Travel Nurse Salary Range
Travel nursing is a lucrative career choice that has many great financial benefits. So you are looking into becoming a travel nurse and you want to know what the salary of a travel nurse is, right? This article explains, in detail, the typical pay that travel nurses receive.
On average a travel nurse can expect to bring in $80,000 to $90,000 per year depending on the location and experience of the nurse. Almost any assignment you work as a travel nurse will pay you around $40 an hour for the length of time that you work. This does not, however, include all of the benefits and bonuses that travel nurses receive on top of salary.
There are several benefits that travel nurses receive that make for great reason to pursue this job. The competitive salary is great but the benefits are amazing as well. If you sign up with the right travel nurse recruitment agency you can score serious benefits including free, luxury housing, free health insurance, reimbursement of all travel expenses and even discounted commodities such as free cell phone service and roadside assistance.
Health insurance alone can cost a single person around $200 or more per month. So, having it provided for free adds up to over $2,000 a year. Then you have the free housing which is usually a rather nice home that could easily go for $1,500 or more per month which adds somewhere around another $18,000 per year in benefits. Not having to pay for any travel expenses is great, too. And the free cell phone service plus roadside assistance puts another $1,200 in benefits in your pocket.
Other great benefits of becoming a travel nurse include bonuses. Bonuses are usually paid at the time a travel nurse signs on with a recruitment agency as well as when they refer others to sign on with the agency. The initial bonus for signing up with a recruitment agency varies but can be as great as $5,000 or more. Referral bonuses vary but are usually around $500 per referral. So if you have a load of friends or colleagues that are looking for jobs as well you can easily pocket some serious cash referring them to travel nurse recruitment agencies as well.
So, all in all, with the $80,000 to $90,000 salary plus all of the great benefits you receive as a travel nurse your total pay per year will fall somewhere between $100,000 to $110,000. That is a six figure income just for working as a travel nurse. Anyone will tell you that that is an incredible salary for a nurse of any type ( another high paid nurse is the legal nurse consultant, which according to FindLNC.com‘s legal nurse consultant salary page , can demand $100 to $150 an hour) . And, as mentioned, travel nurse positions are in high demand due to hospitals being in dire need of extra hands. There are hundreds, if not thousands, of hospitals around the United States that are struggling due to low number of staff and they work hand in hand with recruitment agencies to find travel nurses to fill the gaps.