Tuesday, March 26, 2024

How Much Do Travel Nurses Make In New York

Frequently Asked Questions About A Rn

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The average salary for a RN- Travel Nurse is $87,258 per year in New York City, NY Area. Salaries estimates are based on 8350 salaries submitted anonymously to Glassdoor by a RN- Travel Nurse employees in New York City, NY Area.

The highest salary for a RN- Travel Nurse in New York City, NY Area is $121,045 per year.

The lowest salary for a RN- Travel Nurse in New York City, NY Area is $62,902 per year.

If you are thinking of becoming a RN- Travel Nurse or planning the next step in your career, find details about the role, the career path and salary trajectory of a RN- Travel Nurse.

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What The Future Will Hold For Nursing After Covid

Clearly, this pandemic has demonstrated that the U.S. healthcare system is in drastic need of some significant improvements. No one truly knows what a post-COVID-19 future will hold, from the economical effects to how it will change the countrys preparation for future viral threats.

What is for certain, however, is that healthcare will be more important than ever, and if youre looking for recession-proof employment, nursing will definitely offer you security, stability, and the opportunity to make a difference. Especially for all the people who will remember the pandemic and helpless feeling of living through this pandemic, this could really be the call youve been waiting for to go to school for nursing.

Its probable that this pandemic will lead to embracing more technology in healthcare, from making nursing school online more accessible for remote learners, but also bringing more opportunities in telehealth available as well. Doctors are already predicting that this pandemic will cause more patients in the future to embrace seeing a doctor online, to prevent future exposures.

Either way, the point is, if youve ever thought about becoming a nurse, chances are, there will be plenty of opportunities to get involved in healthcare in the coming months and years.

There’s no time like the present to get started on a nursing career – in fact, most schools offer online programs.

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Per Diem Is Not A Stipend

Because these phrases can sometimes be used interchangeably, its easy to get confused about what a travel nurse stipend entails.

While they share similarities in rates, as the name suggests, a per diem rate is the daily money received for food, lodging, and other expenses. For instance, the GSA will list lodging rates as daily figures, and those figures will change depending on the month.

The vast majority of travel nursing agencies offer a stipend for each travel assignment. This is a lump sum that is usually paid out on a weekly or biweekly basis. In most cases, this figure will be less than the GSAs per diem monthly total. For example, in NYC the monthly lodging per diem would be $8,940 in lodging, a figure that far exceeds the average cost of a single bedroom apartment.

How To Become A Travel Nurse In New York With Trusted Nurse Staffing In 3 Simple Steps

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Head over to the Trusted Nurse Staffing website to create your free online profile. Once your profile is complete you will be able to quickly browse the listings for New York travel nurse jobs. And if you like, we can make things even easier for you by letting you know of any new openings that match your requirements.

Next, Trusted Nurse Staffing will put you in touch with one of our professional travel nurse recruiters. Your recruiter will be able to answer any questions you may have about becoming a travel nurse to New York, will help you throughout the hiring process, and provide you with ongoing support throughout your travel nurse experience.

Finally, you will sign your contract and get ready to start your adventure as a travel nurse in New York. Once your assignment is over, we will be here to help you find your next travel nursing position. And, if you love where you are working and want to stay, we can help you extend your assignment.

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Travel Nursing Pay Explained

Travel nurse pay differs from full-time nursing positions because agencies offer hourly rates for each assignment, which means RNs can shop around and find opportunities with ideal pay. In contrast, RNs working full time at hospitals, physicians’ offices, and other facilities usually rely on raises or additional education to increase their earning potential.

Practitioners considering this role also need to explore what take-home pay looks like for travel nurses. Nursing agencies set their own conditions, so pay packages vary. For instance, organizations may offer an hourly base pay with additional stipends to cover housing or meals, while other companies may offer a higher hourly rate to account for additional expenses.

Incentives For Travel Nurses

While the majority of nurses weve talked to want to help, regardless of pay. We think its important for nurses to be paid what they deserve, make the hiring process as seamless as possible and receive the support they need along the way. Here are some incentives that weve found from New York State and staffing agencies.

