Clearly, the hospital needed this individual to generate revenue.Free e Book: How To Negotiate Travel Nursing Pay Finally, it’s important to note that bonuses typically have an extra cost associated with them that diminishes the value for the travel nurse.Tags: N Removal ThesisNew Courseworks SipaThe Success And Failure Of Picasso' Essay By John BergerTypes Of EnthesisPersonal Statement Questions 2012English Term Paper Topics
Most people don’t think of Strikes as travel nursing jobs, but that’s indeed what they are in most circumstances.
When a hospital’s employees go on strike, the hospital must bring in temporary staff to cover the load.
For example, it might be “Net 60”, which means the payment is due in 60 days. That way, you can get paid and let the agency take the hit for their incredulous client hospital.
When offered, most travel nursing bonuses are between $2,500 and $5,000 for a 13 week assignment.
During very tight labor markets, it’s possible to see bonuses of $10,000 for a 13 week assignment.
The Highest bonus I’ve ever seen was ,000 for a First Assist CVOR RN.Hospitals sometimes take forever to pay their bills.It’s not uncommon for it to take up to 6 months for the agency to receive the bonus payment.It’s common for completion bonuses to require that every single hour of the contract be worked in order to qualify. Moreover, many agencies will include a clause in the travel nursing contract stipulating that the bonus will not be paid to the traveler until it’s paid to the agency by the hospital.This could cause a serious problem for the traveler.Many travel nurses and agencies tout the high pay of travel nursing jobs as one of the top advantages of travel nursing.However, the pay for many travel nursing jobs is actually in line with the regional average pay for nurses once all of the costs have been calculated and an apples-to-apples comparison has been conducted.There are strikes, crisis rate assignments, and bonus assignments.Please keep in mind that these categories aren’t set in stone.There maybe some overlap, and there may even be other variations.However, by categorizing high paying assignments this way, we can cover the major differences and nuances which will help you understand what you’re in for when securing and working them.