By The Gypsy Nurse

February 24, 2019

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Travel Nurse Contracts: What’s in the Fine Print?

Travel Nurse contract fine print can include many important factors. Make sure to go over the fine print in detail.

If you are about to embark on the exciting path of life as a travel nurse, then it is important that you understand everything you can about your employment. It can be very confusing to navigate the different packages, travel nurse contracts, and offers from various sources. Just as you would take on a “buyer beware” mentality when shopping for a significant item, you need to be wary of the contract you agree to for employment.

Travel Nurse Contract Fine Print

What’s in the Fine Print?

Getting caught up in anticipation of a new assignment in a place you have always wanted to visit is easy. You must stay grounded and evaluate the contract so that all expectations are agreeable and satisfied. Try not to be over-anxious. Look through your contract carefully. Ask for clarification when you are unsure.

Contract Details to Double-Check

Here are several areas that may be included in a travel nurse contract. It’s important to compare this list to your contract.  Have a conversation to ensure your contract meets your needs and that you can deliver appropriately.

  • Guaranteed hours
  • Specific hourly rate
  • Specific overtime rate
  • Clear definition of how overtime is defined
  • Missed hours penalties and charge-backs
  • Non-compete clauses and exclusivity clauses
  • Contract cancellation penalties
  • When and where you will be working
  • Reasonable start date
  • Bonuses, license reimbursement, and travel pay explanations
  • Benefits, including medical benefits, housing, utilities for that housing, travel expenses
  • Allowances for meals and incidentals
  • When will insurance/medical benefits go into effect? (if offered)
  • Will housing be private or shared?
  • What housing amenities are provided?
  • Floating expectations—how often and what units?

Additionally, when comparing different offers, you must look at them in totality—the big picture. It may not make sense to compare the hourly rate. A lower hourly rate may be the better offer if the value of other benefits makes up for the difference. For example, $40 an hour with no health benefits is likely a less attractive deal than $36 an hour with full medical coverage. The $4 an-hour difference is not enough to get full medical coverage on your own.

Be your best advocate. Ask questions and negotiate for a situation that works for you. In conclusion, if you feel you are being mistreated or need professional guidance with legal contract matters, you could contact the National Association of Travel Healthcare Organizations (NATHO).


Find Your Next Travel Nurse Contract


By Honza Hroch – CreativeNurse

February 10, 2019

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4 Easy Ways Travel Nurses Can Pay Off Mortgages Early

Pay Off Mortgages

As a travel nurse, your home will be one of your biggest acquisitions in life, making the monthly mortgage payment a major financial obligation for you.

If you had means of paying off the debt faster or how you can avoid paying a lot of interest on the mortgage, that would be really great.

Anyway, the good news is there are actually ways the loan could be paid off faster. And the payment plan can be accelerated. More good news is that interest charges are remarkably low nowadays. Thus, the cost of the loan isn’t very high and the entire accruable interest paid is lesser compared to the past when interest rates were a great deal higher. The whole reduced rate on interest situation is wonderful because it continues to keep the payment on monthly mortgage lower. In addition, more people are able to purchase houses. And the interest paid on the loan as a whole is not that high.  However, what most people are not considering is if the reduced interest rate is creating more problems on the other hand. Has this reduced rate on interest changed how homeowners ought to see the payoff alternatives? That question will be addressed when we’re done highlighting faster ways by which mortgages can be paid.

Here are four ways that’ll ensure you are free from paying mortgages in no distant time. We’ll also discuss one way you shouldn’t fast-track your mortgage payments.

Bi-weekly payments

When you pay half monthly mortgage payment every two weeks. At the end of the year, you would have effectively made an additional full payment. Which automatically reduces the total number of years it would have taken you to pay off the mortgage.

 Pay a bit extra every month

Adding a little extra to your monthly mortgage payments reduces the principal. And eventually leads to paying off your mortgage faster as opposed to only paying the least amount required.

 Refinance

If possible, refinance to a lesser rate of interest and continue to pay the initial amount. By so doing, you’ll keep within the budget you made originally but you will pay off your mortgage faster.

