Signing a new travel nurse contract marks the beginning of an eagerly anticipated adventure. It's a moment filled with excitement, knowing you're about to embark on a new journey. Yet, it's natural to approach this step with caution, ensuring the agreement reflects your expectations and safeguards your interests. In collaboration with Reva Lewis, a dedicated NICU travel nurse with eight years of experience and a strong advocate for nurse empowerment, we've delved into the essential insights and common pitfalls of travel nurse agreements. You can watch the full event here or scroll down for the highlights, ensuring you're fully prepared to sign your next contract with confidence.
Travel nurse contracts are agreements between healthcare facilities and nurses who are willing to work temporary assignments in various locations. These contracts outline the terms of employment, including duration, compensation, benefits, and specific job responsibilities.
A stipend, or per diem, is a predetermined, fixed amount of tax-free money provided to the nurse on top of their regular salary to cover specific expenses incurred while on assignment away from their permanent residence.
These stipends typically cover costs for housing and meals. Be sure to read our full travel nurse tax guide to ensure you qualify for stipend pay.
Taxable wages refer to the portion of the nurse's compensation that is subject to federal, state, and local income taxes, as well as other payroll deductions such as Social Security and Medicare contributions.
These wages typically include:
Make sure to note this information is accurate and within all agreements:
Do’s
Don’ts
Taking the time to address these questions can help ensure that you enter into the travel nurse agreement with confidence and clarity.
We hope this recap has armed you with the knowledge and confidence needed to navigate your next travel nurse contract with ease. Understanding the ins and outs of these agreements is crucial to ensuring a fulfilling and rewarding experience on your next assignment. You can also read our comprehensive Travel Nurse Contracts Guide for even more insights, tips, and strategies to empower you in your career journey.
And if you're itching to put this knowledge into practice, we've got you covered. Search travel nurse jobs with Trusted and discover a world of opportunities waiting for you! At Trusted, we're more than a platform; we're your partner in carving out the career path you've always dreamed of.