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...

 

Specializes in Med-Surg, NICU.
also, slightly off topic, but, when we began getting a higher % of male nurses, i naively sorta kinda thought, "YESssss, now we will be paid more!!"

but, it didn't make much difference in our pay scales at all, much to my surprise.

and males never became a HUGE % of the nurses, like i'd hoped, either.

darn.

Nope. You would just have the male nurses making more money for doing the same job with the same amount of experience as their female counterparts. THAT is what would/will most likely happen.

I'm probably not in an objective position to judge what equals "big bucks" compared to most here. I have no kids and own my own house and make a little over 50k. I know I am in a position to have WAY more disposable income than most here.

With that said, I never cease to be

shocked by people who clearly live beyond their means and then complain about how hard they're "struggling". Barring medical issues or other unforeseen acts of God, I see no reason why a family with 3-4 kids making 50k a year would "struggle". No family "needs" two cars or a big house in the suburbs or name brand anything. That's not struggling, that's just called not having all the crap you want. Think about the fast food working single mother family in Detroit. Now THATS struggling. I think 50k a year for a family is more than sufficient for a perfectly comfortable lifestyle. Our society's definition of struggle shows we really don't understand that word.

Of course, all this is neither here nor there regarding whether or not nurses are compensated fairly compared to other professions. Remember, though, compensation isn't related to how *hard* or a job is. Or I would have made more moving furniture. It's all about supply and demand.

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
I have no kids and own my own house. I know I am in a position to have WAY more disposable income than most here.
Same here. I'm a single homeowner with no children.

With that said, I never cease to be shocked by people who clearly live beyond their means and then complain about how hard they're "struggling". Barring medical issues or other unforeseen acts of God, I see no reason why a family with 3-4 kids making 50k a year would "struggle". No family "needs" two cars or a big house in the suburbs or name brand anything. That's not struggling, that's just called not having all the crap you want.
My example of 'Carla' in the article shows how a single person with a $50k income can live from hand to mouth. 'Carla' drove a used car that was paid off, rented a tiny house, and had no luxuries or expensive shopping habits, yet her staggering weekly after-school childcare bill for three children under the age of ten was enough to make the house of cards shatter.

High-quality childcare is staggeringly expensive for single moms who do not have family members who can watch the kids for free. Also, it costs serious money to properly feed a family of four, unless you plan to live off generic macaroni dinners and starchy top ramen noodles.

Think about the fast food working single mother family in Detroit. Now THATS struggling.
The single mom who works a minimum wage fast food job in Detroit has an income so low that she qualifies for housing assistance, a food stamp card, Medicaid for the kids, WIC vouchers for any children under the age of five, and childcare assistance. Through EITC, she might also qualify for a hefty tax refund every April.
. Barring medical issues or other unforeseen acts of God, I see no reason why a family with 3-4 kids making 50k a year would "struggle". I think 50k a year for a family is more than sufficient for a perfectly comfortable lifestyle.

Really? You think $50K is suficient for a family of 4 kids w/mom and dad for a total of 6?? Can YOU live on $8,333.33 per year?? Because that's what it would come out to per person.

I know I live in a very high cost of living state (CT) but I can't see that $50K for a family of 6 in any state being sufficient.

Ok, I probably shouldn't have said that, as I have no experience raising children. Point taken. Also, where I live 50k goes a long way as living is super cheap here. I know my dad raised us (4 kids) well here on 40k a year so that's what I was basing it on. Of course that was 10 years ago, so apples and oranges.

I apologize if I offended.

Ok, I probably shouldn't have said that, as I have no experience raising children. Point taken. Also, where I live 50k goes a long way as living is super cheap here. I apologize if I offended.

You didn't offend me Brandon :) I was just thinking..wow...I'd love to see a person live comfortably on a bit more than $8K a year.

Specializes in PICU, NICU, L&D, Public Health, Hospice.
She did not have "dispoable income" as a CNA. She was getting handouts from the govenment. Now she has a job that gives her enough to pay her own bills so I don't have too. Sorry, but that whole paragraph with the income breakdown is a big fat welcome to the real world and grow up.

