1. Federal taxes
2. State taxes (if you live in a state that taxes peoples' incomes)
3. City and local taxes, if applicable
4. Health insurance. . .some people receive medical, dental, and vision at no cost to them, whereas others pay $1,000 or more per month for the same type of insurance
5. 401k contributions. . .some people contribute 10 percent or more of their pretax income to 401k accounts
6. Short-term disability, long-term disability, life insurance
7. Shift differentials. . .many healthcare companies pay shift differentials to employees who work the 'off' shifts (evenings, nights, weekends)
Pay varies by region and cost of living. Newer RNs could be paid more than $50 hourly in the San Francisco Bay area, or less than $20 hourly in Oklahoma City.
It's not just nurses If you like having police, fire, road maintenance, building code enforcement, public education, Social Security, and a whole lotta other stuff that you get for being a citizen (not to mention our societal responsibilities towards more vulnerable members of our country), you pay taxes. Pretty much every working person does. Be grateful you can be one of us.
Thank you! The percentage is just what I'm looking for ! Its terrible how much pay is taken from nurses, sheesh!
The amount of pay that is taken from you is based on your income level, not your profession. I pay more in taxes than the guy who pumps my gas because I make more money than him. The CEO of my organization pays more taxes than I do for the same reason.
As others have said, there are MANY factors that affect one's net pay. Cost of benefits, W4 exemptions, etc. My hourly wage is technically less at my current job than it was at my last job but my net pay is the same or more because now I pay less for benefits and my mileage reimbursement more or less covers the cost of them and I'm claiming my W4 exemptions.