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Whether you just graduated from college or have several years of experience, understanding what you're worth is important. There are three components that weigh heavily on your nursing compensation: experience level, geography and education level.
Experience level. According to payscale.com, those with less than 5 years of nursing experience can expect to earn $21.90-$23.56 hourly. However, those with 5 years to 19 years of experience can expect earnings to be boosted to $26.88-$30.35 hourly. And those with 20 years or more of experience will earn $30 or more an hour.
Geography. Your pay rate will depend heavily on your geographic location. For example, nurses earn an average of $24.51 hourly in Ohio, while nurses in California earn an average of $33.75 an hour.
Education level. Those who earn a Master of Science Degree in Nursing can expect a boost in pay, up to $20,000 more per year in some cases.
Also, don't forget to partner with a staffing firm when launching your job search. Companies like Clinical One can help you find positions that meet your income and professional goals.
|Jennifer Mathes, Ph.D.|