Is Making 6 Figure Income all that MATTERS? | NP Salary + NP contract advice for New NP Fromcnatonp
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- Опубликовано: 12 сен 2024
- Today's video is all about my NP salary how much I was making and my thoughts on making 6 figures and does that look like. Hope you enjoy. Don't for get to like comment and subscribe. #iquitmy6figurejob #thegreatresignation #nursepractitionersalary
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As a RN, I have never chased a dollar because money come, money go and I value my peace at mind over money. I have taken a position making $4 less for peace at mind, it was worth it.
Definitely peace of mind is a must! that is why I just had to let it go
Same here. Peace of mind and less stress is paramount.
As someone that has left several 6 figure jobs money is not all that matters. I need my 401K matched, benefits, and peace of mind.
It would be nice if NP schools would teach students on what to look for in a contract and what to negotiate for. I will be graduating with my Psychiatric Mental Health Nurse Practitioner degree this May and had received a contract to work for a private practice clinic once I graduate. I was so happy to get the offer but at first I wasn’t sure what I should look for in the contract. Thank goodness everything turned out fine and I’m excited to start working as a NP soon.
Congratulations and best wishes to you! Happy it worked out!
How has it been? :O
My first interview was like $85K salary...UHMMM NOOO!!!! I made that as an RN
Girl that is why I said they are truly playing us out here! This is what the market is though and I really think it should change for both nurses and NPs
Exactly
Great advise. I am an RN in a nursing home. They pay $50 an hr, pretty good but they're always short on nurses. I agree with you that they don't pay nurses enough. The census in my unit is 48 patients. So, technically I get paid $1.00 and change per hour/patient. The pay is not enough for all the suffering.
Exactly right
Ouch. 48 patients to one nurse. Is that even legal?
Exactly!
48 is a lot .I will not do it for 100/ hr.
The older we get the more we think about and consider. Retirement, benefits and the like are usually not as important in your 20s because you're simply trying to land that job to make that 6 figure income. But when them 30s and 40s start creeping up we realize that 6 figures alone ain't it! Having a 401k match, pension, 5 weeks PTO/yr, 2 weeks/yr sick leave, a multitude of health insurance to choose from, and yearly pay increases are some of the BEST benefits working for the government. I know we always hear negative things about the VA but listen there's a reason why people never leave once they get in and I love it. Nursing at the VA is nothing compared to my previous jobs, I have half the work, I make more, and have the benefits are unmatched!
I appreciate everything you’ve said in this video. As a AGPCNP now with 5 years of experience working at the same practice out of school, my perspective has changed in regards to just salary alone. Advocate for as high of a starting base salary as you can (especially if a new grad), but include percentage or specified dollar amount raises over time in your contract and scheduled performance reviews. If you have experience and can demand a higher starting salary, that’s ideal. I agree, benefits/perks are paramount. This should include health, dental, vision insurance, short and long term disability, life insurance (typically one years salary), 401k (match/profit sharing), CME (at least 3 days, should be a full week and $2500/year with reimbursement for additional certifications pertaining to your position), coverage of licensure renewals/certification renewal, etc. Some of these items can be off set by a higher base salary, but make sure you are calculating the overall cost to you over one year to see if this makes sense. Other things to consider are your general hours, call requirements, required weekends/holidays, allotted PTO/sick time. Now that I have a family, my priorities have changed. Best of luck in your job hunt- keep us updated!
Yes! Totally agree with you! Thanks for watching
How would you negotiate and advocate for high base pay though as a new grad?
@@xuanle7242just starting nursing process a bit late but everyone I have met says they have multiple offers and compare/ barter. This is what Family practice offered me.
I APPRECIATE YOU SO MUCH! I'm a first generation American and I have the same mindset. 6 figure salary is the goal. I'm also wanting to go to NP. I also want to be satisfied. I love my job as a nurse but some days I'm soo done. Your honesty is so refreshing. It's like I'm talking with a friend.
You are so welcome! I totally understand the feeling. All the the best to you!
Calling people greedy for making a reasonable salary, especially for very difficult and important work, is wild. People who have more money than they could ever spend and still seek more, that's greedy. Making a comfortable living wage is not. And money only matters to a point. Mental and physical health are important. Always appreciate that you are honest and straightforward.
