Comparing A Nurses' Salary

Nurses Rock Toon

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    by Joe V
    Specializes in Programming / Strategist for allnurses.

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According to Indeed, Registered Nurses (RNs) earn between $55,726 (< than 1 year experience) - $72,833 (10+ years of experience) per year in 2021.

Forbes reported back in 2019, that top hospital CEOs were making $1 million+. Payscale currently lists the average Hospital Chief Executive Officer salary at $153,479.

How do you feel about your salary compared to other professions?

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$30,000 a year, which is what I will start out making as a new grad wherever I move to (except the deep south maybe), is enough for me. As long as I can pay my rent, monthly bills, food, and any small splurges here and there, I'm okay. The system is rigged so that those on the top get far more than they deserve, and while I resent that, it is how it is. As long as those high-earning useless eaters don't screw me over. And the same thing goes for the low-level manager making at least 3 times more than me.

fjellgren

56 Posts

So far this year, I'm on track to making $65,000 (gross) which is a little lower than what I made last year. I'm pretty good with it and living in Florida with a relatively low C.O.S. also helps. Nurses deserve to have higher pay than other professions because of the magnitude of risks, and stress, involved in providing patient care regardless of the care setting.

Specializes in orthopedic/trauma, Informatics, diabetes.

I am in the deep south and make 40k as a new grad. About the same as I was making as a teacher (with a masters).

"The Bureau of Labor Statistics reports employment among Registered Nurses will grow faster than the average for all occupations through 2018."

And how rapidly is the number of new nursing grads growing? When will there be even nearly enough jobs for all of them?

Specializes in Clinic NP.

When I compare myself to other people I graduated with, I used to think I was doing okay, now i'm feeling really good on the earning potential after NP school. Finally got the job!

I'd say I used to think my job is more stressful than some, i'm leaning against that now, it just has much more impact on peoples lives. I made 42K first year out as an RN in MS. If you're making less, I hope you're loving your work! Elsewise move! ;)

Cold Stethoscope; I think part of te not being able to get a job has more to do with the industry thinking they are in a poor profit environment, acutality points otherwise: now it's more of an excuse in layoffs (sorry the economy's bad downsizing), or lesser staffing. But more than all of those to me seems to be people may be staying in the field (if they aren't given a state hospital pension that is), most peoples retirement just isn't what it used to be... so the older nurses stay in just a bit longer. IMO

BrandonLPN, LPN

3,358 Posts

I don't know, I think 30k a year is insultingly low for a RN. Even a new grad. That's what, $15 an hour? As a LPN in a lower cost of living rustbelt state I won't get out of bed for less than $20 an hour. To pay someone with the level of education of a RN 30k a year is unacceptable.

SE_BSN_RN, BSN

805 Posts

Specializes in LTC, Agency, HHC.

$30K is way too low, even for a new grad! My salary is low, for an LPN, about 55K a year doing PDN whereas in LTC my salary was 65K.

I am interested to see what my salary will be as a new grad RN. According to local hospital pay for a new grad in my area, I am looking at about a 15K increase for me with a BSN. Hey, if I can live off my current salary and put that extra 15K a year to my student loans, thats all I need!

SL2014

198 Posts

Specializes in Case Management, ICU, Telemetry.

From what I have seen here in the Phoenix, Arizona area, hospitals start at about 21.00/hr (42K a year) but LTC facilities start RNs at 30ish/hr (60K a year). I personally think that the financial benefit of being a nurse exists in the 12 hour shifts, one could easily pick up a one-twelve per week second job and bring in an extra grand a month...

jeannepaul, BSN

134 Posts

Specializes in hospice.

As a new grad in 2000 I started out at 14.75, only $2 more than I was making as a dental assistant. As an RN, you can make over 100,000. You have to work you butt off, but it can be done. It will come with overtime, mileage and anything else you can get. The problem is once you get used to making this, it is hard to go back down to a "normal nurse" salary.

Specializes in LTC Rehab Med/Surg.

I make 2.5 times more than my husband makes.

I make twice as much as any of my siblings except one.

It hasn't alway been this way. The outsourcing of jobs has devastated my family.

I make about $45,000 a year and I feel blessed on more days than not.

rosie861

3 Posts

I don't know, I think 30k a year is insultingly low for a RN. Even a new grad. That's what, $15 an hour? As a LPN in a lower cost of living rustbelt state I won't get out of bed for less than $20 an hour. To pay someone with the level of education of a RN 30k a year is unacceptable.

Agreed! I make half that as a home-health aid and I dont have certificates, degrees or anything. Im in Nursing school and thats why I was hired..

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