 Switch from a 30-year mortgage to a 15-year mortgage

 Changing to a 15-year mortgage enables you to be free from paying mortgages in 15 years. Although your monthly payments will be significantly higher. It offers an interest rate that is lower compared to a 30-year mortgage.

Which method is best for you?

The above-listed instances are all easy and simple methods of paying off your mortgage faster and it is equally a simple means of saving some money as well.  However, the question now is if paying off the mortgage is what’s best for you.  Whether you choose to switch from a 30-year to a 15-year mortgage or you come to a decision to make extra payments on your monthly mortgage, what matters is that you are content investing your money at the interest rate of your mortgage.

Choose the best option for you

If you’ve got a 4% interest rate on your mortgage and you are also able to get some deductions on tax, think about it and choose if the best option is to pay it off faster.  Let’s suppose you put an additional $500 monthly towards your mortgage for the next 10 years. Now, consider taking that $500 and asking yourself what you’d be pleased to get a rate of return over a 10-year period. Also, find out the flexibility, upside potential, and liquidity. If your opinion is that there are more potential benefits somewhere else and that you will be able to get something better than 4% in due course, you might consider other options instead of putting it in your house.

You could also decide to open an account on the side where you can invest your money and take out that money whenever you want. To pay your expenses rather than pay off the mortgage faster. Because interest rates are significantly low now more than ever, it may be smart to accelerate your payments.

Before tying up your funds where it will be hard to access when you need it, make sure you have a savings account with a reasonable amount of liquid money.


Want more information on travel nursing?

Check out our Travel Nurse Guide


By The Gypsy Nurse

January 20, 2019

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On the Move: Essential Rental Tips for Traveling Nurses with Furnished Finder Insights

Chances are you became a travel nurse because you wanted a job where you could help people in need and see the country (or the world). But along with the rewards of traveling comes the responsibility of securing travel nurse housing and hotels. Travel Nurse housing can get expensive. Figuring out where and how to save money on hotels and housing while traveling is always a challenge.

5 Tips to Save Money on Travel Nurse Housing:

Traveling Nurse Housing

1. Use a hotel booking site for Healthcare Travelers like Hotel Engine

Hotel Engine offers rates that frequently beat Kayak. As one of the first members-only hotel booking platforms, they can offer lower rates than leading travel sites. And you’ll be pleased to know that membership is free.

2. Search for apartments for long-term stays

Traveling Nurse Housing

You could go with the accommodations provided by your travel nursing agency, or you can select housing on your own. And if you can find a rate lower than the stipend you are being offered, that means extra money in your pocket!

Furnished Finder is a great option for your travel nursing housing needs.

3. Choose an Extended-Stay Hotel

Extended-stay hotels feel a little bit more like home than regular hotels, but they often have amenities that more apartment-style accommodations don’t. For example, many Residence Inns by Marriott provides free hot breakfast every day as well as light dinners (with beer and wine included) a couple of nights each week. For long assignments, many travel nurses find that extended-stay hotels strike a nice balance between the comforts of home (e.g., a kitchen so you can cook for yourself) and the conveniences of a hotel (someone still cleans your room every day). You can book extended stays via plenty of sites like Priceline, Hotel Engine, or Kayak.

4. Join Loyalty Programs

With the myriad choices available today, hotels are competing hard for repeat customers, and even budget hotels are getting into the loyalty rewards game. But most of the really excellent perks don’t kick in until you become an elite member. As a travel nurse who spends many nights per year in a hotel room, you can reach the elite levels very quickly, which means discounts, upgrades, freebies, and more. Many hotel loyalty programs also let you redeem your points for other types of travel, shopping, and dining. You name it.

Traveling Nurse Housing

When it comes to rewards programs, we recommend a nice mixture of the best cards, the best hotels, and the best booking site.

