Travel nursing is a fast-growing part of the healthcare industry. It’s an exciting and rewarding way to work, but it can also be confusing for newbie travelers. In this article we’ll cover everything you need to know about travel nurse pay!
How travel nurses are paid
As a travel nurse, you get paid by the hour. That’s right—you are not paid by the shift or day!
Overtime: Travel nurses receive 2x their hourly rate for any hours worked over 40 in one week (or 8 consecutive days). There is no limit to how much you can make in overtime, but it is capped at one time point during each work period.
Travel Time: You are also paid mileage reimbursement at $0.54 per mile driven while traveling to or from assignments (excluding stopovers). This amount goes up when driving cross-country and/or using an expensive form of transportation like flying private jets!
Paid Time Off: Travel nurses receive full pay for all accrued vacation days (vacation days not used within 12 months expire) and sick days used during their assignment periods.
In addition to these benefits, some companies offer additional perks such as relocation costs being paid by them directly instead of through payroll deductions; unlimited access between assignments without losing seniority status; etcetera!
Types of Payment
Payment for travel nurses is usually one of two types: salary or hourly rate. Salary models are common for full-time positions, whereas hourly rates are more common for per diem shifts that last less than a week at one location; both have their pros and cons, so it’s important to know what each entails before choosing which type of pay works best for your situation.
Bonuses and supplements
Bonuses and supplements are a way for travel agencies to reward their nurses for excellent performance. These bonuses can be based on clinical performance or productivity, and they can be paid quarterly, semi-annually or annually. Bonuses may be paid in cash or in the form of a gift card.
Travel nursing travel expenses
Travel nursing pay is often a percentage of your base salary. Some travel nursing companies will cover travel expenses, others will not. The same goes for housing. Travel nurses often have to pay for their own housing, but some companies do offer this benefit as part of their compensation package.
As a travel nurse you’ll get quality care through your hospital and get paid well while you’re working.
You should also know that as a travel nurse you’ll get quality care and pay through your hospital. You’ll be treated with respect and can expect financial stability, allowing you to focus on taking care of patients instead of worrying about bills.
Travel nursing is a great way to make some extra cash while helping out others in need. It can be an enriching experience, especially when you’re working with new people and seeing new things all the time.