As a licensed practical nurse (LPN) who loves to travel and explore new places, becoming an LPN travel nurse can be a great career choice. This profession allows you to combine your passion for healthcare and adventure by working in different healthcare facilities across the country. However, before you take the plunge, it’s essential to know the average pay rates for LPN travel nurses and the factors that affect their earnings.
The Average LPN Travel Nurse Pay Rates
The pay rates for LPN travel nurses vary based on different factors such as location, experience, facility type, skills, and demand-supply ratio. According to the United States Bureau of Labor Statistics (BLS), LPNs’ average annual salary is $48,820, while the hourly wage is $23.47. However, LPN travel nurses can earn higher pay rates than their stationary counterparts due to the added travel benefits and incentives.
The average pay rate for LPN travel nurses ranges from $25-$35 per hour, depending on the location, facility type, and demand-supply ratio. Some travel nursing companies offer higher rates based on the LPN’s experience, skills, and the duration of the assignment. Experienced LPN travel nurses can earn up to $40 per hour, including bonuses and incentives.
Factors Affecting LPN Travel Nurse Pay Rates
Several factors influence LPN travel nurse pay rates. Here are some of the most significant factors:
- Location: The pay rates for LPN travel nurses vary based on the demand-supply ratio in different states and cities.
- Experience: Experienced LPN travel nurses with several years of experience can earn higher pay rates than new graduates.
- Facility Type: LPN travel nurses working in specialty hospitals or critical care units typically earn higher pay rates than those working in general practice.
- Skillset: LPN travel nurses with additional certifications or specialized skills such as wound care, IV therapy, and medication administration can earn higher pay rates.
- Duration of Assignment: LPN travel nurses working on short-term assignments or in high-demand areas can earn higher pay rates.
- Company: The travel nursing company you choose can affect your pay rates. Some companies offer higher pay rates but may have stricter policies and regulations.
FAQs
Q: How much do LPN travel nurses make per hour?
A: LPN travel nurses can make anywhere between $25-$40 per hour, depending on the location, facility type, experience, and demand-supply ratio.
Q: Are there any benefits of being an LPN travel nurse?
A: Yes, LPN travel nurses can enjoy a wide range of benefits such as higher pay rates, travel stipends, free housing, and health insurance. They also get to explore new places and work in different healthcare settings, which enhances their skills and experience.
Q: Is it necessary to have prior travel nursing experience to become an LPN travel nurse?
A: No, it’s not mandatory to have prior travel nursing experience to become an LPN travel nurse. However, having some experience may give you a competitive edge and better pay rates.
Conclusion
Becoming an LPN travel nurse can be a rewarding and fulfilling career choice. Understanding the pay rates and factors that affect them can help you make an informed decision and negotiate better compensation. As a final tip, make sure to research different travel nursing companies and their policies before signing a contract to get the best pay rates and benefits.