Figuring out the best ways to evaluate your job offer/salary as a new grad nurse might feel challenging. Below are some resources and strategies for benchmarking and deciding whether or not to accept that job offer!

Resource 1: RN Salary – What to Expect (Source: registerednursing.org)

The location of the healthcare system may play a large role in the salary being offered to you. This resource includes a salary comparison tool by city/state. It also compares nursing salaries from different job functions, varying levels of education, etc.

Resource 2: Villanova’s Graduate Outcomes Survey (Source: Villanova Career Center)

Did you know that the Villanova Career Center compiles data about where our graduates secure employment, continuing education, or other endeavors after leaving Villanova? This data shows that Villanova Class of 2024 graduates working in the healthcare industry earned an average of $79,636 annually. This data is not location-specific, though, and it is always best to consider multiple resources for benchmarking salary.

Resource 3: Labor Market Insights on Career Connections (Source: Career Connections)

Check out the bottom of the nursing industry pathways page for Labor Market Insights, in partnership with Lightcast. Select “registered nurses” as the relevant occupation, then the state and county in which you received your job offer. This resource not only shares average annual earnings in each percentile, but also includes employment trends and top employers.

Other resources such as the Occupational Outlook Handbook via the U.S. Bureau of Labor Statistics may also be helpful as you continue benchmarking. Additionally, NurseJournal provides information on budgeting and personal finance in their article, Personal Finance and Financial Wellness Tips for Nurses.

Lastly, remember that salary is only one factor of consideration when evaluating an offer in its entirety. Be sure to schedule an appointment on Handshake for personalized guidance on navigating your job offer!