FNP2B1, BSN, MSN, RN, APRN, NP 8,521 Views
Joined: May 4, '10;
Posts: 113 (73% Liked)
; Likes: 343
At this point I would not recommend any RN to pursue the NP path if you are doing it to garner higher wages. Had a very good friend of mine just get offered a NP job starting at $35 per hour.
The wage deflation is happening. No need to spend $ for a NP education if the ROI is negative. The nursing programs should of capped NP production long ago. It's going to take 10 years plus for the over supply situation to correct itself. One only has to look at the legal profession for guidance. Have a friend of mine who graduated with a law degree and passed the bar. He makes more being a bar tender than he can as an attorney. I fear those days are just around the corner for NPs regardless of your specialty.
I can only use my own personal experience as NP wages declining. I was working at a multi-physician dermatology practice. I was making over $200k a year but knew the gross revenue I produced via cosmetic procedures was close to $900,000. I did lots and lots of botox, fillers and laser resurfacing. The owner of the practice asked me to take a cut in pay of over $60,000 because in her words " The average new NP salary for our area was $115k" This was in Southern California. I said no thank you, I know my worth and what revenues I bring in. They did bring in a new NP and tried to train her. Trust me, you don't want a brand new graduate trying to inject Botox and fillers in clients who have high demands. She lasted two weeks. The next one last 3 weeks. I got called a few weeks ago asking me to come back. I declined. So yes, wages are going down because of the glut of new graduates. I have a dozen NP colleagues who can tell you the same story. It's not isolated in any geography. If it hasn't happened to you yet it will. Over supply of NPs = lower salaries. I'm now doing locums and even that is being affected.
It's raining phlegm, hallelujah, it's raining phelgm, amen♫
I'm gonna go out to run and let myself get
Absolutely soaking wet ♫
That the patient is my ex wife. 3 years with that byeotch was enough.
Free doughnuts in the break room!
You are correct there are jobs out West in rural areas. Unfortunately the glut of new graduates has pushed salaries down. Five years ago working in rural California you could easily make close to $200k. These days the salaries are $70,000 to $80,000 less. Its all about supply and demand. There are plenty of clinics willing to pay you a low salary and they always will be around looking for fresh meat. Seasoned NPs are the ones who are taking it in the arse salary wise.
I live in a very rural area. The saturation is even starting to depress wages here. It was only a matter of time and the time is now.
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