2024 RN compensation: 10 things to know

Registered nurses earn an average annual total compensation of $95,000 in 2024, up nearly 7% from the year prior, according to Medscape’s 2024 study, “Gains Made, but a Ways to Go: Medscape RN/LPN Compensation Report,” published Oct. 2. 

Advertisement

Here are nine additional things to know about RN compensation: 

1. A majority of RNs, 61%, saw a 1% to 10% pay increase in the last year. 

2. Around half of RNs (48%) feel unfairly compensated in 2024. 

3. Hourly RNs earn around $48 an hour when working full time, or $49 an hour part time. 

4. Salaried RNs have the upperhand over hourly RNs, earning an average of $99,000 yearly, compared to $92,000. 

5. RNs working in the hospital inpatient setting earn more than their counterparts in other settings, at $100,000. 

6. For 58% RNs, holding additional specialty certifications does not increase compensation. 

7. RNs working in the Pacific region (Alaska, Hawaii, Oregon, Washington and California) earn the highest wages, at $119,000. 

8. Female RNs earn $10,000 less than their male counterparts, at $94,000 and $104,000, respectively. 

9. Unionized RNs earn significantly more than their non-union counterparts, at $106,000 and $93,000, respectively. 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.