You might also choose to become a travel nurse practitioner. This means you may be given the opportunity to choose assignments offering higher pay.īecome More Specialized: Specialized travel nurses tend to earn more than their counterparts, especially if you choose to become a surgical nurse, a fill-in nurse manager, a researcher, or a trauma nurse. Maintain Nursing Licenses in Multiple States: When you are licensed to work in more than one state, you have many more assignments available. You might also choose to pick up extra shifts on off days if you work per diem, or to work double shifts if you are paid hourly. Work Per Diem and Pick Up Extra Shifts: Travel nurses are often paid by the hour, but some employers may give you the option of daily (per diem) pay, which can be more profitable. Not all employers offer these options, however. How to Boost Your Travel Nurse Salary? If you choose this career path, there are several ways for you to increase your average travel nurse pay substantially. This may include only housing during long-term assignments, but in some cases, it may also include an apartment in the city of your primary residence.įree CEUs: Because travel nurses must be licensed in order to practice in all 50 states, their employers will provide them with access to free continuing education (CEUs) to help ensure they have met their licensure requirements. A sign-on bonus is provided when you agree to an assignment, a completion bonus is provided when the assignment is over, and a retention bonus may be provided to entice you to continue to take assignments through a particular company.įree Housing: Many travel-nurses are provided with free housing. Sign-On, Completion and Retention Bonuses: Due to the demand for flexible travel nurses, many companies will provide bonuses. Tax-Free Travel Reimbursement: Because travel nurses are expected to travel to different parts of the state, the country, and in a few cases even the world, employers will often reimburse them or even provide a stipend for their travel costs. Retirement (401K) Options: 401(k) is by and large one of the most preferred retirement benefits in the US, and it is often available to travel nurses with a relatively high employer match. Insurance Coverage: Insurance coverage usually includes health, vision, and dental, though travel nurses often pay a part of their premiums directly from their pre-tax pay. What other Benefits will You Receive as a Travel Nurse? Aside from the salaries mentioned above, travel nurses may receive a package including several other benefits that provide additional value. Travel nurses who work long overnight shifts in trauma centers often earn more than those who work shorter daytime shifts in doctors’ offices, for example. Once again, overtime and bonuses may come into play, but aside from experience, the overall nature of the assignment is the biggest factor in the salary difference. On average, they earn $117,490 with a starting salary of $78,430, rising to $170,680 as more experience is gained. Monthly: The monthly salary for travel nurses averages out to $9,790 and may vary depending on hours worked or bonuses.Īnnual: The average annual salary for travel nurses also varies significantly. Some of this may include overtime hours, though the availability and demand for overtime will vary from one assignment to the next. However, recently-licensed travel nurses tend to earn a much lower starting salary of $37.71 while their more experienced counterparts earn an average of $82.06. RECOMMENDED ONLINE MSN PROGRAMS How Much Does a Travel Nurse Make? Hourly: The average hourly rate for a travel nurse is $56.49. Here, you will learn more about the average travel nurse salary and what you can expect if you choose this exciting career path. Travel nurses also earn handsome salaries that rival the average salaries of BSN-educated registered nurses (RNs). Though they may work in any type of facility – hospitals, doctors’ offices, and long-term care facilities – they get to choose where they work, which helps prevent boredom. FIND MSN PROGRAMS 2022 Travel Nurse Salary + Job Outlook Travel nurses work in specific locations for limited and usually predetermined timeframes of anywhere from 13 to 16 weeks.
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