By Medical Solutions

November 18, 2024

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Why Do Travel Nurses Get Paid More?

Medical Solutions provided this article.

Ever wondered why travel nurses seem to pull in higher paychecks than staff nurses? The reasons go beyond just dollars and cents. Travel nurses step into specific roles that fill urgent gaps or cover high-need areas, which means hospitals and agencies often pay a premium for their flexibility. It’s about timing, location, and needing someone ready to jump in quickly, whether for a seasonal surge or a specialized role. This unique setup helps support staff nurses by bringing in reinforcements exactly when they’re needed most. Now, let’s take a closer look at all the components that factor into a travel nurse’s paychecks.

travel nurses

Filling Critical Gaps

Healthcare doesn’t take a day off, but it does have seasons—times when the demand for skilled nurses skyrockets. Travel nurses help hospitals fill those critical gaps fast, and by hopping into assignments when demand is high, they give facilities the flexibility they need.  As such, they are compensated for being ready to step in at a moment’s notice. That ability to keep healthcare running smoothly, wherever and whenever needed, makes travel nurses invaluable.

 Specialized Skills = Specialized Pay

Nursing specialties come with a whole set of advanced skills and certifications, and facilities rely on travel nurses to bring their specialized know-how, paying higher rates for those unique skill sets. Plus, specialized travel nurses have flexibility and adaptability worth their weight in gold, moving seamlessly between roles and locations where needed.

 Location, Location, Location

Where you take your assignment can significantly impact your earnings. States like California and New York offer increased compensation due to higher living costs. However, location isn’t just about the cost of living—some states simply have a more significant need for nurses, meaning travel nurses can earn top dollar. So, depending on where you want to land, travel nursing lets you maximize your earnings in high-demand spots across the country.

Bonuses and Extra Incentives

travel nurses

It’s not just the paycheck that sweetens the deal! Travel nursing agencies, like Medical Solutions, often offer bonuses to recognize your commitment. With loyalty and referral bonuses, you can put a little extra cash in your pocket just by doing what you do best. For example, at Medical Solutions, you can earn a $600 loyalty bonus for every 600 hours worked and $500 for each friend you refer.

Benefits Built for the Traveler

Travel nurses can access benefits that go well beyond base pay. Think health, dental, and vision insurance from day one, along with 401k plans and licensure reimbursements. With travel nursing, you get the security of a benefits package designed for you, wherever you work. It’s a complete setup, so you can focus on what you love without missing a beat on the benefits front.

Housing and Travel Stipends

Traveling to a new place is exciting, but finding housing in a new city? Not always. That’s where travel nursing agencies come in. Many agencies provide non-taxable housing stipends or arrange housing for you. Plus, if you’d rather pick your own housing arrangements, there’s the option of a stipend to cover your chosen accommodation. And travel costs? Those are often covered by the agency, too. Check with your chosen agency to see what is or is not covered with a stipend.

Licensing and Certification Perks

Moving around means new licenses and possibly more certifications. Fortunately, agencies often reimburse these costs, so you don’t have to worry about extra expenses. From licensing fees to continuing education, travel nursing has your back, allowing you to broaden your horizons easily.

Adding it All Up

From specialized skills to bonuses, location flexibility, and the added perks that come with travel nursing, it’s clear why these nurses earn more. Travel nurses are on the frontlines of addressing critical staffing needs, often moving across the country to fill gaps and support facilities in high-stress situations. They’re compensated for their expertise, adaptability, reliability, and willingness to step into a role at a moment’s notice.

In short, travel nurses bring flexibility, experience, and resilience to every assignment—and the pay reflects that. If you’re ready to maximize your earnings, explore new locations, and shape your own career path, travel nursing with Medical Solutions might just be the opportunity that lets you have it all.

Find Your Next Travel Nurse Assignment with Our Job Board!

Are you on the hunt for your next travel nurse gig? Look no further than our job board! Click here to explore all our current opportunities.

Discover the Perfect Housing for Your Next Assignment

Need somewhere to stay on your next travel nurse assignment? We’ve got you covered. Check out our housing page to find your ideal home away from home. Click here to start your search.

By Triage Healthcare Staffing

August 23, 2024

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How to Make the Most Out of Your Travel Nurse Pay

Triage Healthcare Staffing provided this article.

