How to Earn More as a Nurse: Tips to Boost Your Income

Last Updated on August 18, 2023 by

Nurses are, without a doubt, among the most influential people in medicine. They are responsible for caring for patients, monitoring their health, and providing treatments. They often work long hours under challenging conditions.

It’s no wonder that qualified and experienced nurses are in high demand and get good salaries. However, many people consider nursing a low-paying job, which can be frustrating for nurses who dedicate their lives to helping others.

If you want to make more money as a nurse, here are some ideas.

P.s. We hope you don’t quit nursing because of this blog post. Nursing is noble and vital work that deserves respect – these tips will help struggling nurses make the most of their skill set in an increasingly competitive job market.

The Types of Nurses:

There are several types of nurses, each with its area of expertise.

Registered Nurse:
The most common type of nurse is the registered nurse (RN), who has completed an accredited nursing program and passed a national licensing exam. RNs can work in various settings, including hospitals, clinics, schools, and home health care.

Bachelor’s Degree in Nursing:

BSN nurses are RNs who have a bachelor’s degree in nursing. They may be more likely to find higher-paying jobs and advance their careers more quickly than those with an associate’s degree.

For confused students, finding answers to common questions about earning your RN to BSN online will clear your doubts and help you get started in your preferred nursing program.

Nurse Practitioners:

NPs are nurses with advanced degrees and clinical experience. They can provide many of the same services as physicians, including prescribing medications and diagnosing illnesses.

NPs often work in clinics or hospitals, but some choose to open their practices.

Another type of nurse is the licensed practical nurse (LPN), who has completed a one-year nursing program and passed a licensure exam. LPNs usually work in hospitals or long-term care facilities.

Advanced Practice Registered Nurse:

The last commonly recognized nurse is the advanced practice registered nurse (APRN), who has a master’s degree or higher in nursing and holds additional certification in a specific area of practice.

APRNs may work in various settings, including clinics, hospitals, and schools.

Specialized Nurses:

There are also several specialized nurses, such as pediatric nurses, critical care nurses, and neonatal nurses. Each has undergone additional training and certification to care for patients specifically within this group or area of expertise.

Ways Nurses Can Increase Their Earnings:

Acquire a BSN Degree:

A Bachelor of Science in Nursing (BSN) degree can open up many opportunities for nurses, including advancement to an APRN position. Nurses with a BSN earn on average $5,000 more per year than those without one.

According to a recent American Association of Colleges of Nursing survey, 79 percent of RN employers want nurses with a bachelor’s degree in nursing (BSN) as entry-level workers.

BSN-prepared nurses also appear to have more excellent career advancement prospects.

Nurses’ salaries are rising, and many hospitals offer tuition assistance or student loan repayment based on their employment commitment.

Today’s conventional and online BSN programs meet working adults’ professional and personal requirements.

Get an Advanced Degree:

One way to ensure you’re always in demand and can demand a higher salary is to get an advanced degree.

A Master of Science in Nursing (MSN) or Doctor of Nursing Practice (DNP) will make you a more marketable nurse and qualify you for management or teaching positions.

Become certified:

Another way to increase your earning potential as a nurse is to be certified in your specialty area. The credential shows that you have the abilities and knowledge to deliver high-quality care in your specialty.

Nurses who are approved may earn bonuses or raises from their employers.

Network With Colleagues:

One of the best ways to find better opportunities and higher-paying jobs is to network with colleagues. When nurses collaborate and share information, they can learn about new job openings and salary negotiation tips.

Look for Opportunities Outside of Nursing:

Nurses looking to boost their income can explore opportunities outside of the nursing profession. Several fields offer similar skill sets and pay rates to nurses. Examples include medical coding and billing, laboratory science, or health information management.

Become a Travel Nurse:

Travel nurses are well-paid, highly skilled healthcare professionals who work as nomads throughout the United States.

They may temporarily make competitive salaries while traveling and working in various locations. Travel nursing agencies cover most of their costs, so travelers can earn a great living while traveling throughout the nation.

Ask your nursing recruiter to link you to the highest-paying duties if making more money as a nurse is one of your top priorities. Also, if ever you’re specifically looking for a place you can always check something like travel RN assignments arizona.

Consider Per Diem Shifts:

Per diem nurses are nurses who work on an as-needed basis. They can pick up shifts at the hospital when they’re available, allowing them to earn more money than nurses who have traditional full-time or part-time jobs.

Start Your Own Nursing Business:

Nurses with entrepreneurial spirits can start their nursing businesses. It could involve creating a home health care business, providing consulting services to other nurses, or becoming a nurse educator.

There are many ways for nurses to use their skills and knowledge to start their businesses, and these ventures can be very lucrative.

Start a Blog or Take Up Freelance Health Care Writing:

Many nurses are also writers, and there are many opportunities to write about health care topics. Nurses can start their blogs or take on freelance writing assignments.

It is a fantastic method to share your knowledge and expertise with others, and it can be pretty profitable.

Look into Telehealth Nursing:

Another great way to make more money as a nurse is by telehealth. It is a growing field that allows nurses to work from home and care for patients online.

It’s a perfect opportunity for nurses who want to have more flexibility in their work schedule, and it can be very fruitful.

Become an Expert Consultant:

Nurses are some of the most knowledgeable professionals in health care. Many organizations are looking for consultants to help them with various projects or problems.

If you have experience and expertise in a specific area, consider becoming a consultant. You could charge high rates for your services, which could be a very profitable venture.

The Gist:

There are many ways for nurses to boost their income. Nurses can find the best way to maximize their earning potential by exploring various opportunities.

The nursing profession is demanding, but it also offers many rewarding opportunities. With proper planning and hard work, nurses can enjoy a successful career while earning a good wage. Thank you for reading; we hope you learned something from this piece.

Read More: The Ultimate Guide on How to Become a Nurse