Annual Raise - Philly area nurses

[majitu]

Hello, I would like to know how raises work in nursing. Do you get an annual increase? What would a typical annual raise, if any, look like?

[Rose_Queen, BSN, MSN, RN]

Going to be very facility dependent. May depend on union vs. non-union facility. My facility bases annual raises on performance eval- so many points on the eval equals so much of a percentage of a raise. Until recently, said percentages were so tiny that raises were typically $0.25 or less. The other hospital in town is primarily owned by physicians and is for profit. Each employee gets a percentage of the income above a certain point for the year as a bonus.

[BiotoBSNtoFNP]

I think my raise last year was about 40 cents 😑

[majitu]

Thanks for your responses.

So if Nurse Angela's rate was $30/hour and she received a 40 cent raise, her annual salary would go from $62,400 -> $63,232 (assuming 40 hours/ week). An increase of $832, or 1.33%.

[INDNurse88]

That is pretty much what I saw when I was there. Mine was 2-3%

[majitu]

2-3% sounds way better than 40 cents!

[flyersfan88]

Mine is 3%, in addition to anything you could earn advancing in the clinical ladder.

[SubSippi]

Last year the nurses at my hospital got their first raise in seven years...2%...which for me, was about 40 cents.

Not from philly...oops.