Housing provisions are one of the benefits offered by travel nursing agencies that can make the nursing assignment package attractive. As we mentioned, you are usually offered two options when it comes to nursing trips. The agency can provide you with some housing options or choose your own. So what is a housing stipend and how does it work? Traveling nurses usually have two options when it comes to housing.
They can accept agency-provided housing, if available, or a housing stipend and find housing independently. On average, a travel nurse assignment will last 13 weeks, and yet they can finish in as little as 8 weeks or last up to 26 weeks or longer. The GSA bases these maximum amounts on location and short-term stays, which are often more expensive than actual travel nurse assignments. Understanding the components of accommodation stipends for travel nurses can help you decide if this is a profession you would like to pursue.
I grew up immersed in my parents' hospitality business and interacted with 30,000 travelers before spending a decade traveling the world digitizing banks on five continents. The General Services Administration (GSA), which aims to ensure the basic functioning of government agencies, determines the maximum amount for travel nurse accommodation stipends that agencies use as a comparison when establishing their own stipends. Next, we'll look at the top 6 websites that travel nurses use when they move from one task to the next. Think of the billing rate as a money pie that needs to cover all the costs associated with a travel nursing assignment.
A benefit that travel nurses typically receive as part of their compensation packages is a housing stipend, which they can use to pay for accommodation while they are on assignment. Instead, the money for the housing stipend, like all components of the travel nursing payment package, comes from the bill rate. While an accommodation stipend for travel nurses and a travel allowance are compensation packages for those working on temporary health care assignments, they vary in how often employers provide them. With covered parking available to guests, travel nurses can bring a car for personal use and take the MetroRail to TMC for quick access to their hospitals.
While it may require a little research and effort, you could make significant gains on your housing stipend over time and create your travel nursing experiences as profitable as they are liberating. But what if a traveling nurse is close enough to home that she can return home between shifts? As a result, they would only need to pay for the accommodation 2 to 4 days per week. A housing stipend for travel nurses is beