Travel Nursing Pay: Flexible vs. Rigid

in , /by

If you’ve discussed travel nursing pay with multiple agencies, then you’ve most certainly found that different agencies compensate their travel nurses in different ways. Some companies pay larger tax-free stipends than others. Some companies offer rental cars while others don’t. Some companies offer furnished one bedroom apartments while others will only offer an Extended Stay hotel.

The various individual differences can be difficult to keep track of. However, there are a couple of general differences that travel nurses should be acutely aware of. We’re going to discuss one of those general differences here, the difference between flexible compensation packages and rigid compensation packages. Read more

What Every Travel Nurse Should Know About Negotiating with Bottom Lines

2 Comments/in , /by

One of the top advantages of travel nursing cited by both travel nurses and agencies is the pay. It’s true that travel nursing pay packages are higher than permanent pay packages in many cases. However, this is not always the case. Sometimes, travel nursing compensation packages aren’t all that lucrative.

As a result, many travel nurses maintain “bottom line” requirements. If assignments don’t meet the compensation requirements, then they are passed over until an assignment that meets the requirements is offered. In this blog post, we’ll discuss some considerations for adopting this strategy and some of its advantages and disadvantages. Read more

Travel Nursing Pay: Overtime Bill Rates

2 Comments/in , /by

As we’ve noted time and again on this blog, bill rates are the single most important variable in determining travel nursing pay. The bill rate is the hourly rate that agencies can charge their client hospitals for the travel nurse’s time.

There are many different categories of bill rates. The overtime category is one of the more complicated bill rate categories and we’ll cover it in detail here. Understanding the issues at play with overtime bill rates will help travel nurses understand the limitations faced by agencies when determining “extra hours” pay which will help travel nurses with their compensation negotiations. Read more

The Pros and Cons of Managed Service Providers for Travel Nurses

1 Comment/in , /by

Over the past decade, more and more hospitals have turned to one of the various Vendor Management Service models to meet their travel nursing and other contingent staffing needs. In this blog post, we’re going to take close look at one of the more common Vendor Management Service models utilized in the healthcare staffing industry, the Managed Service Provider (MSP). In doing so, we’ll discuss the pros and cons of this model for travel nurses. Read more

7 Potential Start-Up Costs for Travel Nurses

in , /by

Whether you’re just getting started as a travel nurse or taking on your next travel nursing assignment, there are potential start-up costs that you will most likely be responsible for covering. Many of these costs may be reimbursed as part of your travel nursing pay package, but travel nurses should always anticipate the need to cover some costs up-front. In this blog post, we’ll discuss some of the potential up-front costs and offer some tips for dealing with them so that you can formulate a plan. Read more