5. Call the Hotel Directly

With the amazing convenience of online booking, most people never even think to call the hotel directly. But many hotels are able to offer deals to individual customers over the phone that they could never offer publicly online. So, if you are looking for a place to stay for several weeks and don’t see a price you like, try calling directly. Anecdotal reports from traveling nurses around the Web suggest you can save up to about $7 a day this way.

The trick to saving on hotels during your travel assignments is to book smart. These tips will help you find a great rate on a great room, meaning you have extra money to enjoy exploring wherever you are!  Do you have tips for finding great deals on Hotels & Housing?  Please share them in the comments below.

By The Gypsy Nurse

December 22, 2018

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Travel Nursing With a Spouse

Many new travel nurses are looking for someone to travel with.

The fear of loneliness is a large factor in this mindset.  Travel nursing with a spouse, a friend, or another family member certainly has its benefits. You will have someone to share the experience with.  Someone to explore with on your days off. Someone to have dinner with at that great restaurant you read about.

Housing and Tax Implications

Other than the personal benefits of traveling with someone else, the only other ‘real’ benefit is the housing.  This can be confusing as there are multiple ways to handle housing from a tax standpoint.

Joe Smith at Travel Tax addresses some of the different means of traveling with a spouse who is also a travel nurse.  According to Joe, there are basically three options available to co-travelers. If you consider travel nursing with a spouse, friend, or other family members, the options are similar.

  • Both travelings with the same company, with one taking the stipend and the other taking the housing, would result in the stipend being taxed.
  • If both travelers are working with the same company and both taking the stipend, neither would be taxed.
  • The last option is if they are traveling with different companies and one takes the stipend, and one takes the housing, again neither one of these is taxable.

Joe further states that the rationale behind these statements is difficult to explain and suggests you contact him for additional information.  I would also recommend that if you seek answers to questions about housing and/or taxes that you contact a specialist in traveler taxes.

Finding Contracts

Finding a contract as a couple could be a challenge, but there are multiple options available. I would recommend that you inform your recruiter upfront that you would like to find contracts for both of you. This may result in contracts in the same hospital, on the same unit, or in different hospitals in a metro area.  Knowing how you work together as a couple is imperative.  Can you work and live day to day with your friend/spouse/travel partner?  Do you want to work in the same unit?  Same hospital?  Knowing in advance what you are looking for will assist your recruiter in finding positions that will meet all of your needs.

Do you travel with a spouse, friend or other family member?  How do you handle housing issues?


Looking for Jobs where you and a travel nurse spouse can travel together? Try searching our job listings to find your next contract!


 

By Health Providers Choice

December 18, 2018

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Keep Cost of Living in Mind as You Travel to New Locations

This article was provided by Health Providers Choice

Cost of LivingHow does the cost of living affect travel nurses?

How you spend your money depends on where you live. A dozen eggs in Denver might be more expensive than the same dozen eggs in Dover. For travel nurses, the cost of living changes is an important factor to consider when taking on new assignments in different parts of the country.

What is the “cost of living”?

It refers to the amount of money it takes to maintain a standard of living and cover basic needs, including food, housing, health care, and taxes in a particular location. Supply and demand of products, the minimum or average wage, and tax laws in different states affect these costs.

The cost of living will change further based on where you live within a particular state. A more crowded, popular city such as Los Angeles will likely cost more to live in than a rural town in northern California.

The amount of money you make will be directly tied to your cost of living. While a salary might be considered great in a place where it is low, it might not be enough to make ends meet in another location.

You can easily see how the cost of living affects travel nurses’ decisions regarding financially beneficial locations.

The relationship between the cost of living and your stipend

One of the main components of the cost of living in the rent in a given area. As a travel nurse, you will be given options for housing that can help alleviate the different costs of living you may encounter.

If you meet the stipend requirements, your pay package will include a tax-free housing stipend intended to cover housing costs while you are working. Your stipend will be based on the General Services Admission (GSA) per diem rates — the maximum travel expense reimbursement allowance for federal employees — for that area. Places with a higher cost of living generally have higher per diem rates.

