Salary and Negotiation

Trauma Columnist · Feb 16, 2017

And mine is getting complicated also as our practice recently began to participate in a managed care program sponsored by CMS.

So...we are not sure how this will work out but bonuses might be in our future!

Purrsx2 · Feb 16, 2017

Question for all working NPs: if Glassdor gives NP salary range for a particular employer as 41 to 45 per hour, and the offer states 41.02 for a new graduate NP (38400 for 18 hours), is it worth to try and negotiate, or is it really non-negotiable because this corporation is using pay grade rates (grade 1 through 30)? Is it possible to renegotiate the rate after you get 1 year of experience?

As a side note, this employer is a non-profit organization and a great name to have on the resume for the future.

I graduated back in May 2016 and could not land a job, no one wants a new grad with no relevant experience, so am absolutely taking this offer.

However, is it too late to try and negotiate after I said yes, but before I sign the contract? I am making this much as an operating room nurse (6 years of experience) currently.

Any advice is greatly appreciated.

Jules A, MSN · Feb 17, 2017

However, is it too late to try and negotiate after I said yes, but before I sign the contract? .

You already said you are taking this job so its a moot point but yes it absolutely is too late to attempt to renegotiate unless you have another offer in writing to attempt to use as leverage. You'd also likely piss them off even in that case as you already accepted the job at the salary you negotiated.

brista · Feb 18, 2017

Hi Sailrmar9, what is your specialty? Also, are you in a hospital or clinic?

brista · Feb 18, 2017

Thanks for sharing. Is the $105,000-$110,000 extrapolated out to what traditional full time wages per year would be? I think thats an important clarification. I recently had a friend tell me her salary was $81,000 a year when I knew her hourly rate was above $70 an hour, WTH? She's a 0.5FTE employee so only making $81,000 but for discussion purposes important, imo, to clarify that in fact her annual salary is $160,000.
Can you clarify these terms for those of use who are new to the business aspects of the field? What do you mean by what you said above? She earned $160,000 but her take home was $81,000?

brista · Feb 18, 2017

I've read them all. It's always good to keep updating our colleagues with the most current numbers so we can negotiate better salaries. I don't understand why people won't give anonymous fairly exact salaries so we can all benefit. I just don't get the "Oh no, I can't tell them I live in the Northeast and I make $107k, I'll just say I make ">100k"

Hence the purpose of this thread! I think all of this information is incredibly helpful.

flipper628 · Feb 18, 2017

I am a new grad and am about to accept an offer. I will be working with a large healthcare system in their 2 post-acute rehab facilities.

City/State: Suburbs of Phila., PA (Healthcare system)

Years in current position: 0

Salary: 98k

Benefits: 28 days PTO, 6 holidays, 1 week CME and $1500, 401k with matching, health/dental, paid license/DEA, Malpractice with tail coverage, and cell phone

Bonus: None and no on call pay which is every 4th week

Negotiation tips: I tried to negotiate a higher base because of the lack of bonus potential or on call pay but was told 98k was the highest they could go and then they threw in the cell phone. I'm glad I tried, I wish they would have budged a little but it wasn't a deal breaker for me. I did have two other offers but they were both part time and didn't include any benefits at all. The salary is pretty much in line for what some of my classmates have been offered. I really liked the docs that I interviewed with and feel they will be really great and understand that they have a new grad on their hands.

Jules A, MSN · Feb 19, 2017

[quote=brista;9346553

Can you clarify these terms for those of use who are new to the business aspects of the field? What do you mean by what you said above? She earned $160,000 but her take home was $81,000?

Yes she is a part time employee so does not make full time wages however when discussing salary her rate is actually $160,000 a year based on full time wages. Her take home was not $81,000 as a 0.5 FTE that figure was the net, not gross. Google some of these terms because if you aren't clear on this it could cost you dearly.

brista · Feb 19, 2017

Yes she is a part time employee so does not make full time wages however when discussing salary her rate is actually $160,000 a year based on full time wages. Her take home was not $81,000 as a 0.5 FTE that figure was the net, not gross. Google some of these terms because if you aren't clear on this it could cost you dearly.

Right, so she "only" earns $81,000 a year but she does not work 40 hours a week...she doesn't work full-time. You are saying if she worked full time with her hourly rate she would earn $160,000, right? Is she also in the Psych specialty, JulesA? TIA

NBM22 · Feb 20, 2017

can you please private message me? I would love some advice from you because I am interested in psychiatry as well.

meghahpatel · Feb 21, 2017

I passed my board AANP in 1st attempt. I would suggest you to study and practice the questions on apea Q bank. I went to live review of Amelie Hollier in octomber 2016, and i graduated in dec, 2016. I got married after i graduated so i did not study for about 40 days. but I studied 5 weeks before taking my board exam, listen MP3 player, read entire book of leik. I did not sleep the night before the exam, but I believe that nothing is impossible.

brista · Feb 22, 2017

Great discussion so far. Here is a reminder of the original purpose of this post:

City/State:

Years in current position:

Salary:

How many hours you work:

Benefits:

Bonus:

Negotiation tips?!