Your openness and honesty is always refreshing.
Thanks so much for watching! I am sharing what I would want someone to share with me and that is why I share my perspective
Yes to this entire video! There needs to be classes in NP around salaries, contract negotiations, etc. I graduated as an AGNP in 2015. Also it would be great if we as NPs were more forthcoming with our students and colleagues about salaries and benefits. You don't know what you don't know. As a new grad, it helps to know what others are making so you're being reasonable with salary requests/expectations. Definitely ask for paid time off and/or expenses covered for Continuing education, a work schedule that fits your family life e.g. maybe 10a-6p works better or 4 ten hour days, admin time to allow you to review charts and call patients, and covering license and DEA renewals (DEA is now $888!).
This was helpful. I’ll be done AGNP in May. Thank you.
they’ve brainwashed nurses into believing that nurses is noble career that shouldn’t be done for money. But they rake in the profits while nurses suffer.
I totally agree. Nurses/Np do not get paid enough. I am currently a staff nurse and wondering what is next for me because the pay is not giving what it needs to give. And I find it ridiculous that the only way to see some form of compensation in our pay is to do travel nursing.
Do travel nursing for sure. They do take local even though people try to scare you and say they don't. Travel nursing shows that hospitals really can pay nurses a proper salary, but they won't until all the staff nurses leave and they get desperate.
Travel nursing pays. Every nurse should become independent contractors, buy their own insurance, invest their money, and stop believing the lies of these hospitals that says, we need them to survive
The same thing happens in Maryland as well. My first job in 2019 started with a salary of 90k. And it didn’t have the option of getting anymore per pt if you saw more. I did have 2 weeks vacation and 500 per year for CME. Health insurance was so expensive through them it was cheaper to purchase my own plan. This was a M-F 8hrs a day job. But I never would be done my charts until 8pm on average some nights until 11 depending on how many patients we had. This was a pediatric primary care office. I barely ever had a medical assistant so I was doing that part of the job as well which is a lot with children due to all the vaccines etc. I left after 1 year only I wasn’t gonna keep doing that to myself. Good thing is in Maryland you can have your own practice. I’m looking into that right now bc it makes more sense. We make these practices so much money and are not compensated enough for it. I’m now at an urgent care that has obviously been hit hard bc of everything going on right now. We went from seeing 25-35 pts per day to on average 60s but as high as 100. This is with one provider at the center alone typically. Here and there it’s 2 providers. We got 1 bonus due to high census 4 months ago that was 1000$ and a holiday bonus of 2000$. Benefits through them are expensive as well so it’s cheaper to buy on your own. And again only 2 weeks PTO. The benefits are better working for a big company in my area but the pay is significantly less. Big hospitals like Hopkins and Univ of MD are starting NP’s at 80-95k as new grads when you can even get in which is close to impossible to do. 100k is only reserved if you have experience but if you make that amount the benefits are not as good with “smaller” companies. It’s crazy.
Agreed! I'm starting to wonder if the lack of discussion pertaining to salaries, negotiating contracts etc is by design. I'm not saying that NP programs are morally complicit, but the NP instructors with many years of experience should be advocating to have contracts/salary negotiation education included in the curriculum- not even a full semester, just 1 or 2 lectures would be meaningful. Almost everyone in health-care is overworked and underpaid. It gives me hope that more APRNs are becoming more vocal about this topic as well as the havoc it's wreaking on our health. Becoming more transparent with each other is one way to combat these issues along with participating in our local nursing organizations. We keep hearing so much about over saturation, and difficulty finding jobs after graduation that many of us are just grateful to be hired, more so if in a specialty we feel drawn to, that we're reluctant to speak up when it's time to renegotiate our contracts. I'm hoping that I can help other NP's avoid the mistakes I've made, and know their worth. And no, there's nothing wrong with wanting to be well compensated with decent benefits, and boundaries that allow us to have work-life balance.
