Traveling Nurse Salary: Pay plus Bonuses makes an Attractive Offer

by admin on January 22, 2009

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CHICAGO - OCTOBER 12:  Registered nurse Donna ...
Image by Getty Images via Daylife

Traveling Nurse Salary usually is based off of a base rate for a registered nurse. There are a variety of factors that will influence this base rate including your experience, the location of the assignment, and the specialty. However, the pay rate is usually very good and you can expect anywhere between $35 and $45 per hour as a base rate. If you add to that night shift differentials, that pay per hour will increase.

This is a nice traveling nurse salary and can be even better when medical centers also pass on a bonus to you for completing an assignment. For example, after you work a 13 week assignent you could receive anywhere between $500 and $6000.

And yet another bonus that will add to your traveling nurse salary is that many traveling nurse agencies offer a bonus for you to refer your nursing friends. Once they complete an assignment you can earn a bonus of anywhere between $300 and $600.

There are perks to becoming a traveling nurse for sure! It can be a rewarding experience. One thing that I know from experience is that if you have a job that you love and then get justly compensated for it, it makes it much more rewarding.

A few other things that you may or may not consider part of your traveling nurse salary, but cannot be dismissed is the travel reimbursement, housing subsidies, and guaranteed pay programs. Furthermore, most offer competitive 401K retirement plans and free medical coverage.

You should receive travel reimbursement or subsidy to get to the location you will work at. Most traveling nurse agencies either provide housing or give housing cash towards rent. And then yet another benefit is the guaranteed pay program. This ensures that if your shifts are cancelled, then you can still get a paycheck.

A traveling nurse salaray is not too shabby when you add all the benefits up. If you are good at budgeting yearly expenses, you could rack up some major retirement funds and in Dave Ramsey’s words “live like no one else”!

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