Even post-pandemic, travel nursing can be a way for nurses to make more money than they would if they were a staff nurse. If you’re traveling for the money (no shame in that game), look for ways to stretch your dollars so you can maximize your take-home travel nurse pay.

How to make the most out of your travel nurse pay:

travel nurse pay

Look For a Contact with Paid Housing

One of the easiest ways to stretch your funds is to look for a good-paying job that includes housing. Not all agency-provided housing is created equal. Everyone has heard horror stories of roach-infested apartments with moldy bathrooms and gross kitchens. For this reason, check to make sure you know exactly where you’re staying and talk to the recruiter about what to do if the housing isn’t up to par—you don’t want to be stuck living somewhere for three months if you’re not happy.

For that reason, we recommend a hotel if the agency is providing your housing. Even better is if the hotel offers amenities like free Wi-Fi, a fitness center, and a free continental breakfast. When the hotel offers breakfast items like yogurt, fresh fruit, and other breakfast foods, you can get a meal before or after work (if you’re on the night shift) and even get a grab-and-go snack for later, which can help stretch your meal budget even further.

Many hotels will provide a small fridge if you request it, but if they don’t have any available, you can usually find a second-hand one on Facebook marketplace and then pass it along to another travel nurse or resell it when you leave.

Travel With a Buddy and Share Housing

travel nurse pay

If hotel life isn’t for you, or you struggle with finding an assignment that offers paid housing, you can usually find a travel buddy and split the cost of an apartment. This will help you make the most of your travel nurse pay. To do this, it’s best to find a traveler who works with the same agency so you can better coordinate your travel assignments. Two is better than one, especially when you’re paying for housing!

Rent a Room Instead of an Entire Apartment

We know this won’t be for everyone, but it is an option, so we want to bring it up. One big way to save money is to rent a single room instead of an entire apartment. If you do go this route, you’ll want to thoroughly vet your landlord, as well as the room—we don’t recommend signing a lease for these situations sight unseen.

If you don’t want to arrive early to your assignment, it’s a good idea to rent a hotel room for at least a few days so you can evaluate your living situation in person to see if it works for you. The last thing you want to do is sign a lease for a room with loud kids, barking dogs, and an overbearing landlord who lives in the next room.

If you’re looking for ways to cut expenses while on a travel assignment, look no further than housing. Use these tips during your next travel nurse assignment to save on housing costs so you can put more money directly into your own pocket.

Looking for travel nurse jobs? Connect with a Triage recruiter and let them do all the work of finding you a new position.

We hope you found these tips on making the most of your travel nurse pay helpful. How do you maximize your travel nurse pay? Comment any tips you have below.

Find Your Next Travel Nurse Assignment with Our Job Board!

Are you on the hunt for your next travel nurse gig? Look no further than our job board! Click here to explore all our current opportunities.

Discover the Perfect Housing for Your Next Assignment

Need somewhere to stay on your next travel nurse assignment? We’ve got you covered. Check out our housing page to find your ideal home away from home. Click here to start your search.

By Jackson Nurse Professionals

July 12, 2024

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Navigating the Shifting Tides of Travel Nursing Pay

Jackson Nurse Professionals provided this article.

The travel nursing profession has seen a remarkable transformation over the past few years, with shifts in demand, location desirability, and, most notably, compensation. As healthcare facilities nationwide grapple with fluctuating staffing needs, travel nurses find themselves in a unique position to negotiate and secure competitive pay rates. However, navigating the evolving landscape of travel nursing pay requires insight, strategy, and a keen understanding of the market dynamics at play.

