RN for for 20 yrs in New York, I make 60.35/hr, one OT a week, preceptorship, and occasional charge nurse duties gives me over 50k extra after taxes a yr. No, thank you for retention bonus, as you said, there’s always a catch to it. NOTHING is free in the healthcare industry
what is OT? also wow... we know salary for all careers is much higher in the US than in the Netherlands, but... dude... I am an ICU nurse of 20 years and make 30 euro an hour 🤣 (day hours, evenings and nights are 40-50). Most work 3 days a week, the shifts are 8 hours, I studied for 4 years + 1,5 years.
@@agathahofmann6977 OT is over time, any time you work over 37.5 a week, you get paid time and half your rate. Same with working over 12 hrs per shift. Fyi, cost of living is higher in NY than some states
@@agathahofmann6977 OT is over time, any time you work over 37.5 a week, you get paid time and half your rate. Same with working over 12 hrs per shift. Fyi, cost of living is higher in NY than some states
I had this experience with a coworker who was a CNA at the time and was about to attend Nursing school. Management was encouraging her to accept the offer of letting the hospital where we worked to pay for her tuition in exchange for a 3-year commitment. I encouraged her not to because she could change her mind later on. It's just wasn't worth it. She did accept the advice.
You are so right Kendra! Pre-pandemic I work at an organization with a sign on bonus of $10k over 2 years. They paid out every 6 months. I was so disappointed in that check. They took half in taxes and explained to me that BONUSES ARE TAXED AT A HIGHER RATE 🗣🗣🗣🗣
Yup you will NEVER see that whole bonus, and if they leave TRUST they're gonna want the WHOLE amount back! Even if you never saw it, and it was taken out in taxes. Decline the bonus, & if they say this is a part of the position, then leave.
Come through breakdown. I stop being a FT bedside nurse after 2 years. Only worked per diem or prn which paid higher. Now as an NP I can't imagine going back to 12 hour shifts.
Thank you for the breakdown! And I completely agree with you. Time cannot be replaced for $$- for me I like the freedom of doing prn and switching organizations whenever. I’m not loyal to anyone lol 😆
Thank you so much for breaking down the $30,000 retention bonus! So many nurses I talked to gawking about that Healthcare organization offering that high retention bonus and running towards it, leaving their current gig, I said no thanks! I've worked at three of their institutions in some capacity and the money is not worth it because they will WORK you. And that's before covid and the extra nursing shortage! Neuro and IMC had such a high turnover of all staff, including management, at their main institution, but that place do have my heart. Met some of the best nurses there, including you Kendra! Nursing like never before and never again! I can't bring myself to go back even though I've thought of it. It's just not worth it at this time in my life for several reasons. Plus, if you do the math, you can make close to that if you work an additional shift each week without the commitment. Also, benefits may costs more as well compared to other institutions, if you need them. But, those nurses who took the bonus really think they were doing something.
Once I became a nurse I had to sign a 2 year contract (as a New Grad). I loved the work environment but, I vowed to NEVER sign a contract for Full Time Status again. *Math was broken down precisely 👍🏾👍🏾👍🏾😊😊😊
Thank you for breaking the bonus down. It is downright deceptive in my opinion. I am not a nurse but worked in healthcare during pandemic (did not get a penny OT, hazard pay or bonus). Now the healthcare workers are being given $1,500 retention bonus for 6 months of work. When I did the math it came out to $12.50 extra per day for me 😑 NYC is very expensive so this is not attractive to retain good employees in a toxic work space. What good is $1.5K if we are miserable & becoming sick in the process? Keep doing a great job Kendra! 2023 is your year!! Your goals for better health, financial freedom, higher education & overall empowerment are inspiring! 💪🏾
@@shanika1544 Oh wow, seriously? Thank you for sharing 😊 I thought they weren't taxing it. Smh. Some qualified ppl I know didn't even get the bonus or full amount. So sad how they treat healthcare workers who literally risk their lives & licenses on a daily basis. Unions spoke like this was a big success. This is not the way to retain employees 🤦🏾♀️
Pulling a military move lol. Signed up to do a 6yr enlistment instead of a 4yr enlistment for a tiny little 14K bonus. I didn't get the bonus until I was finished with my training. After taxes I only received 10K of it. They got my little 20 yr old behind with that lol.
