earned an average base salary of $107K as of June 3, 2022.
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S across the board start their career at a lower starting salary than a more experienced RN. Among those we polled, the average hourly wage for a new S was $29.04.
As a recruiter gains experience on the job, they will also advance in pay. Hourly wages increased by years of experience among all of those we spoke with, with 20+ years on the job averaging $41.14 – $12.10 more per hour than early in their careers!
While specialty, degree, where you work, and many other factors, certainly play a role in how much you make, experience will always be a factor.
The US Bureau of Labor Statistics reports that 13.3 percent of registrants are men, a substantial increase from 2.7 percent in the 1970s.
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Interestingly, although nursing is still a largely female-dominated profession, there is evidence that men earn more than women for the same work – even controlling for differences in career complexity and job experience. during
A study from the University of California, San Francisco found that men earned about $5,000 more per year than their female counterparts in the same job.
Our own study confirmed this finding, with men who responded to our survey reporting, on average, earning $2.73 more per hour than their female counterparts.
As such, your hours aren’t always cut and dry. In addition to full-time versus part-time options, s can also work on a per diem or contract basis.
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Per Diem Nursing: Per diem literally means “by the day,” which means they are the only ones who work on call. They get to choose their own schedule and don’t have to meet minimum shift requirements.
Contract Nursing: Contract nursing is similar to per diem nursing, except that you will work a fixed amount of hours for the duration of your contract with the hospital or facility. This will guarantee you the stability of full-time hours and benefits, but you will have to work weekends or holidays and have less flexibility than per day.
In our poll, contract nursing was as popular as per-diem nursing with 4 percent reporting working as a contract.
RN salaries also vary based on your specialty. According to our opinion, the highest paying specialty was OR, where earned, on average, $51.47 per hour. The next two highest payers were Endoscopy at $43.68 an hour and ICU at $43.15 an hour.
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Paid either an hourly rate or an annual salary. Our survey found that most s are paid per hour.¹
Generally, those who work in direct patient care areas are paid an hourly wage. This includes ADN, BSN, MSN, NP, and DNP.
For example, if a patient care RN earns an hourly wage of $50 per hour, and they work a 12 hour shift, they will make $50 x 12 = $600 per shift.
S who enter a management role, however, are usually paid a salary. This means that they are paid a predetermined, fixed amount by the institution where they are employed.
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For example, if an RN earns a salary of $80,000 per year to work as a unit director for an intensive care unit, they can divide their total annual salary by 12 months to determine how much they can expect to receive each month. can (That comes to $6,666 per month).
In these cases, the total number of hours worked is not the most important factor. However, the expectation is still that they are putting in full-time hours in the workplace.
In addition to salary, some RN hospital administrators are also incentivized with a year-end bonus in addition to their salary.
For s, base salary is just the beginning. 96% of s responded that they received some form of additional compensation.² This can be achieved in a number of ways including overtime, shift differentials, stipends or bonuses for related nursing expenses.
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The most common form of extra compensation is overtime, with 34 percent of our polled saying they receive it.
Overtime pay refers to 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 offer time and half or double time pay for overtime or holiday hours. So earning $50 for each overtime hour would work out to $75 or $100 per hour.
This is also a reason why some people like to work on holidays like Christmas or Thanksgiving. They have an opportunity to increase their pay by working the same amount of work they normally would.
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Paying more for shift differentials is also common. 24% of those we spoke to received extra money for it.
A shift differential is additional hourly pay for those who work shifts that are considered less demanding, such as middle shifts, graveyard shifts, or weekend shifts.
A shift differential can also help s to work those shifts and ensure adequate staffing. In many cases, s will work a certain number of weekend or night shifts. Still, the shift difference helps people feel more appreciated for working hours that they would not have chosen to work themselves. It can also help with retention in some cases.
A shift difference can be anywhere from $2 to $8 per hour, which can add up significantly to pay at the end of a shift.
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Some people who have been working the night shift for years are reluctant to switch to the day shift because they don’t want to take a pay cut in exchange for non-different day shift hours.
Bonuses can be earned at the end of the year, or for other reasons such as confirmation, retention, selective shifts, specialties, performance and even COVID-19.
In some cases, administrative RNs are incentivized through year-end bonuses to find ways to save the hospital money by switching to less expensive products, reducing hospital infection rates, increasing patient satisfaction scores, or Improve patient outcomes in some way.
Each institution sets their bonuses differently depending on what financial and patient care goals they are trying to achieve.
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Many wonder if they should negotiate their salary and it’s especially difficult for new people to know how to navigate this. So we asked our community to weigh in. Here’s what you have to say:
2. Recruiters will always tell you that they operate on a grid or pay scale and that they cannot negotiate (lie – everything is negotiable). If you can offer the value that you bring to the table that benefits them significantly
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