As a registered nurse you have the option of getting a Bachelor of Nursing Degree, or a BSN, which is a clear advantage in the field of nursing. Why is that? Because BSN nurses have the possibility of becoming managers and work with insurance and pharmaceutical companies. There are many factors that influence the salary of a BSN nurse, such as experience, specialty and even the location.

Experience

It’s no doubt that with experience comes more money. BSN nurses with less than a year of experience will earn up to $50,000 a year. Between 5 and 9 years of experience will earn you $60,000 and if you have more than 20 years, the salary goes up to around $70,000 a year.

Location

The best paid location for BSN nurses is the state of New York, where as a BSN nurse you can earn up to $65,000 a year. In Chicago the median salary is $55,000 a year and in Dallas $56,000. If you work in rural areas you can expect a financial jump in your salary because there is usually a shortage of BSN nurses in the rural areas. Do some online research and see which areas are in need of BSN nurses, they are sure to pay better.

Specialty

A BSN nurse’s salary in highly influenced by the specialty field: a clinical nurse manager can earn up to $66,000 a year and a nurse manager, $68,000.

Industry

The industry you plan of choosing will have an impact on your salary. For example physician’s offices pay more than hospitals do, so do home health care companies. As with any other job, the better you are, the more successful and the more money you will get.

As a registered nurse you have certain job limitations, so if you want to focus on more administrative positions it is required that you have a BSN. The greater the responsibilities the greater the financial rewards, so if you want to advance in your filed of work, it is a good idea to get a Bachelor Degree of Nursing. You can even make the transition between RN to BSN online, because as a registered nurse your previous experience will be recognized, thus making your transitions easier (requiring 2 or 3 years of studies). If you want to learn more about the transition, you can ask your supervisor or simply go online and see what options there are in your area.