Salary negotiation

Specialties NP

Published

Hi all,

I am currently working per diem in a clinic and full time RN in a hospital in a new york city area, now my boss is offering me 100000k base salary, 3 years contract, after two years, will have incentive bonuses based on productivity. He also offers 2 weeks of vacation, 1 week CME, 2 sick days, 8 holidays, dental, medical, and 401k. we see almost 80- 90 patients every day. I am currently working as an RN, with 6 years of acute experience, making $50 an hour. I can easily make it if I pick up OT. But after a while just feel sick of on my feet all day. Initially I thought it was a good offer, I verbally accepted it, but haven't signed contract yet. I never learned how to negotiate because my job has always been a unionized job. I am thinking to quit my current RN job and start my new NP career, Just wanted to see what you guys think. Would you still negotiate and ask for a higher base salary? 3 years contract is a long commitment ... he said the physicians contract there is 5 year. The doctor is very passionate to train new staffs and the physicians and staffs do stay and work for him for over 10 years.

Specializes in Hospitalist Medicine.

How many hours a week do you work as an RN? $50/hr at 40 hours per week for 52 weeks is $104,000. I would definitely negotiate for a higher salary!

I would not accept that pay in New York City. As you already know, you can earn more than that as an RN there. Ask for more money.

I echo the above responses. As well, ask realistically how many hours a week on average do you expect to be working. I'm a fairly new NP with a year and a half of experience. I remember my first job interview quoted me 85K a year (i work in the southern states). However, I soon realized with the hospital rounding, being on call, etc. that I would be working some 45 to 50+ hours a week. Dividing the salary by the hours the wage was less than what I was making as a floor RN (much less if you factor in overtime) so I rejected it.

3 year contract seems rather steep. I told my current employer in which I signed a one year contract with that "the contract is to protect you, not me. The point of me signing the contract is that I'm happy with the compensation" I brought up xyz that I wanted to be changed in the compensation and we negotiated from there. Make sure you're happy with the job and compensation before signing a 3 year contract.

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