A new study links the nursing shortage in the US with salary figures lagging behind inflation rates. The study covers the period between 1996 and 2000, when there was a notable shortage in US nursing staff coinciding with a salary range below the inflation rate. When salaries were increased, there was a significant 9.2 percent increase in the nursing staff. I wonder if this increase came from the US, or from international manpower sources like the Philippines.
The lowest median wage for US nurses quoted in the study, came from the Memphis area, where the wage was $19.50 per hour. In today's exchange rates, this around P1,000 per hour. A nursing shift is about 8 hours, so that's about P8,000 per shift. Not bad, if you ask me. P8,000 is a month's salary here. And I'm doing my math at a time when the Philippine peso is stronger. Imagine the rates years ago.
The highest median wage is in Oakland, CA where the pay is $39 per hour or nearly P2,000 using today's rates. That's a cool P16,000 per nursing shift. Whoa! I hear there are even signing bonuses and relocation fees provided today with each new nurse hired.
No wonder even doctors here want to be nurses abroad.