Registered Nurse Income: More Training Means a Bigger Income
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Written by: SimoneJohansen
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Date: Fri, 24 Jun 2011 |
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Compared to other disciplines in the current market, the Registered Nurse income is quite competitive. This, plus the fact that the need for Registered Nurses will likely grow with the increase in an aging population, will make this an excellent career path. The typical Registered Nurse income, as stated by the US Bureau of Labor Statistics, is about $62,000, with some top earners getting over $70,000. While Registered Nurses can earn a competitive income in virtually any employment situation, the amount of Registered Nurse income you can earn depends upon a number of factors, for example education, location, specialization, and experience.
It will come as no surprise that the Registered Nurse that's just out of college is not going to be making as much as a nurse that has been in the industry for years. However, the amount of schooling can make a huge difference on the starting Registered Nurse income. An RN with a Bachelor degree can expect to earn about $5 more per hour than a nurse that just has an Associate degree. In addition to starting out making more money, the nurse with a Bachelor's degree will also have a lot more chances to get more advanced positions that often pay more. Nurses with an ADN very often find themselves going back to school to get their BSN to pursue advancement. The main benefit for these ADN nurses is they can often get tuition repayment from employers while continuing to work, which cuts down on costs.
Whether or not you have received certification for a specialty can also determine a Registered Nurse income. Registered Nurse specialists range from oncology to neonatology. Nurse anesthetists, whom give anesthesia along with anesthesiologists and surgeons, can easily earn over $130,000 a year. Nurse researchers, that evaluate health data and submit research papers, earn about $95,000. Pediatric endocrinology nurses, caring for children with endocrine system diseases, can earn just over $80,000. Specialties require many hours of continuing education and exams to get certified, but the hard work can significantly raise your earning potential.
The industry you choose to work in will also determine your earnings potential. Not all nurses work directly in the healthcare industry. Many are employed in government, manufacturing or publishing. The federal executive division of the government currently pays RNs an average of $77,000 a year. While nurses in medical equipment and supplies manufacturing can earn more.
Whether you recognize it or not, your location will also influence how much you earn. The median salary for Registered Nurses in California and Massachusetts is above $80,000, while in Iowa, Oklahoma, and North Dakota, it's under $53,000. And if you are wanting to make a six figure income, working in a metropolitan area will help. Many Registered Nurses who live in the California Bay area get paid over $100,000. Though, try to remember nurses living in these high paying settings are often also dealing with a very high cost of living.
Even though your salary might not be the best Registered Nurse income level, a profession in registered nursing can provide a competitive income and lots of job opportunity for the foreseeable future. And don't forget to factor in flexible hours childcare along with other benefits many employers provide you with as an in demand RN.
Now you understand how important training is, when it comes to determining the Registered Nurse salary. Find more information and search for schools that can help you get the training you need at www.traintobeanrn.com
Source: Registered Nurse Income: More Training Means a Bigger Income
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