Do Nurses Earn Big Money? You Decide.

The members of the public who are convinced that registered nurses earn huge salaries are like shrubs on the outside looking in because they do not know how much sweat and tears we shed for our educations, and they are unaware of the hazards many of us face during the course of a day at work. Nurses General Nursing Article

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  1. Do Nurses Earn Big Money?

    • 4743
      No
    • 553
      Yes
    • 344
      Not sure

5,640 members have participated

"You're rolling in the big bucks!"

Am I the only one who becomes at least mildly irritated whenever a random individual finds out that someone is a nurse and proceeds to say, "You're rolling in the big bucks!"

To keep things honest, I'll recall a few observations about the people who generally do (and don't) broadcast their feelings about nursing pay. In my personal experience, no doctor has ever told me to my face that I'm earning 'big money.' No engineers, attorneys, pharmacists, speech language pathologists, or other highly educated professionals have hooted and hollered about the supposedly 'good money' that nurses make once they discover that I am one. On the other hand, bank tellers, call center workers, clerks, and others who work at entry-level types of jobs have loudly made their feelings known about the incomes that nurses earn.

I was employed at two different fast food chains while in high school, and during my late teens, I worked a string of dead end jobs in the retail sector. From ages 20 to 23, I maintained employment at a paper products plant in high cost-of-living southern California as a factory worker and earned an income of about $40,000 yearly with some overtime. Of course I thought that nurses earned handsome salaries during my years in the entry-level workforce. After all, the average RN income of $70,000 annually far exceeded my yearly pay back in those days. Keep in mind that I paid virtually no taxes as a fast food worker because my income was so low. Also, I paid relatively little in the way of taxes as a retail store clerk.

Awash With Cash

Do nurses earn "big money"?Many of the certified nursing assistants (CNAs) with whom I've worked over the years have fallen into the trap of believing that the nurses are awash with cash. However, the ones that pursue higher education and become nurses themselves eventually come to the realization that the money is not all that it is cracked up to be. For example, Carla* is a single mother to three children under the age of 10 and earns $11 hourly as a CNA at a nursing home. Due to her lower income and family size, she qualifies for Section 8 housing, a monthly food stamp allotment, WIC vouchers, Medicaid, and childcare assistance. Moreover, Carla receives a tax refund of $4,000 every year due to the earned income tax credit (EITC), a federal program that provides lower income workers with added revenue through tax refunds. Much of Carla's CNA income is disposable.

Carla returned to school part-time, earned her RN license, and now earns $25 hourly at a home health company in a Midwestern state with a moderate cost of living. She nets approximately $3,000 per month after taxes and family health insurance are deducted as she no longer qualifies for Medicaid. She pays the full rent of $900 monthly for a small, modest 3-bedroom cottage because she no longer qualifies for Section 8. She pays $500 monthly to feed a family of four because she no longer qualifies for food stamps or WIC vouchers. She spends $175 weekly ($700 monthly) on after school childcare for three school-age children because she no longer qualifies for childcare assistance. Carla's other expenses include $200 monthly to keep the gas tank of her used car full, $300 a month for the electric/natural gas bill, a $50 monthly cell phone bill, and $50 per month for car insurance. Her bills add up to $2,700 per month, which leaves her with a whopping $300 left for savings, recreational pursuits and discretionary purposes. By the way, she did not see the nice tax refund of $4,000 this year since she no longer qualifies for EITC. During Carla's days as a CNA most of her income was disposable, but now that she's an RN she lives a paycheck to paycheck existence. I'm sure she wouldn't be too pleased with some schmuck proclaiming that she's earning 'big money.'

The people who are convinced that nurses earn plenty of money are like shrubs on the outside looking in because they do not know how much sweat and tears we shed for our educations. They remain blissfully unaware of the daily struggles of getting through our workdays. All they see are the dollar signs. I'm here to declare that I worked hard to get to where I am today and I deserve to be paid a decent wage for all of the services that I render. Instead of begrudging us, join us.

Further information to help readers decide...

 

I'm a registered nurse. I have no health insurance. My take-home pay is 'good.'

