Many types of nurses work in health care, whether in hospitals, home health, private physician's offices or long-term care facilities. Each works closely with patients to help diagnose and treat ailments. They also perform administrative duties and inform patients about the best ways to care for themselves. Nurses earn hourly pay that is increased by weekly overtime, bonuses and profit sharing.
Licensed Practical Nurses
Licensed practical nurses (LPN) complete their training in about one year, says the U.S. Bureau of Labor Statistics. As of 2010, LPNs earn between $15 and $20 an hour, according to PayScale, an amount that works out to $600 to $800 per 40-hour workweek. Overtime increases this hourly rate to $21 to $30 an hour, and some LPNs report earning annual bonuses of up to $1,000.
Registered nurses typically hold an associate or bachelor's degree, or have earned a diploma at an accredited training hospital, says the U.S. Bureau of Labor Statistics. As of 2010, registered nurses earned $22 to $30 an hour, according to PayScale, which works out to $880 to $1,200 per 40 hours worked. Overtime pay ranges from $30 to $45 an hour. Bonuses add up to $1,600 annually to a registered nurse's income.
Advanced Nurse Practitioners
Advanced registered nurse practitioners (ARNP) hold a master's degree and can prescribe medicine, according to the U.S. Bureau of Labor Statistics. As of 2010, ARNPs earn a total annual salary of $70,000 to $92,000, according to PayScale, an amount that works out to an average of $1,400 to $1,800 a week. This amount includes bonuses of up to $5,000 and profit sharing bonuses of up to $6,500 annually.
Job prospects for nurses are expected to be favorable, according to the U.S. Bureau of Labor Statistics. As the population understands the need for preventive care and visit the doctor's office for wellness visits, and as the population ages, more people will need the services of nurses in all fields. Nurses who are willing to relocate will have the best chances of getting hired.
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