If you’re already a licensed nurse, then you can work as a travel nurse in your state. The advantage of the first scenario is that stipends for housing and living expenses aren’t taxed as income, which can mean thousands of dollars in savings. This process takes a few weeks, and sometimes longer, so it’s best to get a head start as you look for jobs. Travel nurse salaries are set by contract, but there are several ways to earn more than just your hourly rate. How can I make more money as a travel nurse? We cover compact licenses and more in our guide to travel nurse licensing. Find resources to empower your healthcare career adventure. Certain travel jobs offer sign-on bonuses, completion bonuses and extra money if you work a certain shift or days (such as every holiday during your assignment). In some cases, you may be able to negotiate a higher rate of pay by choosing private insurance and opting out of the employer’s insurance option. Another good place to start, is connecting with a staffing agency. Topping the list is New York, with New Hampshire and Wyoming close behind in second and third. 2. 9. Minneapolis, MN | Annual salary: $95,052, Read more: The Best Cities for Travel Nurses in 2019. Average RN Salary: $59,540 Average Hourly: $28.63 Number of RNs in South Dakota: 12,950 50. Last year, a Travel RN earned a gross average weekly salary of $1,716 per week working an average of 36 hours per week. Washington, D.C. | Annual salary: $98,906 *Divide stipend total by hours worked (468 hours). 7. Ask your recruiter how a stipend vs employee housing option is taxed. Bringing you useful information to help with your job search, in our mission to provide the most transparent and up to date information on healthcare jobs. Locations in greater need of nursing jobs tend to offer higher compensation. This includes non-taxable compensation like living stipends, meal stipends, and housing which add up to an average value of $1,388 per week. Learn more in our breakdown of travel nurse pay. The national average salary for a Travel Nurse is $71,380 in United States. Salary estimates are based on 17 salaries submitted anonymously to Glassdoor by Travel Nurse employees. There are two ways you can get paid as a travel nurse: 1) You can be paid a “blended rate” of tax-free stipends plus a taxable hourly wage, or, 2) You can be paid a fully taxable hourly wage that is taxed on the total rate of pay, similar to how you’d be paid as a staff nurse. Bonuses (signing, referral, stay-on, or longevity). The three major factors that influence travel nurse pay are location, specialty, and shift. Others may offer a “stipend”, which is a lump sum paid periodically. Be sure to asses how your benefits are taxed because this can affect your net income. Salary and benefit estimates are based on NurseFly data of over 189,890 listings for US travel RN jobs in 2019. Annual: The average annual salary for travel nurses also varies significantly. 51. Assignments vary in length, but most travel nurses accept contracts in 8 to 26 week increments. Keep in mind, each state has specific licensing requirements. While there are many benefits to working as a travel nurse, the most common benefits included as compensation are housing stipends, meal stipends, and health insurance. 6. In locations where there is a greater need for nursing staff, pay tends to be higher. In addition to choosing an assignment in a high-paying location and signing with a travel agency that offers competitive rates and extra-compensation packages, there are other ways that you can earn even higher pay. You can also get tax breaks for maintaining your full-time home, which equates to extra money in your pocket overall too. Winnipeg, MB (5) Company. While there are many benefits to working as a travel nurse, the most common benefits included as compensation are housing stipends, meal stipends, and health insurance. South Dakota. If you’re able to claim a permanent tax-home, then you can be paid a blended rate, meaning your salary is taxed as ordinary income but your additional stipends are tax-free. However, these example jobs are paid fairly similarly to Travel Nurse jobs, with a range of just $15,144 (14.2%) to $24,993 (22.4%) more than the average Travel Nurse salary of $99,202. A good starting place to base your travel nursing salary on is the average median salary figure for a Registered Nurses in the United States. In locations where there is a greater need for nursing staff, pay tends to be higher. Reimbursement for things like your scrubs, books, or nursing supplies. Baltimore, MD | Annual salary: $95,057 Boston, MA | Annual salary: $100,429 English (24) Français (4) Upload your resume - Let employers find you. Your email address will not be published. We cover all the ways travel nurses can maximize their income in our ultimate guide to how much you can make as a travel nurse. Jump ahead to explore salary trends for the current month by location and specialty. Travel expense reimbursement for getting to your new nursing assignment. According to the Bureau of Labor Statistics, the average salary for a Registered Nurse as of 2018 was $71,730 per year. In accordance with the National Council of State Boards of Nursing (NCSBN), a nurse that has a “compact license” can practice in any other compact license state without obtaining an additional license. New York City, NY | Annual salary: $101,508 TravelNurse offers you the freedom you need to make your travel dreams come true, without forcing you to leave your career or give up your income. Find travel nursing jobs from California to New York in all RN specialties. According to 2019 BLS data, the average annual salary for a staff RN was $73,000 per year ($35.24/hour) or $1,409 per week working 40 hours per week. TravelNurse is your connection to thousands of nursing jobs across Canada. We’ve broken things down to make it easy for you to get the facts, including what an average travel nurse salary is and how much you can expect to make as a travel nurse. You’ll want to understand the exact start/end dates of your coverage before signing an agreement to avoid gaps in coverage. A travel nurse can expect some additional compensation that a staff nurse might not have access to. Some states also have a higher cost of living so employers offer higher compensation relative to those costs. average salary for a Registered Nurse as of 2018, tax breaks for maintaining your full-time home, The Best Cities for Travel Nurses in 2019. a Just like maintaining eligibility for a tax-free reimbursement, many travel nursing staffing agencies offer additional travel expenses for our nursing staff . Registered Nurses administer patient care and educate patients and their families about various health conditions. See the specialties with the highest weekly pay last year and up to the current month. Top examples of these roles include: Travel RN PACU, Travel Registered Nurse Pacu, and ICU Travel Nurse. 10. Health insurance, including dental, vision, and medical. According to ZipRecruiter, the top 10 highest-paid cities for travel nursing in the U.S. are: 1. For example, if you qualify as having a permanent tax home, many of these stipends are tax free, which can mean thousands of dollars in savings. As an example of how the blended pay might look, you can consider the following breakdown: Travel Nurse Blended Pay Example for 3 Month Contract. What are the most common benefits for a Travel RN?
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