Since the stipend rates are based on the GSA rates, which are based on location, your stipend will help cover the cost of living for that area. Alternatively, travel nurses can opt for provided housing from the agency, selected and paid for by the traveler.

Be prepared — It might take you by surprise.

The cost of living in your temporary location may shock you positively or negatively. The cost of groceries, restaurants, entertainment, gas, and even basic items such as toothpaste can vary greatly. To prepare yourself before a new assignment, use an online calculator that can provide the cost of living estimates between your current and new location. Knowing in advance how the cost of living affects travel nurses can help you make an informed decision. To return to our earlier example regarding eggs in Dover, Delaware, and Denver, Colorado. The average cost of a dozen eggs in Denver is 12 cents higher. But the cost of eggs isn’t as big of a difference as rent. The average rent in Denver is over $400 more expensive per month!

Shocking? You’re in for an even bigger surprise if you’re heading to the Big Apple from a smaller town. The average monthly rent in the Manhattan area costs $3,984.33, compared to just $696.33 in Wisconsin Rapids, Wisconsin. You can expect to pay at least $1 or $2 more for most grocery items in New York, as well.

Staying prepared is an essential part of being a travel nurse. Fortunately, with the right staffing agency behind you, you’ll be able to navigate the changes more easily.


Are you looking for your next travel nurse contract? Check out these jobs from Health Providers Choice.


By The Gypsy Nurse

August 13, 2018

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Trusted Resources

This comprehensive travel nurse resource list was compiled from other Gypsy Nurses just like you.

We’ve prepared this so you have a place to find everything easily. Most importantly bookmark this page so you can refer back easily.

Travel Nurse Licensing Resources

The Gypsy Nurse® (TGN) offers multiple licensing resources to answer your licensing questions.

Information on eNLC (Compact License):

Fingerprinting:

For more information on licensing check out our articles on licenses.

Travel Nurse Pay Resources

Travel nurse pay is one of the biggest questions when researching Travel Nursing. The Gypsy Nurse® (TGN) offers multiple resources to answer your travel nurse pay questions.

General:

Travel Nurse Tax Resources

For more information on Travel Nurse Taxes check out our great selection of tax articles.

Travel Nurse Housing

The Gypsy Nurse has several ways to help you in your housing search!!

Our Website:
We respect our community and their personal information; your information will not (and has not) ever been repackaged and sold to agencies. Click here to find your dream housing now: Travel Nurse Housing through our partnership with Furnished Finder

Facebook Housing Group:
Our Facebook Housing group is a real-time access to housing. Although not as easily searched, you can post your needs and are certain to get a response.

Hotels:
The Gypsy Nurse has partnered with Hotel Engine to provide Travel Nurses with great discounts on top hotels across the USA. Join FREE through The Gypsy Nurse!

Additional Resources for Housing

Tips from The Gypsy Nurse:

Nursing Forums & Social Networking

  • The Gypsy Nurse Network via Facebook – A community full of travelers.  A great resource to find community support, make friends, and organize travel nursing activities together.  Come join in on the Caravan.
  • The Gypsy Nurse Fan Page:  This is where all the latest articles from the website can be found. Become a Fan today!
  • Gypsy Nurse Jobs:  Find your next position by connecting with recruiters and other travel medical professionals.

Hospital Research

Test Prep and Help

Industry Information

  • CDC – Center for Disease Control and Prevention
  • FDA – US Food and Drug Association
  • HHS – US Department of Health & Human Services

Most importantly, please add any additional travel Nurse resource links in the comments. Through a collaborative effort, the community can support mutual successes.


By The Gypsy Nurse

August 9, 2018

18268 Views

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Maximize Your Travel Nurse Housing Per Diem

What do you do when the rental housing market is very tough, expensive, or limited availability?  How do you find something affordable so that you can maximize your travel nurse Housing Per Diem?

One of our Network Group members Amy Sherman RN, recently shared her experience and gave The Gypsy Nurse permission to re-print and share with you here on TheGypsyNurse.com

My $236 Bedroom

Amy attests that “Every single thing in the photo was purchased from Craigslist or thrift stores (including a foam mattress in pristine condition!) This is what you can do when you take an unfurnished apartment and the stipend.”

