With very little to no nurse practitioner experience, it’s natural to assume you won’t earn a top salary as a new grad. The same principle holds true for most professions. But, just how much can you expect to earn once you complete your nurse practitioner program?
There are a variety of sources to look to when it comes to determining nurse practitioner salaries, some more authoritative than others. Generally, these sources can be categorized into the official U.S. Bureau of Labor Statistics information and surveys conducted by professional organizations and companies. Since the U.S. Bureau of Labor Statistics doesn’t post information regarding nurse practitioner salaries based on level of experience, we’ll turn to surveys for our assessment.
Here’s how new grad(ish) nurse practitioner salaries compare to those of experienced colleagues:
< 5 Years Experience $98,071
6-10 Years Experience $104,950
< 5 Years Experience $84,850 (Base Salary), $91,060 (Total Income)
> 6 Years Experience $91,310 (Base Salary), $98,760 (Total Income)
< 5 Years Experience $90,000
> 5 Years Experience $97,000