It’s always a pleasure to hear from you Laurie you stick to the reality of things. I have had this conversation with many NP’s and they feel the same way you do and quite frankly I came across a few miserable ones, again it seems to me that NP’s are being taken advantage of just like everyone else across the field (CNA’S are still making $10/hr in FL caring for 15 pt’s 😳, LPN’s can barely make $20/hr, new grad RN’s start $22-$ 23/hr) and the cost of leaving is no longer as low as it use to be and YESSSSS so are travel nurses. I have been doing it since the pandemic the only easy assignment have had was vaccination, hospitals give us THE WORSE assignment girl I can’t even begin to explain just because of the salary, in general the attitude is your gonna get that “NP money/ travel salary” but they will run you to the ground it’s frustrating no matter where we are, idk what the solution is at this point honestly, do I make any sense?!?!🤷🏽♀️ ( Keep the faith my sister God is able)
Jen that salary is ridiculous! $22-23! no way! I feel you with the travel nurse thing. Thanks for watching. One 💚
Money doesn’t come for free. I would rather have less stress with benefit and job security over travel nursing.
I just want to say you are very inspirational to me. Watching someone who looks like me in a position that I aspire to be in is so motivating. I am an LPN and I have reached a point in my career where I can no longer care about money. I just want to be at peace and happy so if that means taking a pay cut then I am okay with that. The mindset of chasing the bag left me stressed out and feeling exhausted. I would work jobs that paid well but had NO BENEFITS. None. I have learned the importance of benefits and I will get that high paying job with benefits in due time. I say all this to say I resonated with this topic.
Good feh yuh! I recently quit my job working in a nursing home as a HIM Director for 5yrs. Meh get exactly where yuh ah come from. Working in a nursing home is soooo stressful. After the executive director, who hired me & I loved working w/, retired the place started to go downhill. Like you, I stayed the additional 2 years because I was loyal. Now, I am in a much happier head space. Kudos to doing what was best for you.
Thanks so much! I am glad you were able to move away from that as well!
By faith! These NP offers sometimes seek like an insult. Many RN’s earn just as much or more even without the Pandemic. I look forward to your journey of faith.
Definitely! Thanks for watching
I know it's been some time since you have posted this video, but I had to take the time and say THANK YOU SO MUCH for this video!! Actually thank you for taking the time, in the midst of all you had going on, to create and post these videos about the NP experience. I have been working as an NP for 3 yrs now and I feel so burnt out!! I don't know what is next for me but it is good to hear advice from a fellow NP. Thanks again.
Great advice Laurie! I chuckled every time you had to take a sip 😂. We all need do what work for us and "know our worth." Good job, you're on the right track! And yes, when you have FAITH...whew child..He definitely got your back 😉#GOODSTUFF
Thanks 😊! Yes Faith over everything
Thank you for this ! I’m also a new NP and despite multiple offers waited an entire year for the job that worked for me - I even started in cardiology which was like you said. Not worth my stress with 3 little kids - you’re going to do great - manifesting the best job and happiness your way!
Thanks for sharing!! Thanks you so much for your kind words
My first job was Kmart as well girl lmao. Now a new grad NICU resident 💕 I don’t think you’re asking for too much at ALL. Given thatI live in Oregon, and pay is pretty high…. It wouldn’t mean squat to me if I didn’t have BASIC benefits. Like you stated, this is a career. I honestly feel like nurses need to keep demanding more. With time I think we could honestly start seeing pay closer to that of an MD. Specifically NPs who are at times literally doing the same job!
Super Kmart was my first job at 17 when I moved to the US. I actually liked it my co workers were so nice to me. Yes basic benefits should be a must. Thanks for watching
Here in CA, FNP make the same as pediatricians which includes full medical/dental/vision/pension etc… so, in some areas of the US they do. Additionally, NP’s in California are unionized (strength in number). We just solidified new rules to our contracts that if some hospitals post a job for PA’s they must also post the same available position for NP 😉.
@@And...ow3ch Is FNP worth it in California if it pays the same? I'm in nursing school right now and I'm not sure if it's worth it for me in the future since where I am in northern California the pay is about the same. I know in southern California the pay boost is worth it more. I might do anyway just because I'm curious to learn the knowledge in a provider role though. I would only do FNP and not another specialty though because I want full range with adults and pediatrics.
