Although you have to pay more for LPN training, the financial savings is well worth the time and money you spend on formal training.
You have to be ready to work non-stop. How much money does travel nurse earn? There is no clear cut answer to this question as it depends on the agency, travel nurse’s skill, and the health care provider’s needs. Travel nurse agencies make their income from fees paid by the traveling nurses to the agency. Some agencies make money from the government. There are many private agencies as well as organizations that hire travel nurses on a full-time basis. These agencies collect fees for every appointment made by the travel nurse.
How Much Money Does a Travel Nurse Get?
They also charge an amount for advertising and other promotional activities. These fees are usually high and are based on the size of the agency and the number of agencies that have applied to get listed in their directory. Agencies that get listed cost more than agencies without a listed status. The amount of fees vary from one agency to another. There is a lot of competition among agencies making travel nurse salaries.
Many of them offer attractive packages for new hires to attract customers. Some agencies spend a lot on advertisement and marketing to attract a lot of clientele. These agencies make a lot of money out of these people who travel a lot. In turn, they give these agencies a chance to earn a lot of money.
There is a limit to how much money these agencies can charge. The amount they charge is fixed and cannot be increased. In order to stay competitive, these agencies try to keep their rates as low as possible. They try to offer attractive benefits and low starting salaries so that people with average or above average skills to apply for jobs offered by them. For these agencies, making money is the priority over anything else.
The starting salaries for a travel nursing job are usually very low. Once you complete your contract, you may not receive another pay check. Most of the time, you are paid on a commission basis, which means you only receive a portion of the total pay you earned. This also depends on the type of travel agency you work with.
Although you have to pay more for LPN training, the financial savings is well worth the time and money you spend on formal training. Once you have done this, you will have to appear in a clinical session that will last for one month. Always keep these things in mind and you will be surprised by how easy it is to find a great job. For example, LPNs who choose to focus on pediatric, family practice, or other areas may make less money than nurses who choose to specialize or work in other areas.