Navigating the Shifting Tides of Travel Nursing Pay

travel nursing pay

Understanding the Market Forces

The first step in navigating travel nursing pay is understanding the forces that drive market changes. Several factors contribute to the fluctuating demand for travel nurses:

Maximizing Your Earning Potential

In addition to understanding market forces at play, you may consider adopting the following strategic approaches to maximizing your earning potential which are:

travel nursing pay
  1. Stay Informed
    Being well-informed is crucial. Regularly consult with professional associations, online forums dedicated to travel nursing, and specialized recruitment agencies to stay up-to-date with the latest industry trends, demand shifts, and pay scales. Knowledge empowers you to negotiate confidently and effectively.
  2. Flexibility is Key
    Adaptability in your job preferences can significantly impact your earning potential. Be open to taking assignments in less sought-after locations or those outside your primary specialty. Facilities in remote or less popular areas might offer higher compensation to attract the nursing staff they need.
  3. Negotiate Wisely
    Look beyond the hourly rate when negotiating your pay. Consider the entire compensation package, which includes housing allowances, reimbursement for travel expenses, health insurance, and other benefits. The total value of these additional perks can substantially increase your overall compensation.
  4. Build a Strong Network
    A robust professional network can open doors to new opportunities and offer insights into lucrative assignments. Networking with fellow travel nurses and healthcare professionals can also provide valuable tips for negotiating better terms and navigating your career path more effectively.
  5. Consider the Long-Term
    It’s tempting to chase the highest pay rates, but also consider the stability of assignments and opportunities for professional growth. A balance between immediate financial rewards and long-term career objectives can lead to a more fulfilling and sustainable career trajectory.

Take Advantage of Referral Bonuses and Agencies that Offer Loyalty Programs

Many travel nursing agencies offer referral bonuses as an incentive for bringing new nurses into their fold. If you have friends or colleagues interested in travel nursing, referring them can lead to substantial bonuses for you. Additionally, some agencies have loyalty programs that reward nurses for completing multiple assignments with them. These programs often offer incremental pay increases, bonuses, or other perks. Actively participating in these programs can significantly boost your income over time.

travel nursing pay

The Future of Travel Nursing Pay

The landscape of travel nursing pay is as dynamic as it is promising. By understanding the market forces, maximizing earning potential through strategic choices, and staying adaptable to the ever-changing healthcare environment, travel nurses can thrive. Amidst the fluctuations, the constant will always be the invaluable service travel nurses provide, ensuring they remain a vital and respected force within the healthcare industry.

We hope you found this article on navigating the shifting tides of travel nursing pay helpful. Is there any other information on travel nursing pay you would like to know? Comment them below.

About Jackson Nurse Professionals

As one of the premier nurse staffing firms, Jackson Nurse Professionals provides world-class travel nurse solutions to thousands of healthcare facilities across the country while connecting the brightest nurse professionals with the placements and career opportunities they desire. Powered by a national talent pool of Joint Commission Compliant Registered Nurses who adapt quickly to new environments and technologies while integrating easily with established teams, Jackson Nurse Professionals helps ensure highly skilled, compassionate nurses are available to deliver quality patient care in client environments, helping prevent staffing shortages and alleviate burnout.

Whether you’re a seasoned travel nurse seeking your next assignment or you’re ready to dive into the dynamic world of travel nursing for the first time, our comprehensive job search portal is your gateway to exciting positions across the country. Connect with us today and take the first step toward fulfilling your next travel nursing adventure! Jackson Nurse Professionals is part of the Jackson Healthcare® family of companies. Learn more by following us on LinkedIn, Facebook, Instagram and Twitter.

Find Your Next Travel Nurse Assignment with Our Job Board!

Are you on the hunt for your next travel nurse gig? Look no further than our job board! Click here to explore all our current opportunities.

Discover the Perfect Housing for Your Next Assignment

Need somewhere to stay on your next travel nurse assignment? We’ve got you covered. Check out our housing page to find your ideal home away from home. Click here to start your search.

By Medical Solutions

December 11, 2023

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Earning Potential in Nursing: How Different Degrees Affect Salary

Medical Solutions provided this article.

Embarking on the compassionate journey of nursing involves not only caring for others but also navigating the many education paths. Obtaining certain degrees or certifications can make all the difference in your salary in many industries, but does the same apply to nursing? From LPNs to advanced practitioners, we’ll explore how different degrees can shape both your knowledge and compensation.

salary

Licensed Practical Nurses (LPNs)

To be an LPN, you typically complete a diploma or certificate from a one-year practical nursing program, which is a shorter and more focused education compared to RNs with higher degrees. While LPNs are invaluable contributors to healthcare, the scope of their practice is more limited to basic nursing care, which leads to a lower salary compared to other degrees.