@@theshinythings123 FNP is worth it to me because of the advanced knowledge & practice. FNP is something I’ve wanted to become since undergrad many years ago. It’s important to consider your motivation when considering if FNP is worth it. As far as pay is concerned, I hear from many nurses that they would make the same at the bedside as an NP but, I haven’t seen that. I live in NorCal too & idk any bedside nurse making $180,000 w/o working 120 hrs per pay period. There are other factors to consider as well such as where you work. An FNP working for Kaiser is going to make more than an FNP working at UC or Sutter.
Girl thank you! I’ve been binge watching your videos..I’m currently looking for a Psych NP job and like you I’ve grown tired and just wanna take the first thing that says yes. This video was helpful I love how authentic you are.. keep doing what you’re doing.
I agree. 6 figures is not everything. I have been making that for last 6 years. Now I want to have quality of life. I became a travel MT 3 years ago. It gives me flexibility, freedom and opportunity to travel. I work 3 x12 per week and have 4 days to myself. I mostly always in rural towns that are not busy so I don't do much work. It's great!!! And I agree, make sure you negotiate your contract well.
Thank you for posting this! I think it’s so important for new NPs to really consider all of these things including medical benefits, # of patients/ per day, etc. sometimes we get so hype to have the job opportunity we forget about the specifics.
Most definitely need to consider everything that comes with the job! Thanks for watching
Truly understand what you’re saying for the work they want NP’s to do everything. After i finished clinical i was like do i really want do this😩
Your honesty is so greatly appreciated...I am starting NP Geriatric Primary in 2 months and appreciate your insight. Please continue to help by sharing your experiences.
Thank you so much for this. I am in NP school and have no idea what to do when I’m done and nervous about getting a job as a new NP.
Best wishes to you! I hope some of these videos will help the new NP coming along to know what is out there!
Agreed! Money isn’t everything. I do think that all NP should be over 6 figures. I just finished my FNP and doing travel nursing and not even sure that I will take a job as an Np. I’m interviewing now and no numbers have been discussed but if not right I WILL continue traveling.
Unfortunately a lot of NPs feel this way! All the best to you
Wow, this is refreshing to hear because my situation is very similar to yours and I had to quit my job as new NP. Lasted only 9 mos , went back to bedside RN. Still looking for NP position
Laurie Ann out here dropping PEARLS!
I try! Thanks for watching! One 💚
As I embark upon this journey of becoming an NP, I have learned so much I listening to your channel. Yes I certainly agree with you that it is not just about making six figures or a specific dollar amount but what else comes with the package. Love the info about making sure you have certain medical and 401(k) benefits, the expected amount of patients to see daily or monthly, and also the piece about continuing education credits included in your package.
Love how candid you are! I graduate in December and really appreciate you sharing your experiences and tips.
Thanks for watching and best wishes to you!
You’re so down to earth . You’ve inspired me so much over the years . I’ve been an Np now for 1 year and you really helped me along this tedious journey . God bless you and yours and May all your dreams come true 🙏🏼 (your Jamaican accent switch up is everything 😊)
Thanks so much! Congratulations to you
I worked as an NP for 14 years. This is solid advice
Thanks for watching
I'm so glad I bumped into your channel.
I love it. It's pure therapy!! 😊
Blessings!!
Awww thanks so much! One 💚
Very solid advice. Sometimes the money is not worth your mental state or peace of mind.
Love everything you said! I can totally identify with many points you stated. Nurse practitioners don’t get paid enough. It baffles me that many travel nurses get paid more than nurse practitioner.
It really does and I have said before that why these hospital don't just increase staff nurses regular pay to a more decent wage. Thanks for watching.
Travel nurses get paid more than doctors. I know NP school is hard nights of anxiety and stress but I’m sure medical school is more. I know doctors that make 150-180k with no 401k. So I don’t know but some
Nursing contracts sound good to me.
It depends on what number that 6 figure starts with. There's a huge difference between 100,000 and 900,000!😎(Kmart was my first job too)
Kmart was my first job too. They put me in infant wear, so it was also the first job I got fired from!
