NP Salaries Continue to Rise
Posted over 9 years ago by Nicholas M Perrino
"As in their practice scope and public stature, nurse practitioners made further strides in salary in 2014. According to the National Salary Survey of Nurse Practitioners, conducted annually by Nurse Practitioner Perspective and ADVANCE for NPs & PAs, full-time salaries for nurse practitioners rose by an average of almost $3,000 last year.
ADVANCE has gathered salary data on nurse practitioners since 1997. In that year, the average full-time salary for an NP was $52,532.
Salary Results
Our survey determined that in 2014, the average nurse practitioner working full time earned a salary of $101,621. Compared to 2013 earnings, full-time salaries for NPs rose by $2,804 - an increase of 2.8%.
For NPs working part time or being paid an hourly rate, the increase in pay was 7.02% - an increase of $3.61 per hour from 2013. NPs who are paid hourly reported earning $55.02 per hour in 2014.
Experience Changes
The average number of years in practice decreased from 8.9 in 2013 to 7.29 in 2014, reflecting the rapid rise of new NP graduates entering the profession."