I LOVE how you broke down the numbers! I worked as an ICU nurse for 20 years and learned exactly how many OT shifts to work to get a benefit without excessive tax burden. No sign on bonuses for me! Keep posting!❤️
I have absolutely no interest in working in the medical field but I really like listening to people explain various things thoroughly. Helps me make sense of the world a bit more. I've subbed. Looking to hear more about the nursing industry!
Thank you so, so much for sharing this video. I actually just left my facility for this reason. These organizations love to entice their nurses with these “bonuses” but it is often not worth it
TY for your contents of navigating the nursing career. Now, I’m a LPN and not skilled as yourself. However your many post video applies to a lot of us as well. So, thank U for your service. I have binged on your channel for approx. 12 hours thus far. Keep them going please! May God continue to bless U in your endeavors to educate us of the the in and outs of the profession.
Another great video Kendra addressing current nursing trends. I was offered a sign on bonus at my now prn job a year ago and kindly said no thank you. In my mid 40s I move with specific intentions and goals with my ability to learn and grow as nurse along with my happiness is priority for me.
Interesting video. One reality I always state, an organization could actually double the wages of Nurses tomorrow. But if that organization continues to treat their Nurses like garbage (which is typical across the board), the Nurses are going to leave anyway. My wife and I have been Nurses for over 25 years each. The facility where she's at, she was treated like garbage to the point where she chose to work in Housekeeping (which is a significant drop in pay) instead of Nursing to get away from a Psychopathic nurse manager. That facility is now in a Nursing shortage. So there's alot more to it than just the money.
Although I'm just completing my 1st semester of perquisites for nursing, this perspective doesn't elude me. I have undergrad degrees in accounting, business and management. I also have a tax business...thank you for sharing light on this fact. #surgicalnursegoal
I think they are trying to discourage travel nurse 😮 the sign up bonus is so tempting to me. I can’t wait to be in the State. You are very intelligent.
My goodness! Thank you for this video ! They are doing that quite a bit and they do not release any of that additional info. I feel the same way as I applied for a position and after doing the math and finding the true intention of the organization, turned and ran.❤
So for an experienced Nurse you are absolutely right 100%. For a New Grad? By all means take it and all the experience u will gain to be able to have choices as an experienced nurse after the 3 years. New grads pre pandemic would never even dream of such opportunities so I would advise them to take this opportunity as it will be well worth it in the long run.
I would agree if the contract was less than 3 years. Some new grads start out, have terrible experiences with bullying, no support, unsafe staffing, etc. Now they took the money, signed the contract and is now stuck dealing with misery. Hospitals aren’t doing anything to ensure the new grad experience is a good one.
Even as a new grad I would definitely think seriously before accepting any sign on bonus. Having to work somewhere that is toxic and not where you enjoy being for 3 years is not worth any amount of money for me!
100% agree with you especially for a new grad and provided its less than 3years. Go get the experience you need within that specific period of time and move somewhere else where you will be happy.
I was offered a 15k retention bonus for a 2yr commitment and i was like, for real? I can make that 15k in 6months if i choose to. Why would i sell my freedom that cheap.
