Dear Nurse Beth,
I'm graduating this month and I have been offered two different residencies. Here are the pros and cons of both place.
ICU - Residency
2 year/10,000 contract
$23.27/hr 8$ extra for overtime
13 Week Residency, then apply to the unit I want after 13 weeks, no guarantee in the ICU
$24.69/hr - time and a half for overtime
Dear Pros and Cons,
Congrats on having 2 offers!
The difference in salary is $1.42/hr which does amount to about $2,600 per year.
But be sure and look at the other benefits, such as insurance, co-pays, and tuition reimbursement.
A 13-week orientation and a residency are both good, although a residency may offer more structure and supportive components. My bias is towards residency programs for new grads.
If both organizations have good reputations, the deciding factor may be the ICU placement if that is highly important to you.
Is either hospital unionized and what is your preference as far unions?
What is the nurse-patient ratio in ICU and on the units?
What is the nurse turnover? Some places offer more because they are desperate and have retention issues.
I would talk to some employees, if possible, to find out if there is a healthy practice environment. You can also check reviews on Glass Door.
Finally, compare the hospital's performance measures online.
Author, "Your Last Nursing Class: How to Land Your First Nursing Job
"...and your next!