Associate Degree in Nursing (ADN)

An associate degree not only broadens the scope of practice but also offers a bump in salary compared to an LPN. Nurses with an ADN are better equipped to treat patients, administer medications, and perform diagnostics, and their increased responsibilities are reflected in higher compensation.

Bachelor of Science in Nursing (BSN)

While RNs with a BSN have the same main job responsibilities as those with an ADN, BSN-prepared nurses have a more extensive education, especially with leadership-focused classes, that help qualify them to take on nursing supervisor or nursing management roles. This opens up opportunities for more career advancement with higher earning potential.

salary

Master of Science in Nursing (MSN)

Registered Nurses with a master’s degree often take on advanced practice roles in either a clinical setting or non-clinical setting. Some of these jobs include nurse practitioner, nurse midwife, nurse anesthetist, nurse educator, and forensic nurse. The mastery of skill and ability to provide more specialized care—such as analyzing tests, prescribing medications, and diagnosing health issues—contributes to a higher salary.

Doctor of Nursing Practice (DNP)

The highest level of degree you can achieve within nursing is a DNP or Ph.D. Nurses with doctoral degrees are not only caregivers but also healthcare leaders, contributors to research, or educators for future nurses. With the ability to take on roles at the academic and executive levels, nurses with a doctorate tend to have the highest salary.

It’s crucial to note, though, that the type of degree you have is not the only factor when it comes to salary. Location, years of experience, certifications, specialization, and even healthcare setting are also major contributors to your salary. So, while continuing your education can create more opportunities for your professional and financial growth, the spectrum of earning potential as a nurse is vast. What’s important is making sure you know what you want to achieve in your career and finding a recruiter who will help get you there!

Our job board is the perfect place to look when you are ready for your next assignment or looking for your first assignment! Find both the role and the location that speak to you and your priorities.

If you are a new travel nurse or looking into becoming a travel nurse:

Travel Nurse Guide: Step-by-Step (now offered in a PDF Downloadable version!)

By AMN Healthcare

October 27, 2022

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Unlocking Prosperity: Travel Nurse Earnings – Average Pay and Salary Insights

AMN Healthcare provided this article.

When healthcare facilities need experienced nurses to fill nurse-to-patient ratios, they rely on travel nurses to fill in the void and get the job done. Travel nurses accept short-term assignments – typically thirteen weeks, to ensure high-quality patient care regardless of whether the healthcare facility has staffing shortages. Due to the flexible nature of the job and the experience the nurse brings to the table, travel nurses are typically paid more than permanent staff nurses.

Average Travel Nurse Salary

As of September 2022, the average travel nurse’s salary is $1,998 per week. (Indeed) There is potential for nurses to earn even more based on their location and specialty.

travel nurse salary

Highest Paying Travel Nursing Specialties

Speaking of specialties, the higher the demand for a nurse specialty, the higher the salary. The top five specialties for travel nurses include:

Cardiovascular Intensive Care Unit (CVICU) is the most sought-after nurse specialty because CVICU nurses are responsible for caring for patients after heart transplants and open-heart surgeries. CVICU nurses can generally earn $2,223 to $4,406 per week.

Labor and Delivery (L&D) nurses are also in high demand. These nurses are invaluable and work in the maternity wards. An L&D travel nurse generally earns anywhere from $2,342 to $6,231 per week.

Emergency Room (ER) nurses treat patients in critical condition and suffering from trauma or a condition requiring emergency attention. ER nurses can earn up to $1,900 to $4,284 per week.

Progressive Care Unit (PCU) is a high-demand nurse specialty. PCU nurses quickly think on their feet as they monitor patients’ vital signs. PCU nurses can earn up to $1,914 to $4,333 a week.

Telemetry (TELE) travel nurses monitor patients’ vital signs and assist doctors with various procedures. TELE travel nurses perform the same duties as nurses in permanent positions but earn $1,967 to $4,191 per week, depending on the assignment.

Highest Paying Travel Nurses Locations

The highest-paying travel nurse locations are typically always in California and New York; other cities outside of California and New York with high-paying contracts include; Orlando, FL., and Atlanta, GA. The highest-paying cities in the U.S. for travel nurses are New York, New York; San Diego, California; Denver, Colorado; Atlanta, Georgia; Orlando, Florida; Omaha, Nebraska; and Fort Myers, Florida. (Indeed)

As of September 2022, the states with the highest demand for travel nurses are California, New York, and Pennsylvania.

