Monday, February 21, 2011

How to Make Money in Nursing

Back in 2008 the median annual wage for registered nurses was below $63,000. The middle 50 percent earned between $51,640 and $76,570. The lowest ten percent earned less than $43,410, and the highest ten percent earned over $92,240.

Before I reply to the query on how to make money in nursing, lets take a glance at some statistics from the U.S. Department of Labor.

Determining where you might slot in within this range results from a variety of factors including an RN's overall experience, the school they attended or the state where you work.

New graduate nurses in Texas make between $40 to $46 per hour, depending on geographic location.

The highest beginning salaries in Texas are around $83,000 per year. And in some areas, sign on bonuses are being advertised at up to $10,000.

The more schooling and experience you have, the extra money you can earn. For example nurse practitioners make over $89,000 per year.

Try working for a wellness company I have met lots of nurses that do this business..This could be great for you..I agree, lots of these work from home things are scams.

Some nurses have taken the Business Franchise/Dealership with a number of the leading nursing franchises. The business idea can be beautiful initially, but the cost is high, I always discourage someone from franchises, but that decision is yours to make.

Some nurses pick to become independent contractors and go out and secure there own contracts. Lots of large staffing agencies started out with contract and have become giants. Individual nurses pick to become entrepreneurs, get in to the staffing game, the game that can produce lots and lots of financial possibilities.

Some people say that it is difficult to start a staffing agency, the economy is bad, the contracts are difficult to come by, nothing is right, everything is wrong. Well, to those people I tell you that a number of the staffing giants have started from humble beginnings and commenced when the economy was not at its best.

It is never simple to start a nursing staffing agency and the financial rewards can be great, but without trying and without giving it a shot, you will never know your full potential and how to make it large and make money in the nursing staffing arena.

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