Many hospitals have always offered sign on bonus. When nurses still left the bedside during the 90’s, hospitals heavily recruited from the Philippines and a few from Canada and England. It is better to work as a travel nurse. The bonus just puts one in a higher tax bracket or they can terminate you if you screw up Thanks for confirming that some thing never change
I just left bedside after 1 yr as a new grad because of unsafe staffing, mental burnout etc. Can you imagine me signing that and having to pay that money back plus the thousands of dollars in student loans that I already owe? Please 🙄
Not a Nurse myself. But I am a Paramedic, so I do the 12 hour shift/36hr a week thing as well. I do this all the time. I math everything put myself. We had a situation like this happen for us as well. Paramedics were offered $15,000 as a sign-on bonus, and a few Medics asked me why I wasn't taking the contract deal. Did the same math right in front of them. Taxes and all. After doing the math for them, some skipped it and some took it anyway. I did not. And shortly thereafter, I saw an opportunity to go from $25.00/hr on the road to $30.00/hr in Urgent Care... ... and I took it. But, I couldn't bring anyone along with me because they were stucl in a contract! 🤷🏾♂️ Now I'm working the same hours as them, getting better pay, and a higher OT rate as well. And I still jabe aaaalll of my freedom. 😁
As a new grad, I'd prefer to take that money, gain experience, and, if I end up disliking the company, refund it. I'd rather take the risk than work there for two years and regret not accepting the bonus. Missing out on essentially free money. Plus, I can still earn the bonus and work overtime.
Unfortunately, the bigger the bonus, likely the worse the environment (21 years Nursing here). 3 toxic minutes is a long time, forget 3 years.... One positive, if you can find a good working environment with mentorship and support, then 3 years in one place for a new Nurse can be quite helpful to solidifying that student to practice.
anytime there is a bonus usually means not a good place to work, sometimes if you can suck it up and work around it can work, but majority the labor and staffing is crap
The most important value $ is your base pay - benefits, match. Bonuses are taxed at 40% so that’s $18k net. Nurses, say no to bonuses- yes to unions, compensation n benefits n healthy-safe work environment. Plus they are taking your 403b/401k at gross not net. This is why knowing math 🧮 and economics matters.
What if you don’t want to stay in that facility for 3 years? Or that specialty? You are correct in that there are other opportunities to make more than that pursuing other endeavors such as travel nursing, aesthetic nursing or opening up your own business as a nurse entrepreneur. The sky truly is the limit. So much so that there is very little good reason to get roped into a contract like that.
@KendraRN I'm not an RN but I went to CA to help my mom for about 9 months. I was working from home. My job had to back pay me because I didnt inform them I was working in CA. TBH I had forgot about the daily OT there. I was talking to my manager one day, and me being in CA came up. Lol, I'm glad I didn't get in trouble. The back pay was 🔥 because I put in some hours daily! I reside in TX, so OT starts after 40 hrs 🙄
This is usually how I break things down in my head. The only way I might be tempted, was if I was buying a house or a business opportunity presented itself, and I needed a large lump sum for a down payment or something. But even then…… 3 years is soooooo long.
Just came out of a 3 year contract and I even had to break it. I was so unhappy and counting the days but I couldn't hold no more. The place was too much. Nothing in this world is worth your sanity and peace of mind. I will never sign something like that again.
I love how you broke it down mathematically! That's about the same as how I calculated it. That $30k sign on bonus is not worth it in the grand scheme. The freedom to move to any hospital or facility to work and make overtime is far a far better option. The large sum of money is to entice those who may not realize what they are giving up by doing so. No shame to anyone who chooses to do so.
Can you do a story time on nurses who divert drugs. There are nurses who you clearly see that are under some substance however, try to set other nurses up. Also, it’s certain nurses who does that if you know what I mean!
I like the way you broke it down but everyone was supposed to consider that a big sum of money would have been taken for tax. Even though I'm still in my journey of becoming a nurse 🙃 😅
😂😂😂😂 america 🇺🇸 I respect the country to the core 30 000 u can start imagining a down payment for home etc sure after that knowing they own u it be a lot to deal with u can’t go regardless 😂😂 atleast if they said 1 year contract 3 years is a lot I love u for this very informative and detailed
Some people took it and I’m sure they put it to good use. I don’t blame them, but I just want to get newer nurses thinking about the whole picture of what it actually means to sign that contract.
The average person received 17/18k lump sum after taxes. Now, you're telling me to sign a contract for 3 years in exchange of 6k per year? Please, I can earn 6k extra a year without signing a contract.
