Becoming a Travel Nurse is an incredibly rewarding experience – one that allows you to explore the world and gain invaluable clinical experience in different settings. One of the main draws of this profession is the promise of “guaranteed pay”, but what does this really mean? Let’s look at some of the facts about travel nurse guaranteed pay below:
- Guaranteed pay guarantees your base salary for the length of your contract, which can be up to 13 weeks. Your salary will not change regardless of how many hours you work or any other factors.
- Although you are guaranteed a certain amount each week, this amount may fluctuate depending on housing costs or other unforeseen circumstances. This means that it’s important to budget ahead and make sure that there are enough funds available to cover these potential changes.
- Guaranteed pay also includes benefits such as health insurance, malpractice insurance, and 401(k). The specifics will vary by facility/provider so make sure to ask about these details before signing any contracts.
- Lastly, even if you have signed a guaranteed pay agreement with a facility/provider, it is still important to maintain excellent communication with them. Make sure to stay updated on any changes or updates related to the agreement and always ensure that all paperwork is completed before starting work to guarantee payment.
All in all, knowing the truth about travel nurse “guaranteed pay” agreements can help ensure that you get the most out of your experience as a travelling nurse! Understanding this concept and setting realistic expectations before signing any contracts is essential for ensuring a successful assignment where both sides win!
