I am a nurse practitioner with 10 years experience. I have been asked to join a gastroenterology group. What salary range is reasonable?
Question: I am a nurse practitioner with 10 years experience. I have been asked to join a gastroenterology group. What salary range is reasonable?
Answer: According to the 2007 American Academy of Nurse Practitioners (AANP) Compensation Survey, the full-time, mean base salary for NPs is $81,060, with an average total income of $87,400. AANP segregates by years of experience or specialty. The full report is here: www.aanp.org.
Another source, The Physician Compensation and Production Survey: 2006 Report Based on 2005 Data from the Medical Group Management Association (MGMA), says that mean compensation for NPs is $72,616; the 75th and 90th percentiles are $81,435 and $94,726, respectively. (This is an aggregate for all NPs.)
You’ll want to look at the total compensation package, of course, including benefits, time off, perks like flex time, and intangibles like work environment.
FIND OUT MORE
How much should you pay your staff?