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Discussion

NP Salary

I was motivated to start this post after I overheard a physician bragging to another physician about how they "bagged" a nurse practitioner for $76,000 a year. Here's some background information for you. I live in Connecticut. The physician in question hired for a community clinic in a large urban setting with a high volume of patients. I myself was offered positions from $90,000 to $100,000 as a new grad FNP. After 2 years of experience, I was offered $115,000. I have a friend who is a new grad psych NP and she was offered up to the $160k's. When one practitioner is low balled, taken advantage of, or mistreated it can have a domino effect. I hope this post will encourage everyone to share their experience. Knowledge is power or so I've heard.

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    Unfortunate, and frustrating...

    NPs, whether new or seasoned, should understand the market rate for NPs. They should also consult with colleagues and be honest with what they are making so we know what to ask for.

    We are rarely taught the business side of our profession, which is a huge disservice to us because it forces us into servitude by default to physicians and other hiring groups who are looking to take advantage.

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    • Experts
    Unfortunate, and frustrating...

    NPs, whether new or seasoned, should understand the market rate for NPs. They should also consult with colleagues and be honest with what they are making so we know what to ask for.

    We are rarely taught the business side of our profession, which is a huge disservice to us because it forces us into servitude by default to physicians and other hiring groups who are looking to take advantage.

    I definitely agree with your first comment and have seen the negative effect on wages due to uninformed NPs accepting low rates as well as being willing to do RN or admin duties. How unfortunate but not surprising that physicians are mocking us about something totally preventable.

    I also agree we should be taught about the business side in school however if not, as we love to say in defense of our brief, superficial education, we need to educate ourselves. I believe this is also the result of being a largely female dominated field, with an oversupply at this time which has resulted in the not-so-cream of the crop inundating the profession. That so many have no clue and seemingly no interest in learning degrades us all and is unnecessary.

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    Some markets are getting so saturated with both new and experienced NPs, it's driving salaries down. I know a couple that this has happened to. It may not apply here, but it is going on in some areas. Also, PMHNPs also tend to start out a little higher salary, but I've seen some note that as more flood the market, their salaries are going down as well

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    usually people just get tired of RN work and take the way they think will be easiest and white coatiest. 2 year online program to get an RX pad??? sounds great when you come from passing meds and bathing patients.

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