Higher Online Education and Increased Salaries

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Higher Online Education and Increased Salaries
Future of Nursing: Part 3

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Nurses continue to seek higher online education. By the end of the year, the Institute of Medicine (IOM) aims to increase the percentage of healthcare workers holding BSNs to 80%. This report also aimed for twice the number of nurses holding a doctoral degree. The physician shortage causes a need for direct care providers. NPs seek doctoral-level programs to help close the gap. In the next couple of years, many nurses will seek online RN to BSN, MSN-FNP, and online Post-Master’s FNP Certificate programs.

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The emphasis on higher education traces back to several studies reporting that a negative correlation exists between nurses with BSNs and patient mortality. In other words, patients are less at risk with nurses holding a higher education. In 2018, New York became the first state to require nurses to earn their BSN within 10 years of receiving their license. Many other states will likely adopt this law as well.

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As a result of recent legislative changes, the stress on nurses to obtain higher education is more powerful than ever. Universities have thus expanded their online resources not only to meet nurses’ hectic schedules but also to avoid crowded classrooms due to COVID-19. Also, healthcare organizations offer programs for nurses so that they will not drown in the younger competition with high education. Many of these programs promise better job security and increased pay after completion.

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Higher education and certification completions are important factors when it comes to a nurse’s salary. It is no surprise that nurses with more education are compensated more. For instance, the median pay for a nurse with a doctorate degree is $103,000, while the median pay for nurses with only bachelors degree is around $70,600 and associate degree is $59,000 year.

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Differences in pay are also due to the type of nurse you are. Nurse Practitioners receive higher wages compared to Registered Nurses and this is due to higher education. Becoming a Nurse Practitioner requires a four- year degree with either a master’s or doctorate – along with several years of practical experience. While minimal education required to become a Registered Nurse is an associate degree in nursing.

Over the next couple of years, we can anticipate seeing an increase in higher education and specialization among nurses to help close the gap and ensure high-quality, patient-centered care across the nation.

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Your Healthcare Career Counselor

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RNa Partners works hard to place healthcare professionals with the industry’s top healthcare providers nationwide. We strive to find you an employer with which you can thrive and build a career. We provide a high-quality experience throughout your job search; you are never just a resume to us. We’ll help you navigate the healthcare job market, polish up your interviewing skills and direct you toward the best healthcare facilities in your area. Contact us today.

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