Traveling Nurse Competition and Benefits

Travel nurses are always in demand, but the competition is chasing the highest salary. Fortunately, salary can be supplemented with benefits. Some agencies offer benefits that may include; health insurance, vision insurance, disability insurance, and life insurance.

How to Increase your Travel Nurse Pay

Travel nurses can increase their pay, which doesn’t require negotiations. American Mobile recruiter, Levi L., shared, “If you want to maximize how much you make, there are different strategies such as finding low housing cost so that you can take home more money, take housing we provide, or take the housing subsidy. Also, take a look at tax rates. Some states don’t have a state income tax, while in California, nurses receive time and a half (overtime pay) if they work over eight hours.

Another option would be to consider various certifications. For example, some ER nurse positions pay more for nurses who have a TNCC certification.”

“The best option is to tell your recruiter your financial or compensation goals. While you can easily find the highest wages using AMN Passport, you don’t always want to base your final decision on the wage to meet your compensation goals.

That’s what the recruiter is here for – to maximize your compensation and optimize your experience.”

Are you looking for your next travel nurse assignment? Click here to view our job board. Do you need housing for an upcoming assignment? Click here to search our housing page.

If you are a new travel nurse or looking into becoming a travel nurse:

Travel Nurse Guide: Step-by-Step (now offered in a PDF Downloadable version!)

By Fusion Marketplace

February 23, 2022

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Healthcare Travel Pay Trends by State

Fusion Marketplace provided this article.

Written by: Megan Bebout

The past few years have brought major changes in the world of healthcare travel. It seems like the notorious coronavirus, and its variants have virtually taken over the entire healthcare field, causing an influx in travel healthcare professionals like yourself. The dramatic increase in demand has also come with wage increases for healthcare professionals across the board. Let’s take a look at a breakdown of healthcare wage trends by state to gain a better idea of what to expect for the rest of 2022.

Recent changes in healthcare pay

Within a year, every state in the U.S. experienced changes in healthcare wages and, out of the 50 states, 44 of them saw at least a 10 percent growth in wage. With a 51.6 percent pay increase, Alaska tops the U.S. state as no. 1 for the highest healthcare pay growth, with Georgia followed behind at 47.7 percent and New Mexico at 40 percent.

Since winter enhances the spread of most viruses, the industry has seen a recent trend where wage increases mirror virus outbreaks within a particular state. In other words, the more infectious patients there are to treat, the more money you can make as a healthcare traveler

Of course, what comes up must come down, and Wyoming healthcare workers felt firsthand the decrease in pay. For example, at the beginning of August 2021, healthcare professionals could expect a weekly salary of $2,538. But by the end of the month, that wage had decreased to $2,417, which is a decrease of 4.8 percent within the month.

There are several ways to compare your next travel assignment’s pay, including Fusion Marketplace. And regardless of where you live or where you travel to, you’re bound to feel the changes of healthcare pay eventually. When it happens, you can be as prepared as possible with Fusion Marketplace’s comprehensive job search platform and these recent trends broken out by state.

