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Most registered nurses start working with competitive salaries. The median annual salary for registered nurses was $80,000 per year as of June 2020, according to the Bureau of Labor Statistics (BLS.) The lowest 10 percent of RN's earned less than $70,000, and the highest 10 percent earned more than $101,360 for 2015. [42]
U.S. states and territories by annual median wage 2021 (in current dollars) National rank State or territory Median wage in US$ [4] Average earnings in US$ [3] 1
The average hourly practical nursing salary at the entry level is 24.00 CAD an hour. The highest practical nursing salary at the experienced level is 36.00 CAD. [11] However, some practical nurses may make upwards of 40.00 CAD an hour. Many nurses also receive overtime compensation for the long hours and understaffing of many institutions.
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
Those jobs and those of similar levels of responsibility might all be included in a named or numbered pay band that prescribed a range of pay, (e.g. Band 1 = $10–17 per hour). The next level/classification of a group of similar jobs would include increased responsibility, and thus a higher pay band (e.g. Band 2 = $13–21 per hour).
At the same time, he noted, 1 in 5 adults provide uncompensated care and spend an average of $7,200 per year on costs associated with such care.
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