Salary Of A Traveling Nurse
Money in itself is a compelling reason for people to enter this field. However, the starting salary for a traveling nurse starts from $78,000 PA and can go up to 170,000 PA. It usually depends upon experience and knowledge. The salary might vary from country to country, depending upon the pay scale. Some hospitals and private clinics offer an hourly salary of approximately $37.71 and may go up to $82.06.
The traveling nurse annual salary depends on two factors:
Location
The pay of a travel nurse may depend on the city and state in which your assignment is located. Furthermore, your pay gets affected due to the cost of living in that particular area. Therefore, states like California, Washington, and New York pay high salaries.
Expertise
Nurses who specialize in particular medicine expertise earn a higher salary if that expertise is in demand. Certain specializations, such as neonatal and intensive care, always pay a good amount. Moreover, specializations in heart and cardiovascular care always pay a handsome amount due to the rise in heart patients in the healthcare field. If a high salary is your priority, check the salary departments and compare to find the highest paying job.
Perks Of A Traveling Nurse Job
Apart from the salary, traveling nurses enjoy several perks that make the job even more exciting.
Insurance Coverage
Insurance coverage includes health costs of vision and dental-related problems. Although, they pay a small part of their salary as pre-tax pay.
Reimbursement Of Travel Tax
Travel nurses are expected to travel to different parts of the world depending upon the needs of the patients. Therefore, they get a reimbursement of their travel cost from the employer.
Retirement Advantages
Retirement is the most preferred benefit of the travel nurse’s job. Travel nurses get retirement (401K) options as per the guidelines of the US government.
Free Education And Support
Travel nurses should have a license to get practice in all 50 states to get the financial support for continuing their further studies.
Free Housing Facility
Hospitals, healthcare organizations, and private clinics offer free housing facilities to the traveling nurses after they meet certain job criteria.
Benefit Of Retention Bonus
Companies provide bonuses to travel nurses due to their high demand in the healthcare industry.
- A sign-on bonus is provided when you sign the assignment
- The completion bonus is signed when the assignment is over
- A retention bonus is signed when you continue the assignment of the company
Read Our Blogs:- What Does A Traveling Nurse Recruiter Do?
Additionally, since you have medical knowledge, you can choose to work in other healthcare fields. You can become a home healthcare giver or registered nurse or choose a particular specialization that interests you.
The best perk about becoming a travel nurse is seeing the world and exploring new things, which ultimately enhances your knowledge and boosts your skills.
Tips To Boost Your Travel Nurse Salary
The amazing Salary and perks of travel nursing are astonishing. You will find this job more beneficial when you discover that you can increase your salary efficiently with these tips.
Choose A Specialization
Most travel nurses specialize in particular expertise in medicine, which makes it easier to narrow the assignments given to you. It makes it easier for the recruiters to place you. Specializations tend to increase your salary, especially if you become a surgical nurse, manager, or trauma nurse. You must also consider becoming a travel nurse practitioner.
Moreover, high-paying specializations, such as cardiovascular nurses and trauma nurses, are always in demand. These include nurses in the labor room, operation theater, intensive care unit, neonatal care, etc.
Furthermore, if any specialization is demanded in other places, it will be easier to fetch jobs anywhere you want to go. Not only in travel nursing, but this helps in other fields. Picking up a specialization increases your salary. But, you should have good knowledge and experience about the same.
Maintain Your Nursing Licenses
Licensing is essential when it comes to travel nursing. You must have to maintain a learning license in more than one state. This will allow you to have more assignments. Ultimately, you can choose a high-paying project for yourself.
Work Extra Shifts
Travel nurses are often paid on an hourly basis and a daily basis. You may choose to work extra shifts to double your pay. You can work on weekends if you can sacrifice your enjoyment for some time. Communicate to the concerned department about working overtime.
Be Flexible And Open
While hiring, recruiters and clients both want flexible candidates. Flexibility is the key to ensuring a salary increase. Be open to travel to locations with the patient. Be open to assignments from all parts of the country and world. This will benefit your personal growth too. Recruiters might send you to places where the pay is higher. Being flexible will open your scope for promotion and growth in your career. Furthermore, you can take up high-demand assignments that will pay you more.
Get Your Own House
Travel nurses have two options-: to stay at the house allotted by the healthcare department or get a house of their own. Get a non-taxed incentive for your own house and cut the leverage of the agency or department. Stay at a family or friend’s place to save your money. Travel nurses should choose a house that is less than their salary, which saves money efficiently.
Additionally, what you can do is find a house near your place of work, likely within walking distance of the hospital or organization. Or, travel to your workplace by public transport to save more money.
You can save a lot of money being a travel nurse and increase your pay effortlessly with the above tips. Become a travel nurse and enjoy a great salary with all these perks.
Are you planning to pursue travel nursing as a career? I’Kare Consulting Firm can help you. We are dedicated to placing efficient travel nurses in their dream destinations. Our travel nurses enjoy handsome salaries and various perks of the job. We will help you fetch a job quickly and easily at reputed healthcare hospitals and organizations.
I’ Kare Consulting Firm is a healthcare staffing and consulting firm. Hire a flexible and dedicated travel nurse with our careful hiring and background check process. To hire expert travel for yourself, contact us.