StateWeekly salary at the beginning of 2021Weekly salary at the end of 2021Percentage difference
Alabama$2,074$2,82136%
Alaska$2,154$3,26551.6%
Arizona$2,375$3,06929.2%
Arkansas$2,455$2,91118.6%
California$2,587$3,31328.1%
Colorado$2,157$2,65223%
Connecticut$2,472$2,5422.8%
Delaware$1,716$2,81038.9%
Florida$2,402$3,17332.1%
Georgia$2,456$3,62747.7%
Hawaii$2,327$2,3671.7%
Idaho$2,474$3,17328.3%
Illinois$2,461$2,87917%
Indiana$2,241$2,90820.1%
Iowa$2,422$2,67710.5%
Kansas$2,453$2,75612.4%
Kentucky$2,325$2,84322.3%
Louisiana$2,331$2,92525.5%
Maine$2,311$2,3551.9%
Maryland$2,284$2,57412.7%
Massachusetts$2,419$2,4923%
Michigan$2,296$2,70117.6%
Minnesota$2,584$2,97014.9%
Mississippi$2,3482,81419.9%
Missouri$2,600$3,02216.2%
Montana$2,091$2,66527.5%
Nebraska$2,448$2,6809.5%
Nevada$2,326$2,86323.1%
New Hampshire$2,333$2,60011.4%
New Jersey$2,309$2,72618.1%
New Mexico$2,430$3,40140%
New York$2,417$2,78815.4%
North Carolina$2,289$2,77321.1%
North Dakota$2,680$3,39626.7%
Ohio$2,180$2,58118.4%
Oklahoma$2,559$3,02518.2%
Oregon$2,456$3,21130.7%
Pennsylvania$2,441$2,99622.7%
Rhode Island$2,259$2,77218.5%
South Carolina$2,377$2,74915.7%
South Dakota$2,392$2,81717.8%
Tennessee$2,172$2,58819.2%
Texas$2,270$2,55812.7%
Utah$2,175$2,72725.4%
Vermont$2,363$2,4574%
Virginia$2,246$2,54613.4%
Washington$2,307$2,95728.2%
West Virginia$2,195$2,56917%
Wisconsin$2,440$3,15929.5%
Wyoming$2,538$2,417-4.8%

The healthcare industry goes through constant change, especially as the nation experiences infectious waves from illnesses like the coronavirus and influenza. As healthcare travelers become more and more in demand throughout the year, we can expect to see fluctuations in pay that mirror the demand. For you as a professional healthcare traveler, it’s important to keep up with current wage trends so you’re able to negotiate your pay with each assignment and ensure you’re making the most you can.

We hope you found this article on healthcare travel pay trends by state informational and helpful. If you have any questions or comments, please comment below.

Are you looking for your next travel nurse assignment? Click here to view our job board. Do you need housing for an upcoming assignment? Click here to search our housing page.

Author Bio

Megan Bebout

Megan is a professional writer and marketer, producing high-quality content to make a positive impact in the healthcare industry. She has a Bachelor of Science in Sociology and Journalism from the University of Nebraska at Omaha.

By TNAA- Travel Nurse Across America

January 20, 2022

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A New Traveler’s Guide to Understanding Travel Nurse Pay

TNAA Healthcare provided this article.

Lots of RNs use the fresh start of the new year as motivation to jump into a travel nurse career. Life as a travel nurse is exciting, but it also requires a lot of research to make sure you understand everything that goes with the profession. How do you move from place to place every three months? What is a tax home? What factors go into travel nurse pay? Whether you’ve already done your research or you’re just beginning, here’s some information about travel nurse pay that you might not have already known.

Who Sets Travel Nurse Bill Rates?

Travel nurse bill rates are set by healthcare facilities based on market demand, and that is constantly fluctuating. You’ll see fluctuations in travel nurse pay based on which areas of the country are being hardest hit with illness or nurse shortages, which specialties are in highest demand at a particular time, and so much more. Right now, pay rates for several specialties are up, but at some point, they’ll level off. For instance, once elective surgeries were back on hospital agendas, more OR nurses were needed. As COVID-19 cases ramp up again, ICU and ER nurses top the list of facility needs.

What Factors Go Into a Travel Nurse’s Pay Rate?

We’ve already talked about how market demand affects travel nurse bill rates. Market demand also impacts travel nurse pay rates. You might also see some pay differences for the same assignment from agency to agency based on other factors. Your pay rate depends on the benefits your agency offers and that you use (like housing per diems, paid sick leave, health insurance, etc.), the support your agency gives (like guaranteeing your pay if a hospital calls off your shift or help finding housing), and much more. The important thing to do is to identify what your needs are and find the contracts that fit your lifestyle the best. To understand the full compensation package and the help available for each assignment, your best bet is to talk with an experienced recruiter who can explain the details.

Where Do I Go For Issues With My Pay?

If you have any issues with your travel nurse pay, you’ll want to go straight to your agency. Your nurse manager likely doesn’t know or have a say in your compensation package. However, as your advocate, your travel nurse agency can review your timecard, discuss discrepancies with the hospital, and work out any issues.

When it comes to travel nurse pay, there are many factors to consider beyond the number listed with an assignment. There are benefits, taxes, and the list keeps going. Take the time to do your homework to understand what is going into your full compensation package and what you are actually bringing home.

