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.

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Specializes in CVICU.

@ [COLOR=#003366]samadams8

You refered to me many times in your previous post. And this is the internet. scared....lol

I feel really sorry for you that you feel the way you do about nursing.

Answer me this....who should I take advice from? Someone who is clearly bitter? Or the ones that are happy and successful?

Which do you think makes more sense?

And the higher degree from ASN to BSN is a joke. That whole thing is to benefit colleges and universities. And the nurses promoting it are doing more harm to the the field than good.

Citing other people's research....AKA thoughts leaving out realistic varibles to match their biased thoughts (seen this considerably in Nursing research)....doesn't not make you appear smarter. Well, maybe to the masses...simply meaning the less you are capable of comphending, the more people there are to agree and be confused a long with you. Not seeing beyond what you have been conditioned to believe. I see you are set in your thinking, which is not the way to change things in your life. Neither is complaining with no action...simply you are your own worst enemy. But your tired, so go ahead telling your yourself these things, along with the countless people that agree with you. You will have plenty of support, I am sure of it.

I've been trying you how to help yourself...but you suck on what everyone else is doing. And a clear indication is applying turning down a Charge postition, because "your burned out", which is it?

I understand your need to hold on to your feelings. Good luck to you. I will regress, it seems you are in enough distress with your struggles.

Specializes in CVICU.

Last thing I want to add is I have seen all the things you describe...and see MOST nursing struggle with your same problems.

Lastthing I want to add is I have seen all the things you describe...and see MOSTnursing struggle with your same problems.

LOL. I am not bitter; that is what you do not understand. Again, you make this something personal without really trying to understand what has been said.

You're desire to take things personally has some how blocked your ability tocomprehend what I am saying.

There are millions of nurses out there in America. Do you truly believe that out of say 1,000,000 nurses, only 0.001, if that, are worthy of compensationand proper pay gradation for their efforts in the field over many years?

You are not seeing how nurses are compensated in the long run. You'll see it when and if you see it. Perhaps you will forge ahead with your eyes wide shut to it. I don’t know, but I hope not.

Again, I'm not talking about starting salaries; but I do again refer you to the specialty hospital I referenced in my previous post.

Finally, you so misunderstand my position, I hardly know where to start.

This field in many ways has been good to me, and I have stayed faithful to my patients and families over the years. They have always been what is most important to me, not the administrative machine or any of the capricious gaming.I have been able to go to bed with great satisfaction and peace in what I have done—in spite of a lot of idiotic nonsense in how nursing is managed and can tend to function.

What I have given and received from nursing moreover comes from things of an intrinsic nature. What is frustrating, hands down, is the way nursing is often managed. FRUSTRATING--please note the word.

There is a HUGE difference between frustrated and resentful or bitter. Those terms are your subjective interpretation—much of the subjectivity in nursing, again, is part of the problem.

In 20+ years, in an area that can see a fair amount of lawsuits and such, I have never even been named in a suit.

Now, being named in a suit doesn't necessarily mean there is some presumption of guilt or responsibility. But the point is, as time and experiences progress, the statistical probability of being named, particularly in certain areas, becomes more probable.

Listen, a conscientious nurses has to often produced an enormous amount of thought, energy, and care, in the midst of various highly stressful situations NOT to make a mistake. That's how easy it is to make one. You really need to grasp that this, in those kinds of circumstances, is no small task.

Some days, you will need to give yourself a big smile and thank the Lord above that you did not make a mistake, or that you caught a mistake you made, or that a patient wasn't injured. My point is, some days getting out without causing harm, b/c of the stress load and all that is going on, and b/c of back-to-back offshifts, etc., without hurting or potentially hurting someone is a major success--much less running around thinking, "I'm Batman, Ironman or Superman."LOL T

here are NO BATMANs, IRONMANs, or SUPERMAN NURSES. That’s something that must be understand as counterproductive, since nursing is and always should be a team-based profession.

The divas and super-nurses, often legends in their own minds, do more to undermine nursing than help it.

Excelling and caring greatly as nurse are not at all the same thing as the super-nurse/diva complex. Of course many of these types know that it is problematic to demonstrate these behaviors openly too often, so what they add to the behavior is the whole subversive undermining of others. Again, they kill the very spirit and soul of nursing for their own gain.

All of us nurses with decent experience have seen the super nurse thing in newer nurses. Shoot, in a all probability, many of us went through such a phase to some degree or another at some point. Reality humbles people--hopefully--at least people that have the ability to appreciate wisdom. You get over it, but you also know it when you see it in the newer nurse or the PGY-1 medical resident. Hopefully they will get over themselves in time.

Many a nurse goes in, and better yet, stays in nursing for a very lengthy period of time, consistently bringing in his or her "A" game. It has nothing to do with fair, overall compensation, which is sad. That was/is my point.

