How to Increase Your Income as an RN: 6 Ways

As a Registered Nurse (RN), you’re already giving your best every day, caring for patients and making a real difference. But have you ever wondered how you can increase your income while continuing to do what you love? Whether you’re exploring new opportunities or trying to maximize your current role, there are practical strategies that can help you grow both financially and professionally.

how to earn more money as an rn

How to Earn More Money as a Registered Nurse?

Let’s take a look at 6 ways on how you can take control of your earning potential while continuing to thrive in your nursing career. Ready? Let’s dive in…

1. Pursue Further Education & Certifications

One of the most effective ways to increase your income is by advancing your education and earning certifications. Degrees like a Bachelor of Science in Nursing (BSN) or a Master of Science in Nursing (MSN) can lead to higher-paying positions in leadership or specialized roles, such as nurse practitioners or healthcare administrators.

Certifications, like Critical Care Registered Nurse (CCRN) or Certified Emergency Nurse (CEN), can also boost your marketability, allowing you to step into high-paying specialties such as critical care or emergency nursing.

The good news is that many RN-to-BSN programs let you continue working while pursuing your degree, so you don’t have to step away from your job to invest in your future.

2. Explore High-Paying Nursing Specialties

Specializing in a specific area of nursing is a great way to boost your income. High-paying specialties, such as Certified Registered Nurse Anesthetists (CRNAs) or Nurse Practitioners (NPs), require extra training but come with significant financial rewards. Here are some specialties worth considering:

  • Certified Registered Nurse Anesthetist (CRNA): Earns between $139,980 to $239,200+ annually. Becoming a CRNA requires a master’s or doctoral degree.
  • Certified Nurse Midwife (CNM): Salary ranges from $87,320 to $177,530 per year. A master’s in nurse-midwifery is required.
  • Neonatal Intensive Care Unit Nurse (NICU): Earns between $92,000 and $166,499 annually. Experience and neonatal certifications are often required.
  • Nurse Practitioner (NP): The salary ranges from $94,530 to $168,030. Requires a master’s degree and state certification.
  • Clinical Nurse Specialist (CNS): Annual salaries range from $95,079 to $214,906. They need advanced degrees and certification.
  • Psychiatric Mental Health Nurse Practitioner (PMHNP): Salaries range from $103,813 to $240,708 per year. Requires specialized training and certification.

These specialties require extra education and certifications but offer great pay and career growth.

3. Apply to Nursing Manager Jobs

Nurse manager organizing the nurse team

Taking on a leadership role, like a charge nurse or nurse manager, can increase your salary. Charge nurses manage teams, oversee patient care, and handle administrative tasks, earning an average of $99,827 per year.

These roles come with more responsibility, but they provide valuable leadership experience and open doors to further career advancement.

4. Optimize Your Shift Schedule

If you’re looking to increase your income without a major career change, adjusting your shift schedule is a simple yet effective way to earn more as a nurse. Working overtime or taking on night/weekend shifts can significantly increase your earnings. Many hospitals offer shift differentials, meaning that night, evening, or weekend shifts come with additional pay—sometimes as much as 10-20% more per hour.

While the extra hours can increase your paycheck, be mindful of burnout—balance is key.

5. Leverage Staffing Agencies for High-Paying Opportunities

Healthcare staffing agencies can be a real game-changer. These agencies connect RNs like you with high-paying jobs, including temp-to-hire, contract nursing or travel nursing opportunities that often come with competitive pay—and you get the flexibility to choose assignments that fit your schedule.

Male nurse checking job opportunities on mobile

To make sure you’re landing the best opportunities, go with agencies that have a strong reputation in healthcare staffing. Look for ones that specialize in nursing and have solid connections with top healthcare facilities.

Agencies like TAG MedStaffing can help you find great job options across the U.S., offering positions that match your experience and skills.

6. Consider Travel Nursing

If you’re up for some adventure and want to earn more, travel nursing could be the perfect fit. As a travel nurse, you’ll take on short-term assignments in different locations, often with higher pay than traditional nursing jobs.

In fact, travel nurses can earn up to 30% more than staff nurses in some cases, this is because of the demand for skilled nurses in different locations. Plus, you get the benefit of travel stipends and bonuses in most of the cases.

Wrapping It Up: Your Path to a Higher RN Income

To sum up, boosting your income as a Registered Nurse doesn’t mean you need to change careers—there are numerous ways to grow financially while continuing to care for patients.

Whether it’s advancing your education, specializing in high-demand fields, adjusting your shifts, or exploring travel nursing, the opportunities are diverse.

Applying any of these six strategies can help you enhance your earning potential and keep making a meaningful difference in healthcare.

About TAG MedStaffing

We connect skilled healthcare professionals with leading medical organizations nationwide, offering temporary, temp-to-hire, direct hire, and executive placement opportunities.

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