Highest Paid Nursing Specialty
Highest Paid Nursing Specialty
Nursing is one of the highest paid careers in the United States. According to U.S. Bureau of Labor Statistics, the median annual wage for registered nurses and nursing assistants was $68,450 in May 2019—a 2% increase over 2018 (the previous year). The highest paying nursing specialties can command salaries that are even higher than this average annual wage. However, not all specialties are created equal when it comes to paychecks and career prospects. Some nursing specialties pay more than others—and some have fewer opportunities for advancement or flexibility in their working schedules than others do. In this post, we’ll take a look at which nursing specialty pays more than others so you can decide which field might be best suited for your career goals!
There’s a shortage of nurses in most areas, and a surplus in others
The nursing shortage is a chronic problem that affects many areas of the country. As the population ages and demand for healthcare grows, there’s a greater need for qualified professionals to fill these roles. At the same time, many people are choosing to enter this profession because it offers them a way to balance their personal and professional lives.
In response to this growing interest in nursing careers and an increased emphasis on preventative care practices, there has been a surplus of nurses in some parts of the country; however, there are still shortages in other regions where demand continues to outpace supply.
Specialization can boost your income
There are many advantages to specialization, including the fact that it allows you to focus your energy on one area of practice and gain more knowledge in that area. In addition, specialties may allow you to work with a group of patients who have similar needs and therefore share certain characteristics. This can make your job easier because there are fewer variables when working with a particular group of patients than if you were seeing a variety of different types of patients every day.
Specializations also tend to be more lucrative than regular generalist positions—and sometimes even other specialized jobs—especially if they require additional training or education beyond what’s required for RN licensure.
What makes a specialty well paying?
There are several factors that determine the compensation of a nurse. The most important are:
- Location and demand for specialties in the area
- Work environment, including hours worked, shift work, and any other unique conditions that exist in the field (like travel)
- Education and skills required to become licensed in their specialty
- Professional development activities such as continuing education courses or seminars; these are often paid by employers
- Interpersonal skills (the ability to build trust with patients)
The highest paying nursing specialties
According to the Bureau of Labor Statistics, pediatric nurses earned an average of $68,970 in 2017. These nurses specialize in caring for infants, children and teens with a range of conditions including diseases like cancer or cystic fibrosis. They also care for children who have been abused or neglected as well as those who need special medical equipment to keep them alive. Cardiovascular nurse
Cardiovascular (CV) nurses are responsible for monitoring patients after surgery or heart attacks to ensure that their vitals are stable and that they don’t suffer any complications during recovery. CV specialists may also work with patients who have congenital heart defects such as atrial septal defects (ASDs). Neonatal nurse Neonatal intensive care units require specialized training because they treat some of the most fragile newborns in the hospital—babies born too early or with complex conditions like Down syndrome, cerebral palsy or congenital heart disease—who require 24-hour care until they can be released safely into their families’ homes. Neonatal nurses can expect to make $62,610 per year on average according to SalaryExpert data from January 2018; however this is based off data collected nationwide so it’s possible that your experience could vary depending on where you live and work within your state/city/province/etcetera! Orthopedic nurse Orthopedic surgeons often refer patients requiring long-term physical therapy after surgery back home with them once discharged from hospital facilities; this means orthopedic nursing roles can involve both direct patient care and coordination between doctors/surgeons and rehabilitation facility staff members like occupational therapists (OTs).
Neonates born prematurely often require ongoing support during infancy because there’s an increased risk they’ll develop respiratory illness due both premature birth itself but also because many premature babies spend much more time than normal inside incubators where germs spread easily among infants sharing rooms (this also increases risk factors associated with bacterial pneumonia). As such neonatal IC
Lowest paying nursing specialties
- The following are the lowest paying nursing specialties:
- * Emergency nurse * Reasons for low pay: Not a lot of demand, but huge demand for emergency departments. Hospitals tend to hire less experienced nurses because they can be trained on the job.
- * Geriatric nurse * Reasons for low pay: Fewer opportunities available. Once a specialty matures, there aren’t as many jobs and hospitals can afford to pay less.
- * Home health nurse * Reasons for low pay: Again, not much demand and hospitals can afford to pay less since these nurses often work independently or in small groups.
If you want to make more money, you should look at specialties that match your interests.
If you want to make more money, look at specialties that match your interests. If you are interested in pediatrics and enjoy working with children, earn extra income by becoming a pediatric nurse practitioner.
If there is an area of nursing that has high demand, such as home health care or cardiac care, look for jobs in these areas. You will not only be making good money but also helping people who need it most.
I hope you’ve found this blog post informative and helpful. As you can see, there are a lot of different factors that go into determining how much money a nurse earns in their field. The takeaway here is that if you want to make more money then look at specialties that match your interests and skills.