Do Nurses Earn Big Money? You Decide.

The members of the public who are convinced that registered nurses earn huge salaries are like shrubs on the outside looking in because they do not know how much sweat and tears we shed for our educations, and they are unaware of the hazards many of us face during the course of a day at work. Nurses General Nursing Article

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  1. Do Nurses Earn Big Money?

    • 4743
      No
    • 553
      Yes
    • 344
      Not sure

5,640 members have participated

"You're rolling in the big bucks!"

Am I the only one who becomes at least mildly irritated whenever a random individual finds out that someone is a nurse and proceeds to say, "You're rolling in the big bucks!"

To keep things honest, I'll recall a few observations about the people who generally do (and don't) broadcast their feelings about nursing pay. In my personal experience, no doctor has ever told me to my face that I'm earning 'big money.' No engineers, attorneys, pharmacists, speech language pathologists, or other highly educated professionals have hooted and hollered about the supposedly 'good money' that nurses make once they discover that I am one. On the other hand, bank tellers, call center workers, clerks, and others who work at entry-level types of jobs have loudly made their feelings known about the incomes that nurses earn.

I was employed at two different fast food chains while in high school, and during my late teens, I worked a string of dead end jobs in the retail sector. From ages 20 to 23, I maintained employment at a paper products plant in high cost-of-living southern California as a factory worker and earned an income of about $40,000 yearly with some overtime. Of course I thought that nurses earned handsome salaries during my years in the entry-level workforce. After all, the average RN income of $70,000 annually far exceeded my yearly pay back in those days. Keep in mind that I paid virtually no taxes as a fast food worker because my income was so low. Also, I paid relatively little in the way of taxes as a retail store clerk.

Awash With Cash

Do nurses earn "big money"?Many of the certified nursing assistants (CNAs) with whom I've worked over the years have fallen into the trap of believing that the nurses are awash with cash. However, the ones that pursue higher education and become nurses themselves eventually come to the realization that the money is not all that it is cracked up to be. For example, Carla* is a single mother to three children under the age of 10 and earns $11 hourly as a CNA at a nursing home. Due to her lower income and family size, she qualifies for Section 8 housing, a monthly food stamp allotment, WIC vouchers, Medicaid, and childcare assistance. Moreover, Carla receives a tax refund of $4,000 every year due to the earned income tax credit (EITC), a federal program that provides lower income workers with added revenue through tax refunds. Much of Carla's CNA income is disposable.

Carla returned to school part-time, earned her RN license, and now earns $25 hourly at a home health company in a Midwestern state with a moderate cost of living. She nets approximately $3,000 per month after taxes and family health insurance are deducted as she no longer qualifies for Medicaid. She pays the full rent of $900 monthly for a small, modest 3-bedroom cottage because she no longer qualifies for Section 8. She pays $500 monthly to feed a family of four because she no longer qualifies for food stamps or WIC vouchers. She spends $175 weekly ($700 monthly) on after school childcare for three school-age children because she no longer qualifies for childcare assistance. Carla's other expenses include $200 monthly to keep the gas tank of her used car full, $300 a month for the electric/natural gas bill, a $50 monthly cell phone bill, and $50 per month for car insurance. Her bills add up to $2,700 per month, which leaves her with a whopping $300 left for savings, recreational pursuits and discretionary purposes. By the way, she did not see the nice tax refund of $4,000 this year since she no longer qualifies for EITC. During Carla's days as a CNA most of her income was disposable, but now that she's an RN she lives a paycheck to paycheck existence. I'm sure she wouldn't be too pleased with some schmuck proclaiming that she's earning 'big money.'

The people who are convinced that nurses earn plenty of money are like shrubs on the outside looking in because they do not know how much sweat and tears we shed for our educations. They remain blissfully unaware of the daily struggles of getting through our workdays. All they see are the dollar signs. I'm here to declare that I worked hard to get to where I am today and I deserve to be paid a decent wage for all of the services that I render. Instead of begrudging us, join us.

Further information to help readers decide...

 

Specializes in Pediatrics.

Haha..I appreciate the response. I'm volunteering at Children's Hospital. I tried to be an orderly, but the local hospital consistently hires within as they juggle around current employees and fit them into different shifts (at least that's the excuse I am told) :-( I'll come back when I become jaded and try to go through this thread again and see it from everyone else's perspective. I understand there is plenty of ridiculous things we have to deal with in all areas of work from mine to yours, but you couldn't pay me six figures to do what I do right now - that's why I'm OUT. My point is that we all need to vent, but as Nurses, we're going to make a difference. People in my current position aren't doing a damn thing for the good of the world. Any ounce of my expectations met in the nursing field will please me. But, like I said, I'll be back to read through this whole thread once I've been in it for awhile. Thanks again! :-)

*** I don't know how many night shifts you have worked in a large SICU with a very active open heart program at a level 1 trama center but you are mistaken. Nights have nearly as much going on as days with a lot less staff and support to deal with it. Night charge was much harder hence it was dreaded and why I was doing it. the day charge has the advantage of having the NM around to deal with a lot of things. On nights the charge is it, at least at that hospital. Lot's of doctors and lots of highly stressed emergency open heart patient's and trauma patien's families in at all hours.

Despite having owned my own business and managing employees and despite being an experienced paramedic, I was a new ICU nurse and I wasn't ready to be charge in that kind of unit. I just didn't know it at the time. I shudder to think of the risks I took.

I can attest to this. Again, especially d/t experience, I must agree.