Take a nasty beat-down from a patient under the influence at my job, making my wage. Or better yet, get punched out by a belligerent visitor at my job while making my wage. Did you know that 45 percent of healthcare workers have experienced some type of physical violence at their workplaces?

While the whining might aggravate your ears, you'll never know until you walk a mile in the shoes of a nurse. I've already been in your shoes, as I've worked in fast food, low-paying retail, and low-end customer service. Now it's time to walk a mile in my shoes.

^ This. Totally this. Do it for a good, long while, in the kinds of clinical settings many of us have worked for decades. Then please come back and let us know.

BTW, I am NOT making the significant jump in salary that my counterparts in other fields are making after investing the same amount and time, and carrying a boatload of responsibility. The entry rate is better than the Walmart, but years later, after working in the battlefield, you aren't making that much more compared with other fields. The exceptions are going into administration, going back to school to do CRNA, going into pharmaceutical sales, things like that. Yes, if you are at a hospital with a strong union, you may fair better, but relatively speaking, not all that better. So unless you want to go into admin or sales or something like that, you, even as an experienced RN, will not make significantly more than what you started as compared with those that have the same time invested in other fields. You may end up retiring making only $30,000 to $40,000 more per year (minus OT and other incremental increases), then when you first graduated after several decades in the field.

Many teachers move beyond that at a quicker speed. People in business often do. I could name a lot more. Nurses salaries will continue to be held down; primarily b/c they make up such a huge part of the healthcare workforce.

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Word to the wise:

Take it to another thread. A good number of threads have been closed here for going way off topic and being uncivil, etc. Just saying. . .

Do what you want, but it is what it is.

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
Word to the wise:

Take it to another thread. A good number of threads have been closed here for going way off topic and being uncivil, etc. Just saying. . .

Do what you want, but it is what it is.

Thank you for this reminder to maintain the civility.

The title of the article is "Do Nurses Earn Big Money?" This is not an article about social issues such as abortion, birth control, having too many children, etc. We're beating a dead horse when we personally debate the same member for several pages over the course of multiple posts.

Thank you all for your understanding and compliance with this request to maintain the civility. We can disagree with other members without displaying a disagreeable attitude. Thanks again.

Thank you for this reminder to maintain the civility.

The title of the article is "Do Nurses Earn Big Money?" This is not an article about social issues such as abortion, birth control, having too many children, etc. We're beating a dead horse when we personally debate the same member for several pages over the course of multiple posts.

Thank you all for your understanding and compliance with this request to maintain the civility. We can disagree with other members without displaying a disagreeable attitude. Thanks again.

true, but, the OP did post about a woman on govt aide to feed her children,

and that is one of the topics, from the very first post on. Otherwise, if getting govt aide was NOT one of the topics, it probably would not have been included in the original post.

Many ppl here have posted ideas about the woman on govt aide in the original post,

and many imply, (and some openly state) that if a poor person has more children than they can afford, that is stupid, irresponsible, etc, and they should just suffer,

and i feel it is worth asking them to explain how that idea works, when they publicly post such ideas.

but i am all for everyone maintaining civility!! YES YES YES!!!

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
I think if you continue in this vein, a mod will put out a warning. They tend to take this kind of thing pretty seriously at Allnurses. In general, it seems to be true.
Please refer to post number 176. The warning has already been put out there.

true, but, the OP did post about a woman on govt aide to feed her children, and that is one of the topics, from the very first post on. Otherwise, if getting govt aide was NOT one of the topics, it probably would not have been included in the original post.
I am the OP, which is why my posts have a tan background, and everyone else's posts have the light blue background.

@ Commuter

Not to stir an argument, but since government assistance was a big part of the topic, shouldn't it kinda be fair game...?

Also, no hard feelings at anyone. But Please Ms. Jean Marie, please stop referring to me as a "She." I specifically stated I am a man in that last post. Also, it really don't bother me. Just trying to joke and break tension :)

But back on topic, I believe the stated $70k a year is good money as far as numbers go, but since I have never done the job of a nurse, I couldn't say if it is a suitable compensation as compared to what you do. But "YES," in and of itself $70k is a nice amount of money.

Please refer to post number 176. The warning has already been put out there.

