Questions about Travel Pay

[NurseLexx]

Hello experiences travelers! I'm looking to do "travel" nursing in small TN town. The recruiter emailed me the pay package for the 13 week assignment however, I'm not really understanding it as far as my pay per week. I just want to be careful before agreeing to anything. Can someone explain please thanks!

Estimated Weekly Compensation:

PAY (FULL STIPEND OPTION)

Gross Pay Weekly: $1,368

Take Home Weekly: $1,267 (assuming 20% taxes)

Breakdown

Housing Stipend: $13/hr = $468/wk (nontaxed)

Meals Stipend: $11/hr = $396/wk (nontaxed)

Hourly Taxed: $14/hr (taxed)

Total Hourly $38 (including stipends + hourly taxed based on 36 hours per week)

+ travel reimbursement

*BENEFITS: medical plans start at $16/week and you may choose to add on vision, dental, short term/long term disability, etc. You will be deducted weekly for the benefits you choose. Please refer to the benefits packet.

[NedRN]

I'm not sure what you need explained here. But if you want help boiling down the numbers to a figure you can compare with other complex offers, try PanTravelers calculator.

[NurseLexx]

@nedrn. The taxes vs non taxed.. Will I make close to the net pay that's stated or probably a lot less?

[NedRN]

Without doing the math myself, they are using 20% for estimated taxes. That number applies only to your hourly figure (assuming you have a valid tax home). Any payroll deduction for health insurance would reduce the taxable gross. I'll leave the math to you. :-)

I suspect the percentage is too low. You can determine your net pay more accurately at PayCheckCity. You will have to look up two states, the work state and your home state, for their income taxes. You will effectively be paying the higher of the two plus federal taxes.