How much of a yearly increase in pay do you see?

Nurses General Nursing

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In my area new RN's start out at about 18.00 an hour. There is not a very high annual pay increase. Just curious as to what everyone else's is on his/her annual raise.

My hospital has a clinical ladder system. I was fortunate enough to start out at 21.75. With a point system, nurses are able to earn their raises by going above and beyond the expectations of a 12 hour shift. I recieved an additional $2/hour last year and will get an additional $2/hour in August. There is one one more year that I can do this and I will top off at $28.50/hour next August.

With a point system, nurses are able to earn their raises by going above and beyond the expectations of a 12 hour shift.

What constitutes going above and beyond the expectations of a 12 hour shift?

Specializes in Adolescent Psych, PICU.

What retirement? Im asking in all seriousness. I pretty much thought it was BROR anymore (bring your own retirement).

I'm confused about this. I hear this a lot but as someone mentioned before, I thought it messed with your retirement? Do people generally stay PRN at their old facility in order to keep their retirement unaffected? How does it work out so you're not negatively affected by changing jobs every few years?
Specializes in OB-Gyn/Primary Care/Ambulatory Leadership.

Hospitals often do not do employer-matching for PRN employees. So what the employee contributes is all there is. For those employers that do match, it's usually a graduated vestment. So if they leave after two years, they may only get 40% of the employer matched contribution. But they still receive 100% of their own contribution, and they can just roll it over into a private IRA or to their new employer's program.

Specializes in Med/Surg, LTC/Geriatric.

I've always been pretty union-neutral...and now I'm in one (as are the majority of public nurses in Canada). And even though it can sometimes bother me to know that the laziest nurse I work with is making the same as me, it's also comforting to know the boss can't pay a nurse with the same experienced and qualifications more than me because they are nicer, perkier, quicker or whatever.

Anyways, back to the OP's question...I received a $1.01 increase/hour on April 1, 2009 and another $0.74 raise per hour on April 1, 2010, as did every other LPN in BC who is under HEU or BCGEU. Plus a few minor increases in shift differentials.

So, in just under 2 years of nursing, I have had a total of $1.75/hour raise. Not bad. On April 1, 2011, there will be another increase of approx $1.00 per hour if I remember correctly.

I'm confused about this. I hear this a lot but as someone mentioned before, I thought it messed with your retirement? Do people generally stay PRN at their old facility in order to keep their retirement unaffected? How does it work out so you're not negatively affected by changing jobs every few years?

I'm fully vested so it won't impact my retirement. However, without employer matching, there would be no loss by moving it elsewhere even if I weren't. If I go somewhere that actually has employer matching, it would help rather than hurt my retirement to change jobs. Aside from a pension plan or needing to be fully vested, I don't know why anyone would feel the need to stay in the same job for retirement purposes. If I wasn't fully vested I would definitely take into consideration how much I would lose if I had employer matching and compare it to what I would get by switching jobs. Even if I lost something in retirement, it might be worth it to change jobs if I was going to get a significant increase in other benefits that offset that.

I would stay PRN not for retirement but just to maintain my hire date. There aren't any real perks for seniority at my facility aside from vacation length but I'm maxed so that's enough that I'd stay PRN and work once a month or so while trying out a new job.

Specializes in psych nursing.

Standard 3% the last 3 year with a few addition 1.25 here and there.

Thanks for all the imput...As I see it my area isn't that bad compared to our cost of living. I do see that it varies a lot from state to state/area to area and union vs non-union. My job has no union...Do you guys see an increase for extra education? None here (that I know of anyways)...

Specializes in Home Health.

I got an 'atta boy and a pat on the back. Oh yeah, and I got a lot more responsibility to go with that.

Specializes in Med/Surg, Telemetry.

We get between 0-5% increase depending on our merit review. Last year we didn't get anything, but we did get a bonus at the end of the year.

Specializes in OR Hearts 10.

3 % yearly merit

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