You've got to go into this field with some humility. It has the ability to humble you right quick, as my southern relatives would say.

Specializes in Ante-Intra-Postpartum, Post Gyne.
I think nurses get paid very well for the amount of education that they have. Not in many other professions can one make 60k their first year out of school. Sometimes I look at my union contract and think "I am part of what's wrong with healthcare in America." Double overtime, triple time holidays, large shift differentials, weekend bonuses, extra shift bonuses, and God help us if we don't get a raise every year... Don't get me wrong, I love these perks, but I do think nurses are more than adequately compensated. So yes, I guess to answer the question- nurses can make a good amount of money. Maybe not the "big bucks" but decent enough, I'd say! Hiding now, please don't hate!

Not everyone gets paid like you...me? No triple holiday pay, no large shift differentials, no large extra shift differentials, any over time is state mandated, we get $4/hr to be on call with no extra pay for when me get "called in", after over three years I still DONT make more than 60k/yr (try less than $50k BEFORE taxes, I see a lot less) and I live in California in an area that has a high cost of living. People working at Costco only make a few dollars less an hour than me; and they don't have 4yr degrees with multiple specialty certifications working with people's lives. I accept it because I love my job, but I do not make a lot of money.

We live well because we live VERY modestly and my husband works. He had a slip disk and has just returned to work after almost a month (self employed so no disability pay). Paying bills with MY nursing income is going to require using savings...

@ [COLOR=#003366]samadams8

You refered to me many times in your previous post. And this is the internet. scared....lol

I feel really sorry for you that you feel the way you do about nursing.

Answer me this....who should I take advice from? Someone who is clearly bitter? Or the ones that are happy and successful?

Which do you think makes more sense?

And the higher degree from ASN to BSN is a joke. That whole thing is to benefit colleges and universities. And the nurses promoting it are doing more harm to the the field than good.

Citing other people's research....AKA thoughts leaving out realistic varibles to match their biased thoughts (seen this considerably in Nursing research)....doesn't not make you appear smarter. Well, maybe to the masses...simply meaning the less you are capable of comphending, the more people there are to agree and be confused a long with you. Not seeing beyond what you have been conditioned to believe. I see you are set in your thinking, which is not the way to change things in your life. Neither is complaining with no action...simply you are your own worst enemy. But your tired, so go ahead telling your yourself these things, along with the countless people that agree with you. You will have plenty of support, I am sure of it.

I've been trying you how to help yourself...but you suck on what everyone else is doing. And a clear indication is applying turning down a Charge postition, because "your burned out", which is it?

I understand your need to hold on to your feelings. Good luck to you. I will regress, it seems you are in enough distress with your struggles.

BTW, your whole response is without insight and substantive basis. What's more it's incredibly assanine.

The higher degrees have some benefits, but mostly, they are necessary for the advancement of the profession.

Do you realize in becoming a physical therapist, the baseline education has now become doctoral?

It's moving this way for OT as well.

Yes, nursing has DNP programs--and has always has various PhD programs, but really, what percentage of it's work force is even bachelor's prepared, much less masters or greater?

I'm saying that it what it is; but by comparison, the nursing profession, across the board, is woefully behind.

I don't doubt the money benefit for colleges and universities. That's not the point.

In terms of research, exactly to WHAT "realistic variables" are you referring?

I am not my own worst enemy; that's again, presumptuous, inaccurate, and frankly, totally irrelevant.

What is it now you are saying about charge nurse? Dude, I have been in nursing management. You, again, aren't getting it.

You are just not ready to receive it. Perhaps you will be humble and respond back in such a manner when such time arises.

Until then, it's like explaining color to a person born blind.

Specializes in Med-Surg, NICU.
I stopped at a local Subway restaurant prior to going to work yesterday evening. The 'sandwich artist,' a young man in his late teens or early twenties, asks me, "Are you getting off work?"

"I'm on my way to work," I answered.

"Are you a nurse?" he asked. "I see you're wearing those scrubs."

"Yes," I said.

"Are you an RN?" he further inquired.

"Yes," I responded.

"Oh!" he smiled. "I'm planning to study nursing! I bet you like making that thirty bucks an hour!"

"It's not too bad," I admitted.

That's not my actual pay rate (of course), but the young man didn't need to know the specifics of my compensation anyway.

I personally think it is rude to ask people how much they make or to make comments about someone else's pay.

I have a relative who is a director at a top 10 hospital and she has an ASN. And my old boss at the top 10 hospital I worked at has an ASN. So no it can happen in the hospital setting too.

I have more examples but those stick out the most.

Yes doeRAYmee, but what I have said is that you won't see this "a lot in the hospital setting," which you will not. I looking at it from a normal distribution curve.

