Full time vs per diem pay difference

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Specializes in Orthopedics.

I'm curious what other NP's have experienced with pay difference between being a full-time employee (with benefits, etc) vs per diem. I've been reading difference is anywhere between 20-30% to account for benefits. I currently have a full-time position but would like to pick up some per diem work with a surgeon I know who just went private practice. Trying to figure out what $ to ask. Thanks for any thoughts/info/advice!

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Specializes in ACNP-BC, Adult Critical Care, Cardiology.

I work as a per diem (On Call NP) at another hospital and my hourly pay there is approximately 20% more than what I would have gotten paid if I were working there full time. Their rates are based on a Union Contract. I've once been offered a per diem position at a private practice group and the pay was even lower than in my full time position.

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Specializes in FNP.

It should be at least 20-30% more than your full time base rate. You could even negotiate higher than that depending on how desperate they are. I have negotiated PRN 1099 contract rates as high as $100 an hour. If you go this route, ensure you are being paid 1099 to a LLC. This is the most tax advantageous route to take. The goal with a 1099 position is to legally avoid as many taxes as possible and the best way to do this is having it paid to your LLC for business expenses.

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Specializes in Orthopedics.

Thank you both for your info. Much appreciated it!

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