$164 Living Room

Amy says that it took about two weeks to fully furnish her unfurnished apartment.  “I was on a mission.”  She also convinced her landlord to rent the apartment short term by agreeing to leave the furniture at the end of the lease. It’s a win-win for both the renter and the Landlord.

 “I love hunting down bargains, it’s like a scavenger hunt to me. Plus, I get to see a lot of the city.   – Amy”

What a great way to explore!

Another member travels with an air bed. She uses her totes as nightstands, TV Stand and end tables. Yet another member states that she spent about $80 on furniture and then negotiated with the landlord to pay utilities in exchange for the furniture.

Finding affordable temporary housing can be a very stressful part of this job. To be successful at it you have to have a lot of tricks up your sleeve and know what resources are available. These are just a few examples of some of the resourceful things you can do to make the most of your housing per diem.

Check out these great resources to maximize your stipend:

Furnished Finder – furnishedfinder.com

Airbnb – airbnb.com 


Do you have other tips? Please share them in the comments.

We are excited to share and learn all the tips we can to save a little money and enjoy the adventure.


By Focus Staff

August 8, 2018

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3 Ways to Save Money on Housing

This is a sponsored post by: Focus Staff

Working as a travel healthcare professional allows you to make plenty of money. Of course, as a wise man once said, “mo’ money, mo’ problems.” If you aren’t careful with your finances, you also run the risk of spending lots of money. Housing is sure to be one of your biggest expenses. Fortunately, there are ways to cut down on your housing costs. Interested? Here are three ways to save money on housing as a travel healthcare professional.

1. Share the expense

The “shared economy” is the newest thing. From Uber to AirBnb, people are offering up their cars/houses and rooms these days.  Some websites that facilitate this are (www.roommates.com, www.airbnb.com, www.TravelNursingCentral.com, www.SpareRoom.com, www.vrbo.com, industry and community Facebook groups, and even www.meetup.com for social networking.)

Sometimes getting a hotel/motel for the first week or two and then discussing options with colleagues at your new facility is the best way to find awesome deals and potential roommate situations.

2. Take advantage of sites designed specifically for traveling healthcare providers searching for a place to stay.

Several websites, such as FurnishedFinder.com, put you in direct contact with property owners who are offering affordable housing options for traveling nurses. In addition to getting a great price that includes utilities, you can rest assured that the property is in a safe neighborhood and fully furnished. There are entire homes for rent and single rooms, which may be ideal if you are traveling on your own and don’t plan to have frequent visitors. As a bonus, you’ll save even more money by renting a room. NurseHousing.com is another site worth visiting. If you aren’t sold on renting an entire home or staying with someone else, visit sites geared toward business professionals who often travel for extended periods of time. For example, HotelEngine.com reports they can save you as much as 60% off public hotel rates.

3. Take advantage of loyalty programs and corporate discounts.

Most hotels offer some loyalty program for repeat guests, which is definitely something you’ll want to look into as a travel healthcare professional. The more you stay, the more points you accrue, which can be redeemed for free or discounted vacation nights. Bahamas, Cancun, Paris? Who knows where travel points can take you. In some cases, you may be able to redeem points for gift cards to various restaurants and stores. Although this may not save you money specifically on housing, it will help out other parts of your budget.

A Bonus Tip

There is one other option you may want to consider. If you prefer to take assignments in more rural areas where housing options are limited, you may want to invest in a camper. Campgrounds are usually more accessible. Yes, you’ll have the upfront cost associated with purchasing a camper, as well as the maintenance costs, but you’ll never have to worry about looking for a place to stay. Even better, you won’t have to concern yourself with packing because you’ll already have everything you need. Super bonus tip – you can roast marshmallows and make s’mores in the evening. Who doesn’t like marshmallows and s’mores? Win, win, win.

