sign-on bounus payout

allnurses Guide · Oct 28, 2007

Has anyone recently received one of the big sign-o bonuses? If so, do you mind sharing how much was left after taxes....percentage is fine if you don't want to share a number. I just want to plan for how much I will actually receive. Thanks in advance!

Taxes are usually 30-33% on bonuses.

athena55, BSN, RN · Oct 29, 2007

Hi Y'all....Gosh you just reminded me that I NEVER received my sign on bonus! Dang! Guess I had better go to the Unit Administrator. I guess I'll do that when I return to NYC

athena

PageRespiratory! · Oct 29, 2007

As a new grad in a medium sized (400bed) hospital outside NYC I recieved a $1500 bonus after 6 mos. They gave to me in a seperate check, with NO taxes deducted! I recently relocated to a small (20 bed) rural hospital and recieved a $5K bonus, IN MY PAYCHECK! Talk about being bumped into a higher bracket! Ugh.

I think i saw about 50% of the bonus, we'll see come next year what the permanent damage is.

Miss Mab · Oct 29, 2007

Hello,

I am receiving a "nice" chunk each Oct. for three years. I just received the first sum and it did end up being about 32% taken out(25k--actually got 17k). Kinda depressing except I had been undercutting my taxes at my real job and so now I think it will come close to even-ing out and I won't owe any next April. We'll see.

Also, it was weird that they broke that toral amount into three separate payments--all issued and deposited the same day(i.e., one for 6, one for 5,etc.)I'm not sure why they did that and I don't think it has any net tax effect on me but you might want to ask about that. Maybe the money comes from different cost centers?

Good luck,

Mab

PageRespiratory! · Oct 29, 2007

Hello,
I am receiving a "nice" chunk each Oct. for three years. I just received the first sum and it did end up being about 32% taken out(25k--actually got 17k).
Mab

So let me get this straight, $75,000 sign on bonus?????

I was offered $10K to go to Wyoming, and I though THAT was a lot!

PageRespiratory! · Oct 29, 2007

I'm having a hard time believing that is accurate. :uhoh3:

Miss Mab · Oct 29, 2007

It is, in fact, true. I am USAFR RN signed into a "critical need" specialty. It is 25k for each of three years, payable on each DOR anniversary provided I have a "good" year each of those years. (meaning you show up and do your job)

Sheesh, no one believed me when I told them my first year RN salary even though I was in SF, too. Oh well. W-2's and contract available to anyone curious. Better yet, contact an Air Force Reserve healthcare recruiter. I know mine would love to hear from ya.

Why, what did you get offered and for what?

PageRespiratory! · Oct 29, 2007

Sheesh, no one believed me when I told them my first year RN salary even though I was in SF, too. Oh well. W-2's and contract available to anyone curious. Better yet, contact an Air Force Reserve healthcare recruiter. I know mine would love to hear from ya.
Why, what did you get offered and for what?

Does the AF recruit RT's as well? I'm just curious, I've found a pretty sweet gig where I'm at. Although probably not as sweet as yours!

I don't need to see a W2, I'll take your word for it;)

I was offered a $10K bonus for a 3 year commitment at Cheyenne Regional Medical Center in Wyoming. Needless to say I was very interested, but pregnant wifey.............not so much.(to far from home)

First year out I worked full time in a SICU at a cardiac center outside NYC. Base salary=$69K + OT and bonus, I cleared $101K. Made a little more each year for next 3 years, while living with inlaws:angryfire. But it was worth it, banked quite a bit of scratch. Relocated to a rural (20 bed!) hospital, making $65K (+ said bonus). With only a 5 bed ICU, we do a lot of air transports and I would love to get into it down the road. Our ED has about 30,000 visits a year!

The Little Greek · Oct 29, 2007

Thanks everyone! I assumed it would be taxed about 30% so it sounds like that's what I should expect. I am applying to the USAF as an OB nurse and I doubt that is a critical need area. Right now it's a generic offer (meaning I have not yet been offered a job so it's the same bonus they are telling everyone about). $43K loan repayment and $25K sign-on for a 6 year commitment. I wish I was in critical care...I'd love an extra $25K EACH YEAR!

PageRespiratory! · Oct 29, 2007

Ouch, 6 year commitment! Still 68 grand in bonus isn't bad at all.

smk1, LPN · Oct 29, 2007

Does the AF recruit RT's as well? I'm just curious, I've found a pretty sweet gig where I'm at. Although probably not as sweet as yours!
I don't need to see a W2, I'll take your word for it;)
I was offered a $10K bonus for a 3 year commitment at Cheyenne Regional Medical Center in Wyoming. Needless to say I was very interested, but pregnant wifey.............not so much.(to far from home)
First year out I worked full time in a SICU at a cardiac center outside NYC. Base salary=$69K + OT and bonus, I cleared $101K. Made a little more each year for next 3 years, while living with inlaws:angryfire. But it was worth it, banked quite a bit of scratch. Relocated to a rural (20 bed!) hospital, making $65K (+ said bonus). With only a 5 bed ICU, we do a lot of air transports and I would love to get into it down the road. Our ED has about 30,000 visits a year!

NICE! nurses usually don't make this kind of money let alone RT's so I am very excited for you!