We hope you found this article on understanding travel nurse pay helpful. If you have any questions or comments, please feel free to comment below.

Are you considering travel nursing and need to find a travel nurse assignment? Click here to view our job board. Do you need housing for an upcoming assignment? Click here to search our housing page.

If you are a new travel nurse or looking into becoming a travel nurse:

Travel Nurse Guide: Step-by-Step (now offered in a PDF Downloadable version!)

By The Gypsy Nurse

October 2, 2021

24521 Views

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Overtime Negotiation

In my series of articles on Preliminary Contract Negotiations, I discussed negotiating overtime in step 11. In this article, I’m going to delve a little deeper…

The case for Travel Nurse Overtime Negotiation

If you have no intentions of working any overtime, ever, you can skip this part. However, if you’re like me and want as much overtime as possible, this is a negotiating point.

Some travel nurse companies will negotiate overtime rates separate from the contracted hourly rate. The following information is important, and armed with it will help you negotiate for a higher overtime rate. Why? This is because all of your expenses/benefits are covered on the travel nurse agencies part in the contracted amount of hours. Any hours you work over the contracted amount are simply a benefit (and increased revenue) for the travel nurse agency. Most companies will offer you time and half of your base rate (minus any tax-free amounts) for overtime. I always negotiate for a higher overtime rate, and if the travel agency does not budge on this, I remind them that me working overtime is beneficial for me…but them.

Overtime isn’t simply the 1.5 times your taxable rate

Although this is the standard in the permanent staffing world, travel nursing pay is set up differently. We are contractors and can negotiate whatever rate we want – within the constraints of the agency agreement, of course!

1. Determine the “effective taxable wage”

For the sake of the conversation, let’s say that your take-home wage is $1200 a week; you have a 36hr guarantee; and a taxable wage of $18/hr. Many companies will try to pay you overtime on only the taxable wage of $18. And most will only pay the ‘taxable wage’ ($18/hr in this example) for hours 36-40.

The reason is because housing and M&I are based on your guaranteed 36 hrs. However, the bill rate to the hospital doesn’t change, so the company profits on the difference. We are going to try to recover some of that money back into your hands.

Go to paycheckcity.com and play with the calculator until you reach a taxable wage that would make you the $1200/wk take home if you were taxed on 100% of your money for 36 hrs. (This varies by state). For this example, we will assume it’s $44/hr. Once you know your ‘effective taxable wage,’ you are better positioned for negotiations.

2. Negotiate the ‘Secondary Rate.

For hours 37-40, you can negotiate a secondary rate with the agency. Generally, I recommend that you base this on the ‘effective taxable wage.’ In this example, $44/hr.

3. Determine your Overtime rate.

Now that you know your ‘effective taxable rate,’ you can better determine what the OT rate should be. It’s unlikely that the agency ‘can’ pay you time and half of the ‘effective taxable rate’ because this is likely higher than the actual bill rate.  BUT, you have a place to start! In this example, time and half of the ‘effective taxable rate’ would be $66/hr.

My recommendation is to work with a ‘triple’ rate as a start for OT negotiations. In this example, the taxable rate is $18, so the ‘triple’ rate would be $54/hour. This is likely much closer to a realistic OT rate than the $66 (time and half of the ‘effective taxable wage.’

4. Be Realistic

The agency has to make money too! You want this to be a win-win situation! These tips are only a suggestion on a place, to begin with, negotiations. Your trust level with your agency/recruiter will play a role in your negotiations, which is why it’s essential to have an agency/recruiter that you trust.

When you work OT, it should be putting more in your pocket and the agencies as well.

Personally Speaking: I’ve had contracts that I couldn’t get a good OT rate and told the agency that I wouldn’t work OT with that rate (and I didn’t). Then I’ve had contracts where my ability and drive to work OT was a great factor in negotiating a great rate. Simply stating, ‘I’m hoping to work a bunch of OT this contract. Let’s make this a ‘money-maker for BOTH of us!’ and my recruiter was able to get me a fabulous OT rate.

5. Don’t Forget…

It’s important to remember if you are taking call/call-back or working holidays during your contract that this is reflected in your contract at the correct rate!