  • Crisis Pay – Travel nursing agencies are offering crisis pay that is over double the average pay for travel nurses. We are seeing pay rates of over $10,000 per week plus quarantine pay.
  • Expedited RN licensure – If you have an RN license in any state, you are encouraged to work in New York and will receive a license in 1 day, or less.
  • Free hotel rooms – several hotels, including the Four Seasons.
  • Free car rentals – Hertz is offering free car rentals for healthcare workers
  • Free airfare – Delta and Jetblue are offering free flights to medical workers who are helping tackle the COVID-19 pandemic.
  • Discounts and offers – Businesses are also offering incentives, not only to travel nurses but to all nurses. From free crocs shoes and free Starbucks coffee to discounts on scrubs, weve collected all the specials and you can see the offers here.

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Top 11 Tips To Make The Most Money As A Travel Nurse

  • Crisis Contacts and Pandemic Nursing – Travel nurses are in demand now, amid the pandemic, more than ever. If you’re looking to get paid your worth then considering a crisis contract in an area experiencing a COVID spike will definitely pay, a lot. However, it’s important to weigh the pros and cons – make sure your agency pays for sick time if you do get COVID. Go here to get started now.
  • Find Your Own Housing – We suggest taking a housing stipend and securing your own housing. This will give you the freedom to choose your price point. Agencies will often house nurses in pricier accommodations Additionally, agencies sign corporate leases — leases that come with a corporate price tag. Some agencies are able to offer free housing if you stay in one of their preferred hotels. Most other agencies do not cover this cost outright, though, theyll help you set it up.
  • Be Flexible – If money is your motivation, flexibility is key. Sometimes the highest paying assignments pay higher because they are not the most ideal. They may be in a less than desirable location or on a hard to fill time shift, such as nights or variables. Though its not always the case, nights, variables and weekends may come with higher pay or shift differentials.
  • Work Agency Per Diem and Pick Up Extra Shifts- Travel nurses who want to make even more money will often work local agency per diem shifts. Theyll also volunteer to work extra shifts during their assignments.
  • How Much Do Travel Nurses Make

    How much do travel nurses make // Travel Nursing

    The average annual salary for a travel nurse is $108,070 in 2021, acccording to Indeed.com. That is significantly higher than the average mean salary for staff nurses, $75,330 per year according to the Bureau of Labor Statistics .

    The exact salary you can expect to make as a travel nurse will vary widely based on where you choose to work, what type of nursing position it is, and the length of the contract.

    The average annual travel nurse salary is $108,070 in 2021.

    For example, you may make more in a month as a travel nurse compared to a staff nurse, but if you only work one- or two-month-long assignments, your annual pay will be lower. But, if you take several assignments in a 12-month period, then you could make significantly more in one year than you could as a travel nurse.

    Your total travel nursing pay package will look different than a staff nurse because its made up of your base wage pay the hourly rate you earn for your nursing duties and additional stipends, which are classified as non-taxable reimbursements and not considered income.

    As an example, a standard total pay package could look something like this:

    Taxable hourly base wage*
    $8,200

    *Assumes $20 per hour at 40 hours per week, minus taxes

    You should consult your own certified financial planner if you have concerns before you start travel nursing. It may help you evaluate if a travel nurse pay package is right for you based on your overall financial goals.

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    The second we put 150 nurses in and I think OK, well settle for a few days, bang we get another 250 needs, he said.

    The Prime Staffing nurses are typically paid $110 to $120 a hour, including a weekly stipend for expenses in New York. The agency provides housing, usually putting them up in one of the citys hotels.

    He said the greatest need was for RNs to work in ICUs, emergency departments and on medical-surgical units.

    Fazio said hospitals were trying to stay ahead of the rising number of coronavirus patients.

    Until we get this vaccine out there, they just dont know what the end result is so they dont want to not be prepared, he said.

    The hospitals contract with the the staffing agencies which then recruit, screen and pay the nurses.

    A Health + Hospitals spokesman said it brought on 43 registered nurses, 16 licensed practical nurses and three nurse leaders for the immunization effort, as well as other nurses for other areas. He would not comment on how much they were being paid or the amount spent by the system this year on travel nurses.

    In light of increasing Covid-19 infections, we are onboarding additional staff to ensure that there is adequate support across affected clinical areas in our system, said Christopher Miller.

    Why Do Some Areas Pay More

    If youre wondering what the average housing stipend for travel nurses is, the answer isit depends. Although cost of living has increased across the country, your dollar will go a lot further in Nebraska than it will in San Francisco. For example, the average cost of furnished apartments in Boston can range anywhere from $2,000 to $3,500, while the average cost of a furnished apartment in Houston is as low as $1,200.