I’ve just found your channel. I haven’t laughed so hard at a YT video in quite a while. You are marvelous. You are correct. Money is not everything but good luck building a life and security for yourself and your family without it. I think some of your viewers misunderstood you or your motives. It is clear to me that you did not become an NP to make 6 figures. Your nursing career is just that. A professional career. We take years to educate ourselves, hone our craft to become the best we can in our profession. We are compensated with money and benefits. Suffice it to say, you did not further your education and career to make less money and benefits. Correct? Unfortunately, I think there is inherent bias in some people’s perception of women and their motives for seeking career advancement. It’s disappointing to see how others want to comment on what you, an educated, highly skilled adult woman, are supposed to want or not want. I could be wrong but if you were male, I don’t think you would have had those same comments. I had no intention of writing such a lengthy comment. I thank you for sharing your story. Please keep it up.
So I am a NP and I feel your frustration. I do work before work and after work. My first job I was paid85000 with benefits. That is gross.
Definitely think the money need to be more for what we bring to the table
I’ve been saying this the nursing salary needs to increase ! We go through way too much for this pay.
It sure need some work!
Awesome solid advice Laurie! Thanks for sharing ✨
You are welcome! Thanks for watching
You are right Laurie! Thanks for sharing
Thank you Nicola!
I’m so proud of you… you look refreshed and at peace… look forward to watching you on the next journey
Tell truth Laurie. It makes me second guess if I should go back to the bedside because the lack of benefits, retirement plans etc is definitely no job security.
I love watching your candid videos!!! I’m an RN and one class left for my BSN!!
Thank you? Thank you, thank you!!!! As an np who works in a long term care facility I am where you were. Crazy thing is I feel so limited and like you said it’s my livelihood. So many days I feel alone and stuck. So happy to have come across your page. You def have a new subscriber!! This info helped me as an np who’s been doing this since 2016!
PREACH!!!!!
I'm totally in the same position.
This video was everything!
#KNOWYOURWORTH💯💯
love the #knowyourworth! Thanks for watching
Thank you for your insights !!! New NP here! I love your channel. I'm in Michigan as well.
Awesome! Thank you!
Laurie big up yuhself!
Bless up! Thanks for watching
I’m not even in nurse practitioner school yet, but I see this trend of nurse practitioners having to hold out because they’re being low ball or they’re waiting on an ideal job position. It seems like with nursing we’re always have to fight. Do you think having ICU experience is helping you as a NP? I want to be a cardiology NP, but I’ve only gotten progressive care experience
I agree … I’m a bedside Nurse…and I just CANNOT anymore. Right now I would go work in a environment with less stress and I will tek the pay cut!! Cuz Mi tyaaaad!!!!!
I love when the Jamaican accent pops in!!
God bless I’m proud of you for being so brave. Thank you for sharing your experience
I'm not a Nurse but I have a Public Health degree and feel as though Nurses are due for a increase in income. Especially in Michigan where I reside as well. It's okay to leave any job because we work at will in Michigan and believe me they will replace you like it's nothing.
So happy for you! Bigger and better ahead
Thanks so much!
Thank you for the advice. Last semester of NP school and we will be talking about that in my seminar class.
wow that is nice glad to hear that you will be discussing this in class. I would love to hear what the talk was like. All the best to you
Wow great advice!
Thanks for watching
Every thing you said is to the point and Covid doesn't help.
Thanks for watching
@@fromcnatonp You are welcome Sister.
Such a great video 👍🏾👏🏾🤗
Thanks 😊 so much
Thank you Lori straight forward information,prayers for a great job
Thanks for watching
Ur doc pocketed ur 401k, insurance, etc. That'd be a big fat NO & move on! And should you need a break check out Allegiant Airlines- Flint to Punta Gorda
Waiting 🍿
Thanks 😊
Watch real grown okkkaaayyy my sister grown grown ❤️❤️😂😂😂😂
You fix your thing now so you can comment again! A who help you 🤣🤣🤣
Facts. I don't feel like it's not worth it for me to go back for my graduate has an NP due to time, benefits, salary, loan pay back and stress.
Hey girl I’m a NP in Michigan too
Hey girl hey!
Awesome tips!!! Thanks for sharing!!!
Thanks for watching!
Newbie here ty for the video Im from toledo oh and yes i have seen my fair share its just sad the things i seen the thing i hate is that when you speak up it makes things worst the pay is not all that to deal with some of the things you see to me money is nothing if your not happy ty again for the video
Thanks so much for watching! The money is definitely not all that you got that right for what we encounter
I cried when you said in your last video when you said nurse cna y'all know what we go thru I sure do and I'm only a DSP but from seeing sexual abuse physical abuse I'm just like oh my word and most my jobs were in temperance Michigan so yessss love keep the videos coming you made me think about so much
Thank you for sharing these gems 💓💓💓💓
Thanks so much!
