Wage Increases

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So, I want to know, how many wage increase have you had in the last 6 years as an RN? I've had 2...and the last 1 i had I didn't even see a difference on my paycheck because it got wiped out by the social security tax increase a few years back. Nursing has become a stagnant career. But, my boss puts it best, it's not a career but a trade...these hospital sure do treat us like ****...

Got a $0.23 raise at my first job. No difference seen on my paycheck.

Specializes in Critical Care; Cardiac; Professional Development.

Been working as an RN for two years. Have had two raises, one of which was quite significant (12%)

Specializes in SICU, trauma, neuro.

We have an annual COL raise (which, of course, does NOT keep up w/ the COL but it's something), and an raise per 1250 hours worked. For me that would be every 2 yrs b/c I work half time.

Specializes in Nursing Professional Development.

We've gotten our yearly cost of living raise -- though it hasn't quite kept pace with actual inflation. While that irritates me, I am not too upset about it because I know that people in other careers haven't been getting raises either due to the downturn in the economy. Many of my colleagues' husbands have been laid off, or are working fewer hours, or have taken hits in their benefit packages, etc. My "stagnation" is better than their losses.

I'm old enough to have seen several economic cylcles over the years ... a few lean years ... followed by a few in which the money is flowing freely ... to a few lean years ... to boom times ... to something in the middle for a while ... etc. etc. etc.

If you are working at a job you are reasonably satisfied with, be happy for the moment. You are getting the experience that will help you get even better jobs in the future. Bide your time a bit while you chart a career path that builds on that experience and that might involve better working conditions and/or compensation. Prepare yourself now to move up when the time is right and the opportunty presents itself.

Specializes in Psych ICU, addictions.

I get two yearly--one based on the union pay scales and one based on performance. I also just got a nice one for completing my BSN...it was more than I thought it was going to be.

Specializes in Critical Care, Education.

There is an astounding amount of information out there @ nursing salaries. Clear evidence of extreme salary compression which means that any meaningful increases top out at ~ 5 years. So unless you manage to land a promotion, you end up making just about the same as a new grad. Very sad.

I have had my share of "negative" annual raises. Usually happens when I got a teeny-tiny bump that threw me into a new pay bracket, so FICA increased -- so my net was less than before the 'raise'. The worst ones coincided with increases in the cost of insurance, so the result was a significant decrease. Sucks, doesn't it?

Wouldn't it be grand if our salaries were based on CPT codes (services provided to patients) - like the docs get? Heck, I'll bet no one would avoid rotating those IV sites if we got $20 for each one we changed - LOL. A few years ago, I helped a grad student do an analysis of common CPT codes... the results were depressing. It revealed that docs were getting major money for all the stuff we (ICU nurses) did.

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.

I haven't received a pay increase in years.

I was PRN at my workplace until recently, when I accepted a 'promotion' to full-time house supervisor. With this promotion my earnings have dropped because I am now paid a set salary instead of the higher PRN hourly rate.

Of course, my compensation has increased in other ways: employer-sponsored health insurance, 401k, dental, short and long term disability, and term life insurance, which purportedly add up to one-third of my overall renumeration.

Specializes in Emergency Room, Trauma ICU.

I've been a nurse for four years and got one every year. I just started a new job, union, and got a raise before I even started. And I'll be getting a 4% raise the next 3 January's guaranteed. Gotta love unions. Oh and for the first time in four years I've also gotten my 15 minute breaks!!

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