There are many things that influence the registered nurse salary levels. Factors for determining salary include education level, years of experience, and training in specialized areas. Income levels are also impacted by the area of the country and the company that you are employed with.
The number one influencing factor of income level is experience. The number of years of experience a person has will be reflected in their earnings. After graduating from school it is essential to get as much experience as swiftly as possible. It is a good idea to think about working in various areas of the nursing field to gather experience in different care settings. The number of years a person has been practicing will also dictate earnings. A nurse who has less than one year experience may only be paid twenty one dollars an hour while an RN who has ten years experience will receive twenty eight dollars an hour.
Job performance is another reason a persons earnings will be higher or lower. When a person functions well at their job they will enjoy the benefits of being paid according to their performance. A positive reputation will also follow the individual from one position to the next.
The nurses educational background will also impact their earning potential. There are some schools that hold to a higher standard than others and carry a reputation that any graduate of the school will benefit from. Additionally, the number of years dedicated to earning a degree is considered. For instance an RN with an associate degree will be paid less than an RN with a bachelor degree (BSN), and the nurse with a masters will be paid the most.
The number of openings in the field of nursing and the particular area of the field one works also dictates income level. For example, when the number of nurses needed increases the salaries tend to increase as well. Areas like geriatric care the need for specialty skilled individuals is constantly increasing. The need for nurses in elder care is increasing due to the growth in this segment of our population.
In the United States the full time salary for an average registered nurse position is over sixty thousand dollars per year. As the older segment of our population continues to grow, the demand for registered nurses in all areas of the nursing industry will increases .
Another influence on the increase in salaries is that the number of students graduating from nursing schools is not in line with the number of RNs that are retiring. This trend is bringing about the raises in income levels for nurses in an attempt to draw people in to the field of nursing.
Many hospital are now offering bonuses as incentives for registered nurses to go to work for them. Some of the bonuses have been reported to be more than twenty thousand dollars. Considering the factors that affect the salaries for RNs, earning a degree in nursing is worth seriously considering. The profession will not only offer substantial earning potential, but satisfaction on can gained from caring for others.
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