Medscape released their RN/LPN Compensation Report for 2018.
Medscape surveyed 10,282 nurses about their annual earnings, which were calculated based on 2017 compensation.
Here are the key nursing salary statistics to know:
1. The average full-time earnings for RNs and LPNs were $81,000 and $46,000, respectively.
2. The average full-time earnings for RNs in 2016 were $80,000. Average salaries for LPNs did not change from 2016.
3. Medscape said their findings suggest a flattening of RN and LPN wages, which may be due to older and higher paid nurses retiring.
4. Fewer RNs and LPNs reported working full time in 2017 compared to 2016, with 75 percent of RNs working full time and 80 percent of LPNs in 2017. Eighty-one percent of RNs worked full time in 2016, and 82 percent of LPNs worked full time in 2016.
5. RNs reported making $37 per hour on average, compared to $22 for LPNs.
6. Salaried RNs make $84,000 per year on average, slightly more than RNS paid by the hour, who report $78,000 per year in average compensation. Salaried LPNs are paid $51,000, compared to LPNs paid by the hour, who report $45,000 in average compensation.
7. Male nurses made on average $4,000 more per year than female nurses. Only 8 to 10 percent of nurses are men, according to Medscape. Hourly wages were about the same for men and women, with male and female RNs making on average $37 per hour. Male LPNs made on average $23 an hour, compared to $22 for female LPNs.
8. Male nurses were more likely to take higher-paying positions than women, and were more likely to work overtime, according to the report.