Published Jan 19, 2008
strider1500
58 Posts
Greetings,
I have been perusing the websites of a few travel companies and one of them lists on their home page that some of the nurses have made over $100,000.
Is this for real? I mean if they are able to make that much money more power to them, it just sounds too good to be true.
In my case, I'm single and would (if permitted) work 12 hours a day, 6-7 days a week.
Thanks.
suzanne4, RN
26,410 Posts
Yes, it is definitely true but also depends on where you plan to do your travel assignments.
Be aware that working consistently that many hours per week and you will get burned out very quickly, it is hard to keep up with and keep your own body functioning properly.
I agree. I'm just a sucker for pain.
But you also need to be aware of the fact that most facilities are not going to pay that much in overtime to you. And if they are willing, then it means that there are serious issues at that place and you should not even be considering it.
You should do no more than a 48 hour week contract and then pick up extra hours when you want or at another facility as per diem or local agency. If you work much more than this per week, you get hit hard on your taxes and do not see much of it.
But you also need to be aware of the fact that most facilities are not going to pay that much in overtime to you. And if they are willing, then it means that there are serious issues at that place and you should not even be considering it.You should do no more than a 48 hour week contract and then pick up extra hours when you want or at another facility as per diem or local agency. If you work much more than this per week, you get hit hard on your taxes and do not see much of it.
Thank you, that's a good point.
You are quite welcome.
ERRNTraveler, RN
672 Posts
Many of the very high paying assignments are strike assignments or are for "critical needs", meaning conditions at the assignments are probably not going to be very good.....
I don't think I could do strikes, I wouldn't feel right taking someone else's job, even for a short time.
CA pays very well with just routine contracts in most areas, not talking about strike contracts here. It is very easy to make this amount of money and not work strikes.
fizz2Nurse
59 Posts
I generally go for a 36 hour guaranteed contract at a facility and then pick up local per diem for extra.
The reason is my "hourly" rate and per diem rate with the agency if I'm getting a tax advantage may lower the amount I can get for overtime.
EG: Lets say I get $37/hr of which is $9 is M&I then my actual hourly rate is $26 and my overtime rate is $39/hr.
In that scenario, I'm far better off to get on with a local per diem agency that pays $44+ per hour staright hourly since my full housing & per diem allowances are based on my 36 hour contract.
The other reason as posted here is that some weeks I'll pick up 2 or 3 days and other weeks I need R&R and don't have to commit to the extra days. That way overtime is NOT an obligation.
On one contract I could get $39/hr on overtime all the the overtime you want or work per diem at a different facility across town for a different agency for $52.50/hr.
Seems like a no-brainer.
I also find their nurse to patient ratio very attractive. At the hospital I worked as an Aide, it wasn't uncommon for an RN to have 10+ patients and this was a Med-Surg unit.
I saw more than one nurse in tears at the end of the day.