An RN float pool is a group of nurses who are able to work in any hospital unit on any particular day. Hospitals may utilize RN float pools to alleviate issues in hard-to-staff areas.
Here are seven statistics on RN float pool pay last year, according to the Integrated Healthcare Strategies spring 2012 survey of salary increases, incentives and benefits.
• Only 38.5 percent of organizations pay float pool RNs the same as typical staff RNs.
• Another 27.5 percent pay a flat dollar differential for those in the float pool.
• Roughly 17 percent of hospitals and health systems pay float pool RNs in a higher pay grade or rate than staff RNs.
• About 14.7 percent of respondents pay float pool RNs a separate differential for being in the float pool.
• If float pool RNs are paid a different rate, it’s 15 percent higher on average.
• The percent differential average is 20 percent, and the flat-dollar median differential is $3.25 per hour.
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