Published
The days of 4% raises at the beginning of my nursing career are, sadly, gone (would be nice if those days returned though!). My employer does provide yearly raises every year, but they are more along the lines of 1.5%-2.5%.
My employer also has a salary cap for nurses like Klone mentioned. Those nurses get the 1.5%-2.5% raise as a lump bonus on one paycheck unless the entire nurse pay ladder is getting a COL adjustment.
Most employees get a small raise (about 2%) every 12 to 18 months. However, it is not based on anything concrete such as "seniority" or "cost of living." When you reach the top of the pay scale for your position, you don't get anything more until the entire pay range is changed. I haven't gotten a raise of any kind in about 5 years. So, I have been losing grounds against inflation.
The worst part of nursing? You will at best double your income from start to finish of your career. Meanwhile, your contemporaries will average 5 times their starting salary. Once you get to TOS, you really don't increase much at all. Take into account that you will wish to do less OT as you age, on average, and this becomes even more evident.
My employer also has a salary cap for nurses like Klone mentioned. Those nurses get the 1.5%-2.5% raise as a lump bonus on one paycheck unless the entire nurse pay ladder is getting a COL adjustment.
Yep, it means I get the minimum amount in a year; doesn't apply to any overtime or extra shifts, so I still get paid at the rate from 5 or so years ago, for those hours.
It's hard to answer your poll because my raises are so sporadic. Used to get one every year, then nothing for 4 years. Then a small raise 2 years later, followed by a significant raise a year ago. That raise was supposedly performance based and word was raises would be annual again. Now it's been over a year and crickets...not a peep from management about pending evals and associated raises. Thanks for reminding me, I think I'll bring it up at work today.
Stella_Blue
216 Posts
So I'm just curious how many of you guys get raises? I work in a hospital network that is well known throughout the state as paying their nurses well compaired to others. I also generally get a yearly raise with my performance appraisal. Last year I got about $1.27 raise and this year was roughly $.80. We also get a team pay bonus each year that is anywhere from $500-$800. After being part of this forum for many years I'm starting to feel like this is not normal.