The sign on bonus isn't worth it. You have no idea what you're signing on to. The higher the sign on bonus, the worse it is to work there. They make it so you can't leave. If it's a toxic environment and you want to leave in the first year, you need to pay it back whatever they gave you up front. You usually don't get that 30.000 up front. You will get it spread out over time. I always asked, why so much? How are the staffing levels? Nurse patient ratio? Ask a lot of questions. There's usually a catch in there somewhere.
Offering such a large amount makes me suspicious from the start. Why do you have to throw out bait like that? That lets me know they probably suck to work for and they have a high turnover rate for their nurses. I’m about to start applying for jobs. My question is, do new nurses have to pay their dues and sign these contracts as their first jobs assignments?
If a hospital has to intice you with a huge sign on bonus usually means it’s a shitty place to work for.
The money ain't shit if you are being treated like trash.
RN for for 20 yrs in New York, I make 60.35/hr, one OT a week, preceptorship, and occasional charge nurse duties gives me over 50k extra after taxes a yr. No, thank you for retention bonus, as you said, there’s always a catch to it. NOTHING is free in the healthcare industry
I think folks hear the amount and think it’s a good deal, rather than looking at it over the commitment time.
what is OT? also wow... we know salary for all careers is much higher in the US than in the Netherlands, but... dude... I am an ICU nurse of 20 years and make 30 euro an hour 🤣 (day hours, evenings and nights are 40-50). Most work 3 days a week, the shifts are 8 hours, I studied for 4 years + 1,5 years.
@@agathahofmann6977 OT is over time, any time you work over 37.5 a week, you get paid time and half your rate. Same with working over 12 hrs per shift. Fyi, cost of living is higher in NY than some states
@@agathahofmann6977 OT is over time, any time you work over 37.5 a week, you get paid time and half your rate. Same with working over 12 hrs per shift. Fyi, cost of living is higher in NY than some states
I had this experience with a coworker who was a CNA at the time and was about to attend Nursing school. Management was encouraging her to accept the offer of letting the hospital where we worked to pay for her tuition in exchange for a 3-year commitment. I encouraged her not to because she could change her mind later on. It's just wasn't worth it. She did accept the advice.
Thank you for breaking it down... I was about to become a victim. NO way, OT is the way to go... Money up front without commitment
I am with you , lol
#KendraRN is one of the BEST Nurse lectures on YT because she makes it make sense. 👏🏽💯👏🏽💯👏🏽
You’re too kind to me. I am grateful for the love ❤️
Lol 3 years can feel like 30 years😂. I was offered $20,000 for two years I refused it
3 years is a long time in nurse time, lol. Some regret signing it.
I don't do retention contracts. Period!!!! My freedom is not for sale
Facts!!!
If u wanted to retain a job and not be fired or let go would you sign it then ?
You are so right Kendra! Pre-pandemic I work at an organization with a sign on bonus of $10k over 2 years. They paid out every 6 months. I was so disappointed in that check. They took half in taxes and explained to me that BONUSES ARE TAXED AT A HIGHER RATE 🗣🗣🗣🗣
Say what!!!! Oh yeah, because the amount is so large, it places you in a different tax bracket. 🤦🏾♀️🤦🏾♀️🤦🏾♀️
Yup you will NEVER see that whole bonus, and if they leave TRUST they're gonna want the WHOLE amount back! Even if you never saw it, and it was taken out in taxes. Decline the bonus, & if they say this is a part of the position, then leave.
Come through breakdown. I stop being a FT bedside nurse after 2 years. Only worked per diem or prn which paid higher. Now as an NP I can't imagine going back to 12 hour shifts.
@@NinaAce I want to eventually go perdiem. Who do you use for insurance and retirement plan etc?
@@nalaamour when I was married I was on my spouses insurance. Before then someplace off the ACA marketplace.
