Travel nurses get paid depending on certain factors that influence travel nurse pay, from the state that you are working in, or your experiences. Taking all these factors in mind, there are ways for you to make the most out of being a travel nurse and make more money than how you would normally get if you are a staff nurse.
Why do travel nurses get paid more than staff nurses?
There are a lot of factors that influence travel nurse pay, but travel nurses typically get paid more than staff nurses because travel nurses have these extra stipends that are classified as reimbursements and not income, and they are non-taxable.
How can travel nurses make the most money?
Here are a few tips on how to make more money as a travel nurse:
- Refer a Traveler
Many travel nurse agencies offer a program where you could refer another travel nurse or someone who would make a great travel nurse. When you refer a travel nurse, you could earn an average of $1,000 and the person could get half, depending on the agency.
- Choose a State that Pays Well
The pay for a nurse depends on the state that you are in. If you are looking for a high-paying travel nurse job, consider accepting assignments in states like California, Texas, and North Dakota.
If a facility finds a travel nurse that they find great, they often ask the nurse to extend their contract. Extensions are great, especially if you have a great pay rate since you do not have to worry about packing up once again and traveling to a new city.
- Become more Specialized
Education is important. When you become more specialized and the more you master your craft, you could make more money. A lot of facilities depend on your specialization since the only referral they have is your resume and maybe the phone interview. The more educated you are, the more job offers and opportunities you could receive.
- Sign-on Bonus
This is a great way to make more money. Some hospitals also provide bonuses that you could get.
- Pick up Extra Shifts
There are some chances that you could pick up extra shifts despite most of the assignments are set in terms of your weeks booked. You could inform your recruiter and your supervisor if you want to pick up some extra shifts.
- Take More Experiences
The top-secret is to take more experiences, may it be your assignments or with your education. Make sure that you show off your lengthy resume, to show them that you are fit for the position that you are applying for.
- Take the Housing Subsidy
If you take the housing stipend, you could earn more money/ The housing that your agency provides uses all of your housing dollars and if you find your own housing, you get to control how much you spend on your housing.
- Get more State Licenses
Getting state licenses is an investment. The more state licenses that you have, the more work is open to you since you are able to practice in multiple states.
- Take High Demand Assignments
Accepting quick state and high-demand assignments is always great for more pay. There would be an urgent demand for more nurses, giving you a very lucrative assignment for travel nurses since you would have the opportunity to go over there and help those who are in immediate need.
What factors affect the salary range of a nurse?
- Level of nursing degree and nursing education.
- Your years of experience in your chosen field.
- State and city where you work (due to the cost of living)
- The type of work that you do.
- The type of specialty you pursue.
- Retaliation Assistance
- Recruitment Bonuses (from $1,000 to $20,000)
- Relocation Assistance
- Tuition Reimbursement
Nursing is a very in-demand profession and their salaries are daily lucrative as well. With the nursing shortage that we are experiencing right now, nurses are given the opportunity to expand their nursing careers, especially if they choose to be travel nurses. Texas is one of those states that have a great pay rate. There are a lot of Texas travel nursing jobs that you should consider getting. But before you start your job searching, you have to make sure that you do your proper research.