Completing a bachelor's degree in nursing can allow you to earn more than an enrolled nurse or nursing assistant, for example. Furthermore, completing a Masters in Nursing can also lead to a lucrative specialisation plus a rise in earning potential.
A Mental Health Nurse is a professional healthcare provider specialising in treating clients with mental health issues; this has become one of the highest-paid nursing jobs in Australia.
You may be lacking some skills or do not have adequate training or years of experience. Another important aspect is that nurses often do not have the right skills required to negotiate with their employers resulting in lesser wage.
Gerontological Nurse Practitioner (GNP)
According to Salary.com, the average salary* of a Gerontological Nurse Practitioner is about $100,000 per year or about $48 per hour.
The average practice nurse salary in Australia is $84,000 per year or $43.08 per hour. Entry-level positions start at $76,006 per year, while most experienced workers make up to $124,548 per year.
The lowest salary for a nurse is for licensed nurse practitioners (LPNs). The median salary for LPNs is about $47,000. LPNs are some of the lowest-paid nurses because it has the lowest educational requirements within the nursing field. To practice as an LPN, a person does not need a college degree.
But even outside of those specialties, having an advanced nursing degree can almost guarantee that you'll be making an average salary that is at least six figures. The average nurse practitioner makes $117,670 per year — and depending on which specialty you choose, you can make well beyond that amount.
While it might be fair to say that nurses are always underpaid considering the demands of the job, Australia is among the highest paying countries in the world, regularly appearing in the top ten for average salary paid.
Nursing students that become RNs can begin earning salaries that typically exceed the overall average U.S. salary. Overall, RNs earn an average annual salary of $82,750, while the average annual salary breakdown for RNs in different careers stages are: 0-5 years experience: $65,000. 6-10 years experience: $77,000.
It is possible to negotiate a higher salary as a new nurse. There is no rule book that says you can't. No one will scold you or punish you if you negotiate. As a matter of fact, according to the 2019 Job Seeker Nation Survey report from Jobvite, your potential employer expects it.
Registered nurses in California earn an average of $124,000 per year (or $59.62 per hour). California registered nurses earn 49% higher than the national average salary for RNs, at $82,750 (or $39.78 per hour).
1. Luxembourg - $91,000 (USD) Currently topping the list as the highest-paid country in the world for nurses, this tiny country in Western Europe pays its nurses very well. Because of the tiny size of the country and its tax haven laws, getting a job as a nurse is extremely difficult.
You can start a business selling medical products. This might include products for nurses or for the general medical industry. Some examples include selling scrubs, accessories, medical equipment or medicine. Starting a business in medical product sales is a great way to use the skills you already have as a nurse.
Registered nurses (RNs) in the U.S. earned a median annual wage of $77,600 as of May 2021, the most-recent data available from the Bureau of Labor Statistics. And the highest earning RNs earn more than $120,000 each year. But some nurses are pulling in significantly more.
Nurses can live comfortably in California because it's one of the states with the highest demand for registered nurses. If you want to live comfortably in Cali, you need to know which cities have the highest cost of living and which types of nurses make the most money.
Can a Nurse Afford a Nice Home? Yes, most nurses should be able to afford a house. Given the average salary of a nurse ($73,300), you should be able to afford a house costing $200,000, assuming a down payment of 3.5% and a 30-year fixed-rate loan at 3.7%.