Thank you for the breakdown! And I completely agree with you. Time cannot be replaced for $$- for me I like the freedom of doing prn and switching organizations whenever. I’m not loyal to anyone lol 😆
Thank you so much for breaking down the $30,000 retention bonus! So many nurses I talked to gawking about that Healthcare organization offering that high retention bonus and running towards it, leaving their current gig, I said no thanks! I've worked at three of their institutions in some capacity and the money is not worth it because they will WORK you. And that's before covid and the extra nursing shortage! Neuro and IMC had such a high turnover of all staff, including management, at their main institution, but that place do have my heart. Met some of the best nurses there, including you Kendra! Nursing like never before and never again! I can't bring myself to go back even though I've thought of it. It's just not worth it at this time in my life for several reasons.
Plus, if you do the math, you can make close to that if you work an additional shift each week without the commitment. Also, benefits may costs more as well compared to other institutions, if you need them. But, those nurses who took the bonus really think they were doing something.
RE: "...they will WORK you" lol lol lol Yes indeed
Thank you. Truly. I wish all newgrad nurses watched your video. I almost made this mistake and now 100% confident not to sign up.
Thank you!!!!
Once I became a nurse I had to sign a 2 year contract (as a New Grad). I loved the work environment but, I vowed to NEVER sign a contract for Full Time Status again.
*Math was broken down precisely 👍🏾👍🏾👍🏾😊😊😊
Thank you for breaking the bonus down. It is downright deceptive in my opinion. I am not a nurse but worked in healthcare during pandemic (did not get a penny OT, hazard pay or bonus). Now the healthcare workers are being given $1,500 retention bonus for 6 months of work. When I did the math it came out to $12.50 extra per day for me 😑 NYC is very expensive so this is not attractive to retain good employees in a toxic work space. What good is $1.5K if we are miserable & becoming sick in the process? Keep doing a great job Kendra! 2023 is your year!! Your goals for better health, financial freedom, higher education & overall empowerment are inspiring! 💪🏾
Hey, so I got this bonus and it was $1,055 after taxes, yes it was taxed lol
@@shanika1544 Oh wow, seriously? Thank you for sharing 😊 I thought they weren't taxing it. Smh. Some qualified ppl I know didn't even get the bonus or full amount. So sad how they treat healthcare workers who literally risk their lives & licenses on a daily basis. Unions spoke like this was a big success. This is not the way to retain employees 🤦🏾♀️
You make a TON of sense here!!! LOVE your look and your lipstick, Kendra!
Thank you. It’s one of the new reds from Gwen Stefani’s line.
Better Read that Fine Print!
There's an old saying. The big print givith, the small print taketh away!!!
Pulling a military move lol. Signed up to do a 6yr enlistment instead of a 4yr enlistment for a tiny little 14K bonus. I didn't get the bonus until I was finished with my training. After taxes I only received 10K of it. They got my little 20 yr old behind with that lol.
Lesson learned though!
I LOVE how you broke down the numbers! I worked as an ICU nurse for 20 years and learned exactly how many OT shifts to work to get a benefit without excessive tax burden. No sign on bonuses for me! Keep posting!❤️
As soon as you said 3 years it was a dub for me
🤣🤣🤣🤣 Love it!!!
There is always a catch to the bonuses. I would not be inclined to sign anything where I am obligated to stay for years to get the full bonus.
I have absolutely no interest in working in the medical field but I really like listening to people explain various things thoroughly. Helps me make sense of the world a bit more. I've subbed. Looking to hear more about the nursing industry!
Thank you so, so much for sharing this video. I actually just left my facility for this reason. These organizations love to entice their nurses with these “bonuses” but it is often not worth it
TY for your contents of navigating the nursing career. Now, I’m a LPN and not skilled as yourself. However your many post video applies to a lot of us as well. So, thank U for your service. I have binged on your channel for approx. 12 hours thus far. Keep them going please! May God continue to bless U in your endeavors to educate us of the the in and outs of the profession.
Love watching you really go in depth explaining whatever topic you talk about Awesome .
Thank you for watching ❤️
Great persecutive thank you Sis for the breakdown
You have excellent presentation skills; I want to see you on television as a news anchor!
