Hi everyone. I'm curious as to see what an actual paycheck (before taxes) looks like from an NP. I find salary websites to be not very helpful. So...
What type NP are you?
Where (state)(rural/urban) do you practice?
Are you independent or in a group?
How many years experience?
What is your before tax paycheck amount?
Monthly or bi-weekly?
Salary/hourly/other(explain)?
Avg hours on check?
What are the perks of your contract? (ie. PTO/vacation/bonuses)
I know this is very personal, but if you are able to provide input, I would appreciate it! I'm mainly interested also to see after the gov/operational costs etc have taken their share, how much are you left with?
Where (state)(rural/urban) do you practice? suburban
Are you independent or in a group? Group
How many years experience? 2
What is your before tax paycheck amount? 82,000
Monthly or bi-weekly? Bi-weekly
Salary/hourly/other(explain)? salary
Avg hours on check? 40
What are the perks of your contract? (ie. PTO/vacation/bonuses) PTO, medical/dental, some CME benefit but I have to negotiate each year (this year ~$700) with paid time off to attend conferences, I have to negotiate each year for any required reimbursement for licensure fees etc, retirement contribution with match, malpractice reimbursement, mileage reimbursement for travel, some flexible scheduling
Where (state)(rural/urban) do you practice? suburban
Are you independent or in a group? Group
How many years experience? 2
What is your before tax paycheck amount? 82,000
Monthly or bi-weekly? Bi-weekly
Salary/hourly/other(explain)? salary
Avg hours on check? 40
What are the perks of your contract? (ie. PTO/vacation/bonuses) PTO, medical/dental, some CME benefit but I have to negotiate each year (this year ~$700) with paid time off to attend conferences, I have to negotiate each year for any required reimbursement for licensure fees etc, retirement contribution with match, malpractice reimbursement, mileage reimbursement for travel, some flexible scheduling
NP's should never accept salaries. Work for yourself or bill insurance directly or through your physician collaborator/supervisor if needed. Salaries are very low because the MD/DOs take a huge cut. It takes more work, but will be worth it to only work for $100 or more hourly or fee for service. If we all do this, we will make great strides.
What type NP are you? Psychiatry
Where (state)(rural/urban) do you practice? CA/Urban
Are you independent or in a group? Independent w/ physician "supervision"
How many years experience? 5
What is your before tax paycheck amount? 15k every two weeks if lucky, sometimes only 20k monthly
Monthly or bi-weekly? Bi-weekly
Salary/hourly/other(explain)? Through employer it is per-patient, consulting varies, $1600 for a 2 hour evaluation at one place, others I do not accept less than $100/hourly
Avg hours on check? 40
What are the perks of your contract? (ie. PTO/vacation/bonuses) Don't have one
NP's should never accept salaries. Work for yourself or bill insurance directly or through your physician collaborator/supervisor if needed. Salaries are very low because the MD/DOs take a huge cut. It takes more work, but will be worth it to only work for $100 or more hourly or fee for service. If we all do this, we will make great strides.
What type NP are you? Psychiatry
Where (state)(rural/urban) do you practice? CA/Urban
Are you independent or in a group? Independent w/ physician "supervision"
How many years experience? 5
What is your before tax paycheck amount? 15k every two weeks if lucky, sometimes only 20k monthly
Monthly or bi-weekly? Bi-weekly
Salary/hourly/other(explain)? Through employer it is per-patient, consulting varies, $1600 for a 2 hour evaluation at one place, others I do not accept less than $100/hourly
Avg hours on check? 40
What are the perks of your contract? (ie. PTO/vacation/bonuses) Don't have one
So then do you pay for your office space or how does that work if you bill directly ?
Those numbers are impressive. I know you're a psych np, but do you have any words of advice for a soon to be fnp grad?
I've always wanted to work for myself and never thought of being an independent contractor, but actually another np recently brought this to my attention.
Where (state)(rural/urban) do you practice? MA, suburban
Are you independent or in a group? Group ( two MD, two NP, one PA) part of a much larger IPA though
How many years experience? 3
What is your before tax paycheck amount? $2,400 plus quarterly bonus
Monthly or bi-weekly? Weekly
Salary/hourly/other(explain)? Salary plus bonus
Avg hours on check? 32-36
What are the perks of your contract? (ie. PTO/vacation/bonuses) I take home my base salary plus 68% of anything I bill out after my base is subtracted, I work 5 days a week, 3 days a week in the summer, cover hospital 3 days a week in the morning, clinic for the other sessions, 3 weeks off plus one week for conferences with expanses paid to 5k a year (added to base salary).
I work in very rural area-Michigan: Critical access/rural health urgent care family practice
Graduated last December, fully credentialed by the hospital April 2013
Salary: 83,500
Hours: 36-40 per week, paid bi-weekly
Hospital employee
Perks: health/dental/optical. Matching 401 retirement. Hospital paying back 1/2 my school loans. 6 weeks paid vacation, all licensing fees paid. I pay my own CME because I opted for more vacation time. Other perks, great coworkers, supportive environment, I work very independently but always have back up physicians for consultation.
Awesome thread! This is the kind of thing we need to see what is really out there and what we should be aiming for (at least down the road). Can anyone recommend any good resources for the "business" side of the NP role? Great stuff!
Specializes in ED, Cardiac Medicine, Retail Health.
What type NP are you? FNP
Where (state)(rural/urban) Massachusetts, suburban
Are you independent or in a group? Retail Health
How many years experience? 0-1
What is your before tax paycheck amount? $3340
Monthly or bi-weekly? Bi weekly
Salary/hourly/other(explain)? Hourly
Avg hours on check? 60 (work 30 hours a week)
What are the perks of your contract? (ie. PTO/vacation/bonuses) Flexible schedule, 3 weeks vacation and 1 week for continuing education, reimbursed for licensing fee (Mass CSR and DEA), 5% matching 401k, paid Liability Insurance, $1500.00 yearly for CME.
. Anywhere from 4k-7K
Uroboros, APRN
61 Posts
Thanks for the thread. One of the most helpful I have seen in this forum.