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.
We conducted our annual survey using an online questionnaire created and processed on the Fluid Surveys platform. Fluid Surveys specializes in online data collection.
The survey was live from June 1 through Nov. 30, 2014, and collected 1,836 responses from practicing NPs. Because the survey is focused on NPs, respondents who self-identified as nurse midwives, nurse anesthetists or clinical nurse specialists were not tabulated.
ADVANCE has gathered salary data on nurse practitioners since 1997. In that year, the average full-time salary for an NP was $52,532.
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.
See the table for an overview of this data and how it compares to national averages over the past 5 years.
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.
Our past surveys had collected information about gender and age, but an error in survey design prevented our ability to accurately capture this information in 2014. We will collect more complete demographic data on respondents in the 2015 survey.
We will share additional data from the 2014 National Salary Survey of Nurse Practitioners on our website in February, March and April. Visit www.advanceweb.com/NPPA often to view and download detailed reports on salary by practice setting, state and academic degree.
To receive notification of these focused reports as they become available, sign up for our free e-newsletter using the form posted in the upper right corner of our homepage.
A Note About Privacy
Nurse Practitioner Perspective values reader and respondent privacy, and we will never share or inappropriately use personal data obtained during the salary survey data collection process.
We collect city, state, geographic setting and specialty information to present an accurate view of the demographics of the respondents. Our goal is to provide the most accurate and representative data about salary and workplace issues for NPs.
We thank the respondents who took the time to complete the 2014 survey, and we hope for even higher participation in 2015. Please share these results with your colleagues and encourage them to participate in our next annual salary survey. Data collection for the 2015 survey opens June 1 at www.advanceweb.com/NPPA.
Kristen Hopf is a freelance writer who lives in Denver.