❤
My mom wanted me to major in broadcast journalism.
I love the way you breakdown these topics. 🙏🙏
Thank you, sometimes I feel like I’m talking in circles, lol.
Thanks for sharing and nice to meet you !
Another great video Kendra addressing current nursing trends.
I was offered a sign on bonus at my now prn job a year ago and kindly said no thank you.
In my mid 40s I move with specific intentions and goals with my ability to learn and grow as nurse along with my happiness is priority for me.
Interesting video. One reality I always state, an organization could actually double the wages of Nurses tomorrow. But if that organization continues to treat their Nurses like garbage (which is typical across the board), the Nurses are going to leave anyway.
My wife and I have been Nurses for over 25 years each. The facility where she's at, she was treated like garbage to the point where she chose to work in Housekeeping (which is a significant drop in pay) instead of Nursing to get away from a Psychopathic nurse manager. That facility is now in a Nursing shortage. So there's alot more to it than just the money.
Thanks for sharing this info.! This is something I was discussing with another one of my classmates and I didn't think about it this way.
You’re welcome!
Thank you for sharing this with us
^
Thank you soo much for this information!!
Thank you. This was very helpful.
Just sharing insight.
Thank you!
Such a wise woman truly
Thank you, never thought of it this way
💯💯💯 come on with it!!! 👏🏽👏🏽👏🏽👏🏽
Although I'm just completing my 1st semester of perquisites for nursing, this perspective doesn't elude me. I have undergrad degrees in accounting, business and management. I also have a tax business...thank you for sharing light on this fact. #surgicalnursegoal
I think they are trying to discourage travel nurse 😮 the sign up bonus is so tempting to me. I can’t wait to be in the State. You are very intelligent.
You will get here my sis, Amen! You are so determined, I can see you becoming a millionaire in the US.
My goodness! Thank you for this video ! They are doing that quite a bit and they do not release any of that additional info. I feel the same way as I applied for a position and after doing the math and finding the true intention of the organization, turned and ran.❤
Lol, you ran?!!! 🏃🏿♀️🏃🏿♀️🏃🏿♀️🏃🏿♀️
So for an experienced Nurse you are absolutely right 100%. For a New Grad? By all means take it and all the experience u will gain to be able to have choices as an experienced nurse after the 3 years. New grads pre pandemic would never even dream of such opportunities so I would advise them to take this opportunity as it will be well worth it in the long run.
I would agree if the contract was less than 3 years. Some new grads start out, have terrible experiences with bullying, no support, unsafe staffing, etc. Now they took the money, signed the contract and is now stuck dealing with misery. Hospitals aren’t doing anything to ensure the new grad experience is a good one.
Even as a new grad I would definitely think seriously before accepting any sign on bonus.
Having to work somewhere that is toxic and not where you enjoy being for 3 years is not worth any amount of money for me!
100% agree with you especially for a new grad and provided its less than 3years. Go get the experience you need within that specific period of time and move somewhere else where you will be happy.
I’m getting tired of healthcare PERIOD!
Thank you beautiful it was great info specially for a new RN like me 😘
I’m glad it was helpful. I’m not opposed to taking the money, just be careful of the time and if your work environment is tolerable.
@@KendraRN I will Thank you
RUNnnnnnnnnnn🤣
Signing bonus...run!!
🤣🤣🤣🤣
Kendra thanks for this!
You’re welcome!
I was offered a 15k retention bonus for a 2yr commitment and i was like, for real? I can make that 15k in 6months if i choose to. Why would i sell my freedom that cheap.
Many hospitals have always offered sign on bonus. When nurses still left the bedside during the 90’s, hospitals heavily recruited from the Philippines and a few from Canada and England. It is better to work as a travel nurse. The bonus just puts one in a higher tax bracket or they can terminate you if you screw up
Thanks for confirming that some thing never change
So many nurses are pursuing that travel nurse route. Thank you for your comment Olga.
