AMGA Survey Reveals Median Compensation for 16 Registered Nurse Specialties

The American Medical Group Association released its 2024 Nursing Specialty Compensation and Pay Practices Survey, providing insights into median total compensation for 16 RN specialties. The survey reveals Surgery - OR/pre-op/recovery RNs have the highest median total compensation at $94,110 per year.

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Bijay Laxmi
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AMGA Survey Reveals Median Compensation for 16 Registered Nurse Specialties

AMGA Survey Reveals Median Compensation for 16 Registered Nurse Specialties

The American Medical Group Association (AMGA) has released its 2024 Nursing Specialty Compensation and Pay Practices Survey, providing insights into the median total compensation for 16 registered nurse (RN) specialties across the United States. The survey, conducted in collaboration with Korn Ferry, gathered data from 39 organizations representing over 127,000 RNs and nearly 4,000 locations.

Why this matters: The survey's findings have significant implications for the healthcare industry, as it provides valuable insights for healthcare organizations to attract and retain top nursing talent amidst a growing demand for skilled nurses. This data can inform strategies to address the projected shortage of registered nurses, ensuring that patients receive high-quality care.

The survey reveals that Surgery - OR/pre-op/recovery RNs have the highest median total compensation at $94,110 per year. On the other end of the spectrum, Primary care RNs have the lowest median total compensation at $81,557 annually. Other specialties with high median total compensation include Inpatient mental health ($88,504), Emergency department ($87,526), Critical care/ICU - specialty ($87,339), and Telemetry/monitored ($87,100).

In addition to the median total compensation, the AMGA survey also reports the median average hourly base rate for RNs across the various specialties. This data provides a comprehensive view of the compensation landscape for registered nurses in the US.

The survey's findings come at a time when the demand for skilled nurses continues to grow. According to the U.S. Bureau of Labor Statistics, employment of registered nurses is projected to increase 6 percent from 2021 to 2031, adding about 195,400 new jobs. This growth is driven by an aging population, increasing rates of chronic conditions, and the ongoing need for healthcare services.

The AMGA's 2024 Nursing Specialty Compensation and Pay Practices Survey provides valuable benchmarking data for healthcare organizations looking to attract and retain top nursing talent. By offering competitive compensation packages aligned with market rates, employers can ensure they have the skilled workforce needed to deliver high-quality patient care.