Sounds to me that a CNA going to school to improve her circumstance is not getting a handout but rather a handup.

It is sad for me the number of otherwise well meaning Americans who despise people for needing help. I think that very few of us do well in life when we are truly on our own. Not everyone comes from a family or social situation that can provide assistance for financial needs...they can't afford to subsidize college, or rent, or food, or transportation for their children. That doesn't make them less American or less valuable than the child born with the silver spoon. Mitt Romney, for example, is no more valuable to the USA because he was born wealthy and has never received welfare as compared to the young man or woman who receives support while getting an education or working toward personal goals which will improve their social status.

In my view, this "class warfare" is destructive to our society.

I was venting, cause I'm tired of relatives who lived WAY beyond their means complain about how they're losing their 5 bedroom house with a pool that they never could afford in the first place. It's those relatives (who make 60-70k a year) who I feel never should have

let things get out of hand. They could have been very comfortable if only they had been more modest. Of course, nobodys perfect, but now they're paying the price.

The single mom who works a minimum wage fast food job in Detroit has an income so low that she qualifies for housing assistance, a food stamp card, Medicaid for the kids, WIC vouchers for any childrenunder the age of five, and childcare assistance. Through EITC, she might also qualify for a hefty tax refund every April.
That's a good point. The middle class is, well, stuck in the middle with neither the independent wealth of the rich nor the government assistance of the poor. But I'd argue that all the assistance that minimum wage job mom receives doesn't amount to as much as we'd think.
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.

big-money.jpg 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.

I guess it depends on how much education you have as a nurse. ADN is good, BSN is great, Masters is better. You have have to spend a lot for all levels of education but I'd say the ROI is pretty darn good. No one goes in to nursing for the "piles" of money.

We get an extra 20 an hour at my place of work when they have a high census. 43$/hour, not bad for a community college degree. Also if you have 50k in student loans, that is poor planning on your part. Nobody forced you to go to a university, a community college ADN, and an ADN to BSN program would have cost much less than 50 Gs.

Sorry Nisteber. I forgot that in these forums you have to carefully screen every thing you say. My bad. It's been awhile since I logged on here. Gee I wonder why.

I wasn't complaining about my choice. In fact...the total cost of my education was closer to 120K, so with all the scholarships I got, I came out pretty good.

I want to go on for a masters degree..so no..my planning was perfectly fine for what my goals are.

But thanks for the input. I'll think of you and cry a little in a couple of years when I am working as a NP.

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My point in saying what I said in my original post is that their are alot of other expenses that people do not consider. Around the time I graduated...it was standard for many institutions to have significant tuition reimbursement programs--10 to 20k or more. And I took that into account when I decided to go to the school that I went to. And within 6 months or so of my graduation, many of those programs vanished. I was also expecting to go work somewhere that had a 10-15k sign on bonus..those vanished too.

Specializes in ccu.
I'm probably not in an objective position to judge what equals "big bucks" compared to most here. I have no kids and own my own house and make a little over 50k. I know I am in a position to have WAY more disposable income than most here.

With that said, I never cease to be

shocked by people who clearly live beyond their means and then complain about how hard they're "struggling". Barring medical issues or other unforeseen acts of God, I see no reason why a family with 3-4 kids making 50k a year would "struggle". No family "needs" two cars or a big house in the suburbs or name brand anything. That's not struggling, that's just called not having all the crap you want. Think about the fast food working single mother family in Detroit. Now THATS struggling. I think 50k a year for a family is more than sufficient for a perfectly comfortable lifestyle. Our society's definition of struggle shows we really don't understand that word.

Of course, all this is neither here nor there regarding whether or not nurses are compensated fairly compared to other professions. Remember, though, compensation isn't related to how *hard* or a job is. Or I would have made more moving furniture. It's all about supply and demand.

My family of 5 lived on about $36,000/year, prior to my husbands promotion, and me finishing nursing school. We had no credit cards and drove used cars (still do). We sometimes had to juggle bills around, we certainly went w/o a lot of extras, but we made it.

One of my best friends has a husband who made $98,000 last year. And her family of 5 struggles to buy food every week.

I have never understood how that can be.