Sign on bonus is usually a red flag.😊
I just left bedside after 1 yr as a new grad because of unsafe staffing, mental burnout etc. Can you imagine me signing that and having to pay that money back plus the thousands of dollars in student loans that I already owe? Please 🙄
Right! The work environment now is so different than what it used to be. Burnout and stress is high. Signing a contract isn’t always a good idea.
Not a Nurse myself. But I am a Paramedic, so I do the 12 hour shift/36hr a week thing as well.
I do this all the time. I math everything put myself.
We had a situation like this happen for us as well. Paramedics were offered $15,000 as a sign-on bonus, and a few Medics asked me why I wasn't taking the contract deal. Did the same math right in front of them. Taxes and all. After doing the math for them, some skipped it and some took it anyway.
I did not.
And shortly thereafter, I saw an opportunity to go from $25.00/hr on the road to $30.00/hr in Urgent Care...
... and I took it. But, I couldn't bring anyone along with me because they were stucl in a contract! 🤷🏾♂️
Now I'm working the same hours as them, getting better pay, and a higher OT rate as well. And I still jabe aaaalll of my freedom. 😁
That math is not confusing lol you right 😅!!!!
As a new grad, I'd prefer to take that money, gain experience, and, if I end up disliking the company, refund it. I'd rather take the risk than work there for two years and regret not accepting the bonus. Missing out on essentially free money. Plus, I can still earn the bonus and work overtime.
With the current state of nursing, it does not make sense, however, to each, their own
Unfortunately, the bigger the bonus, likely the worse the environment (21 years Nursing here). 3 toxic minutes is a long time, forget 3 years.... One positive, if you can find a good working environment with mentorship and support, then 3 years in one place for a new Nurse can be quite helpful to solidifying that student to practice.
anytime there is a bonus usually means not a good place to work, sometimes if you can suck it up and work around it can work, but majority the labor and staffing is crap
Kendra your hair is GIVING what it's supposed to. 🥰 I love it! Also, I was wondering do they offer Bonus for LPN?
I’ll have to look into it.
@@KendraRN Perfect thank you Kendra 💕💜
The most important value $ is your base pay - benefits, match. Bonuses are taxed at 40% so that’s $18k net. Nurses, say no to bonuses- yes to unions, compensation n benefits n healthy-safe work environment.
Plus they are taking your 403b/401k at gross not net. This is why knowing math 🧮 and economics matters.
Thank you..
What if you don’t want to stay in that facility for 3 years? Or that specialty? You are correct in that there are other opportunities to make more than that pursuing other endeavors such as travel nursing, aesthetic nursing or opening up your own business as a nurse entrepreneur. The sky truly is the limit. So much so that there is very little good reason to get roped into a contract like that.
I like your videos! Have you thought about working in CA or NV to get a daily OT if you work over 8 hrs a day?
It has def crossed my mind! I’ve heard so many nurses talk about Cali OT.
@KendraRN I'm not an RN but I went to CA to help my mom for about 9 months. I was working from home. My job had to back pay me because I didnt inform them I was working in CA. TBH I had forgot about the daily OT there. I was talking to my manager one day, and me being in CA came up. Lol, I'm glad I didn't get in trouble. The back pay was 🔥 because I put in some hours daily! I reside in TX, so OT starts after 40 hrs 🙄
Good afternoon beautiful sis, thank you for ❤
Did Canadians get a monthly covid check? Not nursing. Just a covid check? They got it twice in America. 🙄
Thank you for commenting ❤️
This is usually how I break things down in my head.
The only way I might be tempted, was if I was buying a house or a business opportunity presented itself, and I needed a large lump sum for a down payment or something. But even then…… 3 years is soooooo long.
It’s so important to analyze things deeper, especially money moves.
Just came out of a 3 year contract and I even had to break it. I was so unhappy and counting the days but I couldn't hold no more. The place was too much. Nothing in this world is worth your sanity and peace of mind. I will never sign something like that again.
