NP Salary/Pay Let's Be Transparent

Transparency is important so we can negotiate. As a new grad nurse practitioner I accepted a ridiculously low paying position and I assumed that was the pay in the new city I move to. I have grown over the past couple years and I understand I was taken advantage of. I hope that this doesn't happen to others. Therefore, I believe it is critical we know what other nurse practitioners are being compensated so we are able to negotiate our salary and benefits packages.

I'm an FNP-C in Houston area working in Surgery (first assist, preop, and follow up post op care) Salary is 110k (negotiating to 115k), 3 weeks pto, 9 paid holidays, 1500 CME/yr, paid DEA, malpractice, 401k without match, 4 day work week (40-50hrs), on-call practically all the time (but only get calls on surgery days 2-3days/week). Overall I'm happy with the work I do.

What is your compensation package look like?

Specializes in Oncology Nurse Practitioner.

Heme/Onc NP with 8 years experience, was my first job out of NP school. I am in Upstate NY, private practice. 

I see 18-22 patients per day, 4.5 days per week. Call is 1:6. 

Salary is $103,000; no CME money. 24 days PTO. 6 paid holidays. No weekends other than call, and half day Fridays. 3% match 401k, about $1500 put into a pension each year, and $3000 profit sharing in a retirement in fund each year. Calls are first call only, don't have to go in, $1000 per weekend. 

PPD is significantly higher than in other oncology practices from what I hear, pay is lower.  Salary is significantly lower compared to other mid levels in community that work for local hospital system and are on productivity. 

Travel  nurses are making 300 k a year. My mind here ?

Specializes in AGANP-DNP.

Hospital Medicine Night NP (7P-7A) in Omaha NE 

6-12 admits nightly, 90 patient cross coverage list. Respond to all RRTs. No additional HMS provider or MD in house. 

Contracted salary. 130,000 annually with 20% bonus = 150,000 

CME 2,500. 

Create schedule with other night NPs in groups location. 12 shifts/month. 

Specializes in Former NP now Internal medicine PGY-3.
K.M.Lue said:

Hospital Medicine Night NP (7P-7A) in Omaha NE 

6-12 admits nightly, 90 patient cross coverage list. Respond to all RRTs. No additional HMS provider or MD in house. 

Contracted salary. 130,000 annually with 20% bonus = 150,000 

CME 2,500. 

Create schedule with other night NPs in groups location. 12 shifts/month. 

Similar to the job I did in south east a while back

12 admit per night ish

cc for 40-100 usually 60-90

no doc

7/7 nights 6 to 6

Respond to whatever the hospital called rapids and codes

open ICU

125 but for doing this we had a side gig thru same employer as a treat for a few hours per week for med consults in psych center bringing up to 165 ish

Also took call for a nursing home and clinic but maybe got one call per week so not as bad as it sounds (at night only)

Free health insurance that covered almost everything

401k w match

Specializes in Post Acute, Home, Inpatient, Hospice/Pall Care.

SE (Massachusetts suburb not city)
1.5 yrs NP, 10 yrs RN
Hospital based transitional care and mobile integrated health
I pick my own patients, work my own schedule and can work from home when needed.  I work on my own and only answer to one MD.
Salary $125,000
$5,000 bonus
4 weeks PTO
1 weeks CME + $5,000 CME
Full health benefit at manager level (but I don't need them)

Specializes in N/A.
8 hours ago, K.M.Lue said:

Hospital Medicine Night NP (7P-7A) in Omaha NE 

6-12 admits nightly, 90 patient cross coverage list. Respond to all RRTs. No additional HMS provider or MD in house. 

Contracted salary. 130,000 annually with 20% bonus = 150,000 

CME 2,500. 

Create schedule with other night NPs in groups location. 12 shifts/month. 

How many years of work experience do you have to get to this level?

Specializes in AGANP-DNP.

This was my first job as a new grad NP and majority of other NPs in the group start out as new grads as well. Not ideal  or safe to be honest as you could imagine.  I have worked here 5 years now.  

Specializes in New Critical care NP, Critical care, Med-surg, LTC.

NP with almost one year experience in the ICU.

13 shifts per month, 12 hours

$116K plus $18K annual critical care bonus

Awesome benefits with free tuition for myself (not that I EVER plan to go back to school) and tuition waiver if my two kids attend state university. 

Specializes in DNP, PMHNP, FNP-C.

Psych NP, private practice owner

Did 510k this year, finally broke the 500k mark after a few years.  Enforcing no show fees has been a game changer for me.  Granted I work M-F 10 hour days and didn't miss a single day of work this year with no vacation.  

The money is out there

Specializes in Psychiatry.
ZyzzFan said:

Psych NP, private practice owner

Did 510k this year, finally broke the 500k mark after a few years.  Enforcing no show fees has been a game changer for me.  Granted I work M-F 10 hour days and didn't miss a single day of work this year with no vacation.  

The money is out there

Have you hired any partners/someone to work under you? It's working out to be about $196 per hour. You could hire a psych NP to work under you for $150,000 per year and if they bring in the same $196 per hour they will bring in $360,000 a year working 40 hour work weeks with 6 weeks vacation. You'll profit over $200K per psych NP you hire.

Specializes in DNP, PMHNP, FNP-C.
10 hours ago, MentalKlarity said:

Have you hired any partners/someone to work under you? It's working out to be about $196 per hour. You could hire a psych NP to work under you for $150,000 per year and if they bring in the same $196 per hour they will bring in $360,000 a year working 40 hour work weeks with 6 weeks vacation. You'll profit over $200K per psych NP you hire.

I am looking for that right now I have been subleasing a space for the last 2 years and recently bought an office space I am renovating.  I'm hoping to get a Psych NP and then sublease the other rooms to therapists and a psychologist 

Specializes in Psychiatry.
3 hours ago, ZyzzFan said:

I am looking for that right now I have been subleasing a space for the last 2 years and recently bought an office space I am renovating.  I'm hoping to get a Psych NP and then sublease the other rooms to therapists and a psychologist 

Smart! Did you contract with insurance or self pay only? Several of my colleagues have gone private practice but they keep getting gobbled up by the big players trying to consolidate because they have trouble negotiating favorable insurance rates on their own.

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