Job opportunities for Registered Nurses (RNs) appear to be excellent. The Bureau of Labor Statistics projects that the demand for RNs will grow faster than the average for many occupations in the coming years. These jobs offer competitive wages and generous benefits
Registered nurses' salaries vary with the setting in which they work. Many RNs work in hospitals, home health care services, physicians' offices and nursing care centers.
The Bureau of Labor Statistics reports that in 2006 Registered Nurses had median annual earnings of $57,280. The lowest 10 percent earned about $40,000 a year, while the highest 10 percent earned more than $83,000 a year.
BLS reports that in 2006, Registered Nurses in hospitals had a median annual salary of more than $58,000, while those in nursing care centers and doctors' offices had median annual salaries of $52,490 and $53,800, respectively.
Some studies of compensation for Registered Nurses suggest that their salaries result from a combination of higher hourly wages and longer working hours than other health care occupations.
Benefits for Registered Nurses include medical, dental, and vision care; pension benefits; vacation; and paid holidays. In addition, many employers pay 100 percent of continuing education expenses. Some hospitals offer some free lab work each year as an additional benefit.
Advantages & Disadvantages of Being a Registered Nurse
Being a registered nurse can present a number of opportunities for great pay, flexible scheduling, generous benefits, and travel opportunities. With all...
Nurse Retirement Benefits
Nurses directly care for patients. A patient may be suffering from chronic or sudden illness. Nurses help in such tasks as assisting...
- Nurse Fringe Benefits
What Benefits Do Registered Nurses Receive?
As full-time employees, nurses are eligible for a variety of benefits that, when broken down into monetary value, can make a substantial...