I personally think it is rude to ask people how much they make or to make comments about someone else's pay.

Yes, I agree. But apparently he was some young kid. I'm wondering, you'd think he'd quote some rate or salary to a teacher, a physician, a social worker, pharmacists, physical or occupational therapist he was waiting on? What about that flight attendant? ;)

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
I personally think it is rude to ask people how much they make or to make comments about someone else's pay.

Yes, I agree. But apparently he was some young kid. I'm wondering, you'd think he'd quote some rate or salary to a teacher, a physician, a social worker, pharmacists, physical or occupational therapist he was waiting on? What about that flight attendant? ;)

Yes, he was a youngish guy...late teens to early 20s, definitely no older than mid 20s, and dollar signs were all that seemed to come to mind when he thought of nursing. Then again, when I earned minimum wage as a young person in fast food and retail many moons ago, I personally thought nursing was the occupation of dollar signs. So I cannot blame him.

I find your comments too funny ! My friend just graduated in Feb. 2012 and became a charge nurse in July making $55 an hour plus overtime. You can also be a travel nurse. My other friend in home health made $130K last year. I do not and will not let anyone belittle me or scream in my face or I call security...case closed. That is not why I am there. I am reading about how a woman slammed a nurse into a wall. HELLO ! That's called assult.

It just seems that nurses are always going out of their way to justify there position. You are there for the patient not the other way around. You can always transfer into another dept. if you aren't happy. A lot of jobs don't have that option and

do not have sick days or holiday pay and deal with a lot of the same issues of people being irate over something. You just have to be smarter and laugh it off.

What's too funny? Your friend graduated about ten months ago, so someone dumped charge on him or her (kind of early for a 10 mo. new grad). Good chance this is a fluke, or not altogether straightforward, or no one wanted to deal with charge. (The main reason for the latter, should any newbie want to know, is extreme issues of liability.)

Can we not talk anecdotal outliers and start talking by way of at least basic statistics 101--normal curve of distribution across the country?

Listing outliers that are are far out from the normal distribution curve is like talking about how many people you know personally that saw a shooting star last night across the world.

Travel nursing also wants strong clinical experience; however, there are the Fast Staff positions, where traveller's cross a picket line. Still, those are differenct scenarios, have their own problems, and are outliers.

Home health--$130,000? Well depending on who you work for, the pay rate is generally significantly lower than in the hospital. I know a guy that works HH for a local hospital, and he milks things there. It will catch up with him eventually, if it hasn't already.

But depending, $50 per hour * 50 hours per week will get you at $130,000.

Please, I beg all legitimate allnurse members that are making this please sign in now!!!!!

I did know a guy in a pediatric ICU who tried to always look like a hero and stayed late shift in and shift out--came in early a lot, and somehow, it was never questioned on the clock. Tons of hospitals will call the mgr on the carpet for this kind of abuse. The NM overlooked, b/c he basically functioned as, well, in the vernacular, her "b#*&C and spy.

I saw right through his antics, and I thought he was being fiscally irresponsible. Don't know if the fellow still works there, maybe so, but the NM does not. Mgt moves around a lot in critical care. He wasn't a bad guy. It was just that he was about his bottom line, even when it may not have been in the best interest of the patient or the hospital or those paying in to a limited system. And being fiscally irresponsible with your hours is problematic for institutions, especially in today's world.

Regardless, these examples are about OUTLIERS. You have to compare based on the mean that is applicable across the board, or the discussion goes no where, b/c the outliers are only what they are--outliers.

Specializes in CVICU.
I find your comments too funny ! My friend just graduated in Feb. 2012 and became a charge nurse in July making $55 an hour plus overtime. You can also be a travel nurse. My other friend in home health made $130K last year. I do not and will not let anyone belittle me or scream in my face or I call security...case closed. That is not why I am there. I am reading about how a woman slammed a nurse into a wall. HELLO ! That's called assult.

It just seems that nurses are always going out of their way to justify there position. You are there for the patient not the other way around. You can always transfer into another dept. if you aren't happy. A lot of jobs don't have that option and

do not have sick days or holiday pay and deal with a lot of the same issues of people being irate over something. You just have to be smarter and laugh it off.

Yes the charge nurse offer happened to my wife in less than a year also. I know a couple of people thats happened to within 2 years. Managment understands the difference between the roles. People with managment experience or ability is easily spotted.

There is a reason so many people are going into nursing....it's because they are fairly compesated for what they do. It is so easy to get a two year degree, and then take a few BS leadership/ theory classes in about a year to get your BSN while working. For the amount of money offered, it is a top career fro the money.

While you do seem to hear a lot of complaints about not making better pay for their experience....none of them are trying new career paths. Wonder why that is? Life is tough no matter where you work.