I have learned as a medical administrator 6 figures face value does not matter because you don’t know what’s coming with that. People don’t make that your focus. Learn about what it entails research and ask questions in the interview. NPs get dumped on to do the majority of the work. If you know then you know. The nasty nurses and NP are getting enough maybe to much. Those who truly care and work hard taking the company and patient abuse, harassment, etc. deserve more money. It can kill your passion hint the shortage.
it matters, I live in Maryland. I believe in doing my best and truly care for people, I have a goal in life that I can leave some financial help to my grand-babies also live debit free , really want more of a income at least 150,000 with all the benefits, but my Career I still want passion to be there and want to take at least 2 nice vacation with husband and family and retirement money saved , we have to really take care of our mental and physical! also the cost and living in Maryland it's expensive , I have faith God says take care of his people and he will take care of you ,,,My lord and savior will give me strength, thank you Jesus!!
I wish you went live ! I love your truth and realness . Also I have really research I decided to pursue PA position
Nurses aren’t greedy people. Things are whetting more expensive. And you might as well, travel while you can so you can pay off debt and find a property to own. No one wants to be saddled with debt forever.
Thanks for your honest opinion...
Thanks for watching
I wouldn't accept added responsibility without additional compensation but it is not my why. Would urgent care typically give contracts or a typical W2 job package?
I believe people should become NP because they really want to be, and not for higher income and status upgrade. Yes, you may earn higher income but it doesn’t come for free, and if you think about how NP job was started basically you are doing physician’s job for less pay with greater liability. I don’t think most NP school teach students enough to be prepared as a provider.
So you’re saying investing time, money, stress, and time away from family and friends, for a graduate degree shouldn’t mean an increase in pay? The amount of liability that comes from being a provider constitutes the increase in pay
Nursing can be very difficult in a hospital, clinician or traveling, to name a few. It is difficult working in a field with sick people.
I now get paid nursing career included in my experience towards my np experience.
Happy it is working out
Would you have done CRNA if you could go back?
oh my!! No Benefits, that does not sound like a great deal. Health Benefits can be rather costly when one is covering their family.
I think peace of mind is everything.
Agree
Do you have a video on negotiating salary you can link?
I had one private physician trying to pay me $50 an hour, no benefits, trying to my me work by verbal contract. Girl I kept my ass moving.
Did you have a collaborative agreement with your physician at your 1st job? Thanks
To me, it is helping people that is important but with the amount of education we need to be NP then the pay is 1. deserved and 2. needed to pay off the loans
Lol let that sink in love it.
Thanks for watching
95,000 with zero benefits is a contract. So about 20-30 percent of that will go to buying your own healthcare.
They say nursing is the only career that doesn't give a retirement.
I don't see any male nurses answering the question. I agree that peace of mind is important but why can't we have peace of mind and still get 6 figures.
Because a higher salary means more stress responsibility and liability. You can’t get more money and have less stress.
You get taxed a lot with 100k a year
Private Practice
Yes!
NO BADDA MI!! LOLOL
LOVE IT. THANKS for all the advice, peace of mind and my mental health matters. 🇯🇲 nurse Rn too . We got you girl! Faith all the way!
Love the patois 😂😂 No need to translate 😉 🇧🇸
Thanks 😊
Some physicians are barely making 6 figures and yet yall sit over here complaining. It has to make sense. Because the level of training as an NP isn't where it needs to be. Smh.
If a physician is not making 6 figures there would be no need to hire a NP! The physicians that hire NPs know the value of bringing a NP onboard, it brings in more income to their practice. To say some physicians barely make 6 figures really have nothing to do with this argument because if they are not making 6 figures their practice cannot afford to bring on additional providers. Now the NP training I do agree needs improvement.
@@fromcnatonp what he is trying to say, regardless of the practice your working for, is that for a master degree and half the student debt the wages and benefits is not bad. NP think they get low wages but so do FM physicians.
How does a physician wage correlate with a practice having NP. It actually makes sense. If the physician is getting paid less then the NP will get paid even less.