I hope that these travel nurse overtime negotiation tips have been helpful. How do you experienced travelers negotiate OT? Looking for more information about your Travel Nurse Pay? Do you have other tips or suggestions? Please post in the comments to share with our readers!


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By The Gypsy Nurse

June 12, 2019

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What Do You Find Frustrating About Travel Nursing?

travel nurse frustrations
Photo by Nathan Dumlao on Unsplash

We hear a lot about the fun side of travel nursing but what Frustrates travel nurses? We asked our travel nurse network group what they find frustrating about travel nursing and here is what they had to say.

Travel Nurse Frustrations

We were able to break down some of the more common issues into 4 categories. In addition to listing the common travel nurse frustrations, we’ve listed some of the ways that you can ease these frustrations.

Travel Nurse Frustrations: On-boarding Issues

travel nurse frustrations
Photo by Hush Naidoo on Unsplash
  • Dealing with unreliable and incompetent Credential Analysts
  • On boarding process. Items that the traveler has to complete for each new contract. The ppd, drug test, check list, computer training.
  • Doing the same modules every. Single. Assignment.

Unfortunately, the on boarding process is a huge travel nurse frustration and is as varied as the number of hospitals that use travelers. Each individual hospital has it’s own requirements and no matter how prepared the traveler, there will always be on boarding issues. There are a few things that the traveler can do to make this process a bit better. Making sure that you have an updated travel nurse portfolio is the first and most important thing you can do to ease the on boarding. There will still be modules, computer training, drug tests, and checklists for each individual hospital but perhaps you can avoid that PPD.

When on boarding for a new agency or a new contract, understand that some of those last-minute issues aren’t actually coming from an ‘incompetent’ credentialing person – but from the hospital itself. Many times, the person doing the credentialing doesn’t get last minute information until they are passing it onto you.

Travel Nurse Frustrations: On The Job Issues

  • Being treated like a new nurse and underestimating experience.
  • Being treated like you should know how every facility works, where things are located, charting systems, and all of the hospital policies while simultaneously being treated like a moron.
  • No cubby, locker, email account, access to the paging system, or Istat/glucometer login access.
  • House wide orientation
  • Not being able to make change in the hospital you’re working at when their protocols or “ways of doing things” aren’t best practice.

Tips for on the job Issues

Someday, maybe hospitals will understand these issues. As a travel nurse all we can do is attempt to educate each new facility on how important these items are. A large part of being able to educate is to build trust between you (the traveler) and the hospital. Effective communication is the key here.

When hitting the floor (hopefully for orientation), talk to your preceptor and provide them a brief overview of your experience and what items you need help with: where are supplies, how do you contact physicians, basic day to day policies, etc.

What items are necessary for you to actually take care of patients? It’s not unreasonable for the traveler to insist on having these items BEFORE accepting patient care. It’s illegal to chart under someone else’s login. Patient safety requires that at a minimum nurses have access to the patients chart, medications, etc.

Do you have suggestions on how the hospital can improve? Ask for an exit interview. If you are able to arrange an exit interview – go prepared! Make sure that your approach is one of process improvement and safe patient care; not simply complaining about what you feel is ‘wrong’ with the current processes.

Contract and Pay Issues

tavel nurse frustrations
Photo by: https://unsplash.com/@kellysikkema
  • 3rd party vendors (VMS/MSP) lower the pay rate.
  • Contracts are only one sided. No protections for the traveler.
  • Getting canceled and not getting paid.
  • Worrying constantly about getting sick and getting losing pay as well as penalties.
  • Pay rate for the hours of 37 to 40

Tips for Contract and Pay Issues

The first step in dealing with contract and pay issues for the travel nurse is to understand all of the aspects of your travel nurse contract. Additionally, it’s important to make sure that everything is detailed in your contract. Do you know what your pay is for hours 37-40? What are the penalties for missed shifts (sick days) and can you make them up? Does the agency/hospital have to give you any notice for termination? Is your contract going through a VMS/MSP? Knowledge is KEY! Asking these questions and making sure that all necessary items are covered in your contract are your responsibility as a travel nurse.

Other / Misc Issues

Finished the travel nursing guide and are ready to look for an assignment?

Check out our travel nurse jobs!