Here is my personal experience I hope it helps. I started teaching Med Surg I Clinicals as an adjunct for the same, not for profit public university I completed my BSN at, I did this with my BSN. Even though I enjoyed it, I did this while still working in an acute setting and did not enjoy having to grade papers during the weekends. As I was doing that as an Adjunct twice a week, I was completing my MSN-Ed online. Then, I quit my acute care job and started teaching part-time at the community college in my city for the CNA program. In my state, the students have to complete a CNA program to be accepted into nursing school so it is like a Fundamentals course. The CNA teaching, although not nursing, it gave me the classroom experience. I completed my masters and got offered a 9-month Lecturer position at the same school that I was teaching the clinical for the BSN program.
On the pay side, I got paid $35/hour for the nursing clinicals as an adjunct (they pay $42/hour with a completed master), and $37/hour for the CNA program. The 9-month lecturer position pay is 65k to 70k depending on clinical and didactic experience.
What I know about the 9-month contract based on talking with other faculty...... I would have to teach 24 credits a year which equals to 3 courses a semester so It can be something like 2 clinicals and 1 course. I don't have to be on campus if the students are not there, so I get 3 weeks off for Christmas and about 10 in the summer. I get all the holidays, spring break, school recess off. The pay is spread out in 12 months so I don't spend the summer without a paycheck. You do have to be involved in committees and of course curriculum and development. I have the option to teach online during the summers for extra income.
If I want a Professor position or teach online for strictly online schools, like WGU, you do need a terminal degree (DNP, Ph.D.)
I hope this helps, you can PM me if you would like. Good luck in your future endeavors.