Nurse Residency Program

The residency program at my hospital is tied to specific jobs in the ICU, CVICU and ED. It includes courses and preceptorships as you go through the six months of residency, which is also your orientation to the nursing position you've accepted. They are limited in number, once a year, and highly competitive. It's a job interview and a residency placement all in one. I'm not sure if that's similar to other programs, but that's how it is here. Find out about the specific residency programs available to you in your area, and ask the contact person for each about some of those aspects of that program. Is it tied to a specific position, what makes a strong candidate, etc.? The answers will help you decide if it's right for you.

Yes, they are usually quite competitive. Application windows/deadlines will vary from hospital to hospital but you will want to apply as soon as you able (i.e. May 2017 graduates are probably applying now).

I did not pursue a residency program but I know some nurses who did and it worked out very well for them. Be sure you know the terms of your agreement with the residency program (pay, hours, months/years commitment). They can be a wonderful opportunity in terms of training, support and networking. There are also less desirable arrangements in terms of pay/hours/commitment where it would be preferable to apply for a regular RN job accepting new grad applicants.