Have you ever wondered how your salary compares to someone of a different ethnicity who has the same level of education and experience as you? How do salaries of nurses living in the West compare to those in the Northeast? While there is a range in how much nurses earn, nurses reported making more money this year than they earned five years ago. Respondents to the first annual Minority Nurse salary survey reported an overall current median salary of $67,000 and said they had a median salary of $60,000 five years ago. Further, many, though not all, employers also offer benefits, most commonly health insurance and a retirement plan.
Breaking the data down reveals some key differences in salary levels.
Median salary also varied by ethnic background. People of white/non-Hispanic backgrounds earned a median $71,119, followed by people of Asian descent making a median $64,000 and African Americans reporting a median $60,500. Hispanic or Latino/Latina nurses reported a median salary of $58,000 and Native American nurses earned a median salary of $60,000. Additionally, people who identified as multiracial reported earning $50,000, as the median.
Education also affected salaries as respondents with higher levels of education reported earning more in income. For instance, nurses with a bachelor's level degree commanded a median salary of $65,000, while nurses with a master's level degree said they earned a median salary of $70,000.
In addition, nurses with an advanced practice nursing specialization reported a median salary of $84,000. However, nurses with a medical-surgical specialization said they made a median salary of $55,000.
The good news, nearly all respondents reported earning more than they did just five years ago.
Highlights
23.2% of respondents have a PhD or other doctoral-level degree
43.7% work at a college or university
50.0% have been at their current job for five years or longer
63.2% received a raise within the last year
54.3% left prior job to pursue a better opportunity
45.2% do not expect a raise this year
49.1% are looking to leave their current job in coming years
Five Most Common Specialties
Critical care (NICU, PICU, SICU, MICU)
Certified Nurse Educator
Medical-surgical
Advanced practice nursing
Psychiatric/mental health
Highest Paid by Employer Type
Private hospital
Private practice
University or college
Public hospital
Walk-in clinic
Most Common Benefits Provided
Health insurance...
Read More
http://www.minoritynurse.com/article/1st-a...
Posted By: Jen Fad
Wednesday, May 15th 2013 at 10:26AM
You can also
click
here to view all posts by this author...