Finally, don’t forget to find out if the company you work for offers a housing stipend. Even if they don’t, it never hurts to ask. You’re an awesome talent so they might make an exception. 

By The Gypsy Nurse

August 8, 2018

59353 Views

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Step #15: Packing List for Travel Nurses

Before we get to the Travel Nurse Packing List, let’s talk about company housing.

Whether you find your own furnished housing or take company-provided housing, each space will be different in what is provided, so keep that in mind when making a travel nurse packing list. The “furnished” housing your agency arranges could be fully furnished down to the last teaspoon and towels or sparsely furnished with only the basic furniture.  There is a distinct difference between “furnished” and “turn-key.”

Some companies or landlords will provide “turn-key” housing.  This will generally include everything from silverware to linens as well as furniture. Other times, furnished housing means only furniture is provided–no dishes, towels, linens, or other basic small items. Once you find out what will be provided in your space, you can decide what exactly you need to pack.

Another important consideration when creating a travel nurse packing list is to think about what you might need from home if your next assignment housing is different from your first. Sometimes, travel nurses choose to ship or purchase items that they find they need along the way. Other travelers prefer to keep some basic home items on hand just in case they need them.

Travel Nurse Packing List Categories:

When putting together a travel nurse packing list, it’s easier if you put things into categories. A great idea is to have a box or plastic tote for each category to help you stay organized.

  • Housewares
  • Clothing and shoes
  • Uniforms, work bag, work shoes
  • Paperwork
  • Electronics
  • Personal Care
  • First Aid & Medical
  • Entertainment
  • Luxury Item
  • Hobbies/Activities

Travel Nurse Packing List Tips

Make a Checklist of What You Use Regularly

Know what you use on a daily or weekly basis.  Can you live without it?  Is there an item that can multi-function to fill the need?

Make it Feel Like Home.

Bring something that will help remind you of home.  This may be photos, a favorite pair of pajamas, or some small trinket.

Organize

If you are organized, it will be simple to pack and unpack.  By staying organized, you can also set limits on what you take. For example, if you have a “homewares” tote and something doesn’t fit, you have to decide what to get rid of to make the box close!

Hospital Uniform Requirements

Things like scrub colors could change with each assignment but try to keep your checklist for your work attire simple. You only need 3-4 sets of scrubs on your packing list since you will likely only be working three shifts per week!

Clothing

Slim down your wardrobe.  Use multi-function clothing in a color-coordinated palette.  Do you have a summer skirt that can be paired with leggings, a sweater, and boots to use in the fall?  Making multiple uses of clothing items can be a huge space-saver.

Luxury Items

Don’t forget about you!  Choose and take one (or two) luxury items with you.  For some people, this may be a nice pillow or blanket. For others, it could be a high-end electronic or gaming system. You can’t take everything but also want to feel happy and content while on assignment!

Hobbies

If you enjoy a specific activity or a hobby that requires special equipment or supplies, pare it down to the essentials and add them to your travel nurse checklist.  You will have free time and will want to enjoy some of the activities that are important to you.  If you enjoy camping, you could take a pared-down camping kit when you travel on assignments.  By taking these items with you, you won’t have to miss an opportunity to be involved because you don’t have your equipment with you.

Other Travel Nurse Packing List Items

Remember that you are only going to be away from home for 13 weeks (depending on the contract).  Travel nurse packing doesn’t have to be daunting if you know what to pack. Pack the essentials, but don’t feel like you have to pack everything in your home.

Unless you plan to go from one contract directly to the next without going home between, you need to remember that you will have an opportunity to re-evaluate your packing at the end of a contract.  If you missed something this time, take it with you the next time.  If you packed something that you never used, consider leaving it at home next time.

What you take is really individual. Learning what you need and how to pack it is an art; you will learn as you go.

Do you have tips to share for the travel nurse packing guide?  Is there a trick that you use to determine what to take?  Share your thoughts below.

Have you joined our Travel Nurse Community?

Follow the link and join today for even more support and resources.

You can return to the introduction or move forward or back using the article links below.