Haha..I appreciate the response. I'm volunteering at Children's Hospital. I tried to be an orderly, but the local hospital consistently hires within as they juggle around current employees and fit them into different shifts (at least that's the excuse I am told) :-( I'll come back when I become jaded and try to go through this thread again and see it from everyone else's perspective. I understand there is plenty of ridiculous things we have to deal with in all areas of work from mine to yours, but you couldn't pay me six figures to do what I do right now - that's why I'm OUT. My point is that we all need to vent, but as Nurses, we're going to make a difference. People in my current position aren't doing a damn thing for the good of the world. Any ounce of my expectations met in the nursing field will please me. But, like I said, I'll be back to read through this whole thread once I've been in it for awhile. Thanks again! :-)

I mean that's a good plan. Unless you are doing so big time, serious shadowing or something very close up and person with it, it's really hard to get, that is, to have that "Ah ha" moment.

Even then, until the responsibility is on your plate and license, it's tough to get.

Good luck to you.

Specializes in Critical Care, ED, Cath lab, CTPAC,Trauma.
Haha..I appreciate the response. I'm volunteering at Children's Hospital. I tried to be an orderly, but the local hospital consistently hires within as they juggle around current employees and fit them into different shifts (at least that's the excuse I am told) :-( I'll come back when I become jaded and try to go through this thread again and see it from everyone else's perspective. I understand there is plenty of ridiculous things we have to deal with in all areas of work from mine to yours, but you couldn't pay me six figures to do what I do right now - that's why I'm OUT. My point is that we all need to vent, but as Nurses, we're going to make a difference. People in my current position aren't doing a damn thing for the good of the world. Any ounce of my expectations met in the nursing field will please me. But, like I said, I'll be back to read through this whole thread once I've been in it for awhile. Thanks again! :-)
I think you will find that once you are accepted into a nursing school and actually work as a nurse you might see things differently......that doesn't mean that you are jaded.....it just means the reality of the situation has revealed itself to you and you are to see that nursing is a difficult profession and we are in NO WAY compensated fro what we do.

We are not jaded.....we are realists......an occupational hazard.

Good luck on your nursing journey!

Specializes in CVICU.
I have less money now than I did working at the public library. I miss working there to boot!

Like my friend says the more you make, the more you spend.

Nurses don't make what they deserve to be making.

Love the third sentence.

I think there should be some clarification and distinctions made on the difference between a decent starting salary versus fair salary gradation for experience and merit.

Specializes in burn ICU, SICU, ER, Trauma Rapid Response.
I thought common sense of the reasoning of the several people posting this and the huge move into schools, specfically nursing, would be enough to use deductive reasoning. (As I would think I don't need to show you the total numbers of Nurses versus the total number of "Middle class" here in America as evidence) I know you don't think all these people want to do it for anything less than the money...maybe a few.

*** What you call common sense doesn't come close to maching my personal experience or observations. True I see many people headed for nursing school. However given the great number of examples we have had recently of just how easily Americans can be fooled by propaganda, and considering how pervasive the false and self serving "nursing shortage" propaganda is, I don't see a reason to reach the same conclusions your have r.e. nurses pay. Lucky for me I am in a special and very well compensated nich.

And yes, people are starting their education in Nursing like it's going out of style. 5 new AsN programs opened up here in town in the least year, not counting the approx 10 that were already here. And the new schools filled quickly. Can't imagine what these people are going to be willing to do to land a job.

*** Ya we have a glut of nurses and have for a while now, yes is is almost certain to get worse. However that is common knowlage everyone of us is well aware of. You don't get credit for pointing out what everybody already knows.

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
Ya we have a glut of nurses and have for a while now, yes is is almost certain to get worse. However that is common knowlage everyone of us is well aware of. You don't get credit for pointing out what everybody already knows.
To be fair, it's apparent that not everyone knows about the nursing glut. This is evidenced by bright-eyed pre-nursing students across the country who make statements such as "Nurses always have jobs," "Nursing is recession-proof," "There's a shortage of nurses," and "Nursing will always be in demand!"
Specializes in Med/surg, Quality & Risk.
I'm sure you've heard of the phrase: "Nothing's better than a nurse with the purse."

Yes, there are some small-minded men out there who prey on female nurses because they actually think our pockets are overflowing with cash.

Is it just me, or do you see a lot of nurses with loser husbands? I think it has something to do with the need to nurture and take care of people. I have a friend who has raised two husbands, paid for them to live for years, got them jobs at her place of employment, then they leave her. Weird.

Is it just me, or do you see a lot of nurses with loser husbands? I think it has something to do with the need to nurture and take care of people. I have a friend who has raised two husbands, paid for them to live for years, got them jobs at her place of employment, then they leave her. Weird.
God I hope not...although it make me wonder about a number of nurses and their insecure attitudes. I got really lucky very early in adult life. I not only adore my husband. I respect him. He has always worked his butt off.

I think this is the big problem of nurses now a days especially Filipino Nurses, and now I'm planning to apply ss auxialliary nurse in Norway even though i will not work as a registered Nurs but rather assistant Nurse coz i need to take the board exam in there country. Who nursing sucks, have regrets of taking thins course but nothing i can do I'm now holding this profession. Hope some one give me advice ty. you can email me at [email protected]

Specializes in burn ICU, SICU, ER, Trauma Rapid Response.
To be fair, it's apparent that not everyone knows about the nursing glut. This is evidenced by bright-eyed pre-nursing students across the country who make statements such as "Nurses always have jobs," "Nursing is recession-proof," "There's a shortage of nurses," and "Nursing will always be in demand!"

*** Yes you make a good point. I should have been more clear. I was refering to those of us involved in this discussion who I assume are experienced nurses. You are right that the message hasn't filtered down to the public as of yet.