Several factors influence nursing compensation, including:
Geographic Location: Nurses in urban areas or regions with a high cost of living typically earn higher salaries than those in rural areas. Experience Level: More experienced nurses generally earn higher wages. Education and Certifications: Advanced degrees and specialized certifications can lead to higher pay. Type of Healthcare Facility: Compensation can vary between hospitals, clinics, long-term care facilities, and home healthcare services. Demand and Supply: Areas with nursing shortages often offer higher salaries to attract professionals.