I am the OP, which is why my posts have a tan background, and everyone else's posts have the light blue background.

Hi, yes, I saw it after I posted--must have been posting near the same time. :)

@ Commuter

Not to stir an argument, but since government assistance was a big part of the topic, shouldn't it kinda be fair game...?

Also, no hard feelings at anyone. But Please Ms. Jean Marie, please stop referring to me as a "She." I specifically stated I am a man in that last post. Also, it really don't bother me. Just trying to joke and break tension :)

But back on topic, I believe the stated $70k a year is good money as far as numbers go, but since I have never done the job of a nurse, I couldn't say if it is a suitable compensation as compared to what you do. But "YES," in and of itself $70k is a nice amount of money.

Oh wow, I'm sorry. I messed up and referred to you as a female too. Guess I thought it was you standing by that bike. LOL

But what do you think about my point that you go in making more that the Walmart employee, but after a number of decades, you haven't gone too far past that, compared to your peers in other fields--unless you go into administration or say pharm sales or go to CRNA school?

@ Commuter

Not to stir an argument, but since government assistance was a big part of the topic, shouldn't it kinda be fair game...?

Also, no hard feelings at anyone. But Please Ms. Jean Marie, please stop referring to me as a "She." I specifically stated I am a man in that last post. Also, it really don't bother me. Just trying to joke and break tension :)

But back on topic, I believe the stated $70k a year is good money as far as numbers go, but since I have never done the job of a nurse, I couldn't say if it is a suitable compensation as compared to what you do. But "YES," in and of itself $70k is a nice amount of money.

sorry if i referred to you as wrong gender. It was not intentional.

and i thought the same as you, Pricharilla, that people on govt aide WAS part of the topic, too!!

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
@ Commuter

Not to stir an argument, but since government assistance was a big part of the topic, shouldn't it kinda be fair game...?

Some members are going off on tangents (abortion, birth control, 'stupid people,') and discussing social issues that are far more appropriate for their own separate threads. Feel free to discuss these issues on our non-nursing forum: Break Room - For Nurses, Friends, and Family
Specializes in Critical Care.

I work 3 nights a week (granted 50% of the time I dread working) and pull 50k+ a year. Not too bad for being able to get in with only a two year degree, feeding patients meds, buttwiping, charting, and the occasional important task.

We might not be making Richie Rich status, but the nursing profession is comfortably seated in the middle class income levels and is far superior to most baccalaureate and associates level professions of similar standing in terms of cost-to-return rate.

The value is really more based on how much the individual nurse can actually stand doing the work: those that hate it will think they're underpaid and those that love it would do it for free.

No, for the most part it's not 70k+ per year (+/- for location and experience) but then again nursing is not a prestigious or autonomous profession; it's more akin to labor (at least bedside nursing). It think once more nurses realize that, perhaps they'll see their well compensated relatively speaking to other vocational careers.

Would I love to make more $$$? Of course, that's why after I finish my BSN, I may get out of nursing and may seek a different career (maybe even out of healthcare: it's not longer the golden goose egg it once was, too many lawyers and politics want a piece of the pie). But as it stands, I feel that we are well compensated on the basis of 36 hour work weeks and 3 days a week of work (others mileage may very depending on their schedual and how poor their work enviroment is - but those aren't exactly intrinsic to nursing itself).

I work 3 nights a week (granted 50% of the time I dread working) and pull 50k+ a year. Not too bad for being able to get in with only a two year degree, feeding patients meds, buttwiping, charting, and the occasional important task.

We might not be making Richie Rich status, but the nursing profession is comfortably seated in the middle class income levels and is far superior to most baccalaureate and associates level professions of similar standing in terms of cost-to-return rate.

The value is really more based on how much the individual nurse can actually stand doing the work: those that hate it will think they're underpaid and those that love it would do it for free.

No, for the most part it's not 70k+ per year (+/- for location and experience) but then again nursing is not a prestigious or autonomous profession; it's more akin to labor (at least bedside nursing). It think once more nurses realize that, perhaps they'll see their well compensated relatively speaking to other vocational careers.

I guess I want to see what nurses think about the stunted growth of income after being in the field for quite some time.