TNAA-Travel Nurse Across America provided this article.
Travel nursing offers an abundance of perks, such as getting to explore new places, building your professional network, and utilizing your nursing skills in a variety of facilities and communities. But there’s another perk many travel nurses may not be aware of: referral bonuses.
Many, but not all, travel nurse agencies offer referral bonuses to thank their nurses for recommending their services to others. Read on to learn more about referral bonuses and how nurses can benefit from referral programs.
Types of Travel Nurse Referral Bonuses
Travel nurse referral bonuses come in various amounts and vary from agency to agency. Understanding the different types of bonuses can help you choose the one that aligns with your preferences and goals.
Here are some common referral bonus structures:
Flat Rate:
These types of referral bonuses offer a flat rate across all specialties and are often limited to your first referral, which is a flat rate across all specialties.
Tiered Structure:
Tiered structure referral bonuses will offer varying amounts depending on the specialty you are submitting a referral for. For example, referring a PICU nurse may earn you a higher referral bonus than referring a MedSurg nurse.
Capped Referrals:
Some bonus structures set a limit to the amount you can earn through referral bonuses or the amount of referrals you can submit to them.
Unlimited:
As opposed to capped referrals, some agencies do not limit you to a set number of referrals or cap the amount you can earn in referral bonuses.
Recurring Bonuses
Some travel agencies, like TNAA, offer recurring bonuses for referrals, meaning you will earn additional rewards when your referral continues to take assignments with your travel agency. Depending on the agency, these can be in addition to initial bonuses.
Gift Cards and Other Incentives:
In addition to other monetary bonuses, some agencies offer gift cards or other incentives for referring your travel nurse friends. Referral bonuses are often paid once your colleague has accepted their assignment or completed a certain amount of their assignment, but some agencies offer additional incentives to referring nurses that will be paid to the referrer even if an assignment does not work out for their referral.
Other Benefits to Referral Bonuses
Beyond the obvious financial gains, referral bonuses offer additional benefits. Referrals strengthen the sense of community among travel nurses, create networking opportunities, and contribute to a positive working environment. Plus, you’re actively playing a role in a fellow nurse’s decision to embark on a travel adventure, helping build the travel nurse industry.
And if you love your travel nurse agency, there really is no better way to say thank you than to refer your colleagues to travel with them.
Check with Your Recruiter About Your Agency’s Referral Bonus Program
Interested in earning referral bonuses? The first step is to have a conversation with your recruiter. They can provide insights into the specific referral programs offered by the agency and guide you on how to refer your colleagues or friends. It’s a win-win situation – you help your connections discover exciting opportunities, and you get rewarded for it!
Taking advantage of referral programs can enhance your journey, financially and otherwise, and create a ripple effect of positivity within the travel nursing community. So, don’t hesitate – contact your recruiter to talk about referral bonuses today!
The Gypsy Nurse job board is a great place to search for your next travel nurse assignment. We have you covered with our housing page if housing is an issue. You can search for what you are looking for.