    Should you choose to live in a highly competitive highly-priced area, your GSA stipend limit will be higher. Or if you move to a new place at a certain time of the year, that too will have an impact summer may pay out more while winter pays out less. That said, most agencies will offer a stipend that ranges from $2,000 to $3,000 per month.

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    How Much Do Travel Nurses Make? Under normal circumstances, many travel nurses have the potential to earn over $3,000 per week. Travel nurses can bring in over $50 per hour, plus company-paid housing accommodations. Making it entirely possible for travel nurses to make well over $100K per year.The increased pay is tied to the rising hazard of working during the pandemic, but travel nurses are at least receiving better compensation for the risks they take. Nationwide, travel nurse pay has risen by 76%, and has gone up by as much as 90% in Washington state, the original hotspot of COVID-19.

    • Every day, nurses across the globe put on protective equipment, go to work and care for patients battling COVID-19. Then, they head home to their families and deal with the same struggles everyone has been navigating since the initial virus surge, including feelings of uncertainty, pandemic fatigue and more.
    • How Much Money Do Travel Nurses Make? Under normal circumstances, many travel nurses have the potential to earn over $3,000 per week. Travel nurses can bring in over $50 per hour, plus company-paid housing accommodations. Making it entirely possible for travel nurses to make well over $100K per year.

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    How Much Does A Traveling Nurse Make Per Year

    How Much Can You Make As A Travel Nurse?

    Travel nurse salaries vary significantly, especially since the outbreak of COVID-19. Factors that can influence earning potential include geographic location and specialty. However, travel RNs should anticipate working 46 weeks a year and earning about $1,840 on a weekly basis, close to $84,700 per year.

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    Why Do Travel Nurses Make More Money

    Kathy Quan RN BSN PHN

    Travel nursing has been a lucrative option for nurses for many years now. Its been an important means for hospitals to fill high-demand positions with some of the best options in the country. Additionally, it allows employers to try out nurses without long term commitments. Many times, they may offer a traveler a long-term opportunity. Travel nursing is not for everyone and not every nurse is a fit for travel nursing. For those who do fit, there is money to be made.

    Is it true that travel nurses make more money?

    The best answer is yes, the potential is certainly there. But there are some other important factors to consider as well. Besides just money, there are perks available to travel nurses that staff nurses dont always have. Nurses often turn to travel nursing to open opportunities to gain experience or get the training they need to advance their career in specialty areas. Some of these may not always be offered in their local hospitals, clinics or facilities.

    Another reason is that recruiters work with facilities and employers seeking to fill specialty/certificated nursing positions when their local supply of nurses has been exhausted. Nurses who have certificates and specialty experience can demand higher pay as travel nurses. They may be able to access opportunities that are not available for them locally. This helps them improve their resume by gaining experience and confidence in their specialty area.

    How much do travel nurses make?

    How Does Travel Nurse Pay Differ From Staff Nurse Pay

    • Staff nurses in a hospital are usually paid a set salary based on education and experience. They typically receive incremental pay increases at various time frames.
    • Travel nurse pay is totally different and can be a bit of a gray area. Typical pay packages are composed of various components including, hourly pay, non-taxed housing stipends, non-taxed per diems, travel reimbursements, and more.

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    Fast Facts About Travel Nurses

    • Travel nurses generally earn as much or more than staff nurses with the same experience and qualifications.
    • Travel nurses can earn $44,000-$100,000 a year depending on where they work and their speciality.
    • The most in-demand travel nursing specialties include labor and delivery, emergency room, and medical-surgical/telemetry.

    Sources: BluePipes | The Gypsy Nurse

    Travel Nurse Education Requirements

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    To become a Registered Nurse, you must earn your Associate Degree in Nursing and pass the NCLEX exam. Though the ADN route is the most common way to become a Registered Nurse, many also go on to achieve their Bachelor of Science in Nursing . An ADN is the minimum travel nursing education needed, though BSNs are becoming more highly sought-after because hospitals who employ a large portion of BSN nurses are more likely to achieve Magnet status. Once you’ve met the educational requirements for travel nursing, you’ll also want to gain a few years of experience in your area of practice.

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    How To Calculate Travel Nursing Net Pay

    Calculating net pay is an important step in comparing competing travel nursing pay packages and ultimately deciding whether or not to accept a particular travel nursing job. The importance of net pay is relatively unique to travel nursing. This is due largely to the fact that levels of tax-free compensation vary so greatly. However, there are other important factors to consider. Here well discuss the factors that affect net pay and provide a strategy for calculating it.

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