I always knew that sign on bonuses was a scam 😂
If the contract was for a year only, I’d say go for it!
With inflation being over 8% & will increase. That just covers the current real value of inflation and not your value as RN. 3 yrs no.
I love how you broke it down mathematically! That's about the same as how I calculated it. That $30k sign on bonus is not worth it in the grand scheme. The freedom to move to any hospital or facility to work and make overtime is far a far better option. The large sum of money is to entice those who may not realize what they are giving up by doing so. No shame to anyone who chooses to do so.
Come through with the breakdown…Thank you
Thank you for watching. ❤️
Can you do a story time on nurses who divert drugs. There are nurses who you clearly see that are under some substance however, try to set other nurses up. Also, it’s certain nurses who does that if you know what I mean!
I like the way you broke it down but everyone was supposed to consider that a big sum of money would have been taken for tax. Even though I'm still in my journey of becoming a nurse 🙃 😅
$15,000 to be locked in for 3 years is crazy
🤣🤣🤣 I think so
I agree the content.
After they tax it, I'm done. . 🙄🙄 that's too much. Wait what 401k? Smh.
Hahaha you made me laugh with the eye rolls 🤣🤣🤣
😂😂😂😂 america 🇺🇸 I respect the country to the core 30 000 u can start imagining a down payment for home etc sure after that knowing they own u it be a lot to deal with u can’t go regardless 😂😂 atleast if they said 1 year contract 3 years is a lot I love u for this very informative and detailed
Some people took it and I’m sure they put it to good use. I don’t blame them, but I just want to get newer nurses thinking about the whole picture of what it actually means to sign that contract.
smart!
that was a freudian slip (30 years a slave)
The average person received 17/18k lump sum after taxes. Now, you're telling me to sign a contract for 3 years in exchange of 6k per year? Please, I can earn 6k extra a year without signing a contract.
Exactly! That’s how I calculated it.
No.Its a red flag lol
Do lpn make decent money? Like could I be travel lpn? Can you make video on if Lpn is good
They do. Let me gather some facts and I will.
The sign on bonus isn't worth it. You have no idea what you're signing on to. The higher the sign on bonus, the worse it is to work there. They make it so you can't leave. If it's a toxic environment and you want to leave in the first year, you need to pay it back whatever they gave you up front. You usually don't get that 30.000 up front. You will get it spread out over time. I always asked, why so much? How are the staffing levels? Nurse patient ratio? Ask a lot of questions. There's usually a catch in there somewhere.
Being stuck in a miserable work environment is a no for me. You can’t entice me with money.
Sign-on “bonuses” = Short Staffing. Just say “No”!
😆😆😆
I need to speak with you about this. How do i contact you please?
You can email me. It’s in my contact infor
We don’t get any of that in Canada!!!!
It exists in Saskatchewan, especially the rural areas.
I just heard of that place. I watched a RUclips in a young lady that was taken out in a night club brawl.
Come over!
I wonder if putting the bonus all in your 401K is an option?
Offering such a large amount makes me suspicious from the start. Why do you have to throw out bait like that? That lets me know they probably suck to work for and they have a high turnover rate for their nurses. I’m about to start applying for jobs. My question is, do new nurses have to pay their dues and sign these contracts as their first jobs assignments?
Would you go to jail or prison for taking the upfront bonus and then quitting??
No! In most cases you’re under a contract, if you terminate it, you might have to pay the money back.
Neverrrrrrrrrrrr!!!!!!
I would only do it, if I loved the hospital. After you broke it down, it’s not even worth it 🙃
I just got offered 20k for a new grad med surg position
How many years do you have to commit.
There used to be good faith sign on now it’s a red flag this is sad.
🚩🚩🚩🚩🚩🚩
Not them holding u history for 30 yrs 😂😂😂😂
Hostage***
Listen… 🏃🏿♀️🏃🏿♀️🏃🏿♀️🏃🏿♀️🏃🏿♀️
😀
30,000$ per annum?
It’s a one time payment. Not yearly
All money is not good money lol