tag:blogger.com,1999:blog-33908870.comments2007-09-20T05:42:53.573-07:00contractornursehttp://www.blogger.com/profile/16260583133428914019noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-33908870.post-24859383325876094932007-09-18T15:55:00.000-07:002007-09-18T15:55:00.000-07:00Independent Nurse Contractor Rates<BR/>This is a common question, what should I charge a facility for my nursing services ? <BR/>Don=t be afraid to ask. The current industry baseline rate should be taken into consideration. Make phone calls as some agencies ( travel; per diem) will share this information especially if they use independent Nurse Contractor. Human Resources is another good source as you will be negotiating your pay rate with them at times. Ask other Independent Nurse Contractors, as many will to share this information and are willing to help out a fellow INC especially if you make it clear that the information is for your next contract.<BR/>For RN travelers, I can give you couple of rules of thumb to calculate rates. You can generally take an agency pay rate (assuming that they are paying for housing etc.) and double it if low, and add $25 dollars to it if high. Traveler pay rates are currently about $25 to $40 an hour and bill rates typically range from $50 to $65 an hour. (Higher in places like SF and NYC where housing costs are extreme). A good average is $58 an hour. Desperate hospitals usually will not think twice about this rate. <BR/>Some facilities will also give a discounted rate on close by hotels/housing. Make sure and ask Human Resource Department about this. They also may be able to recommend private individuals that rent out rooms for temporary staff. <BR/>How to find out agency rates? Agency pay rates are advertised on many websites, travelers may tell you what they are making although many are bound by contracts not to talk about pay. It is a good idea to be signed on with several agencies. ( lag time between contracts) The agency will tell you their pay rate in a variety of areas and facilities. <BR/>Once you have a market rate, you can go from there. I started my first Contract at the low end just to get my foot in the door as an INC. Once my name and business were established I was able to charge at high end.<BR/><BR/><BR/>http://www.startnurseagency.comcontractornursehttp://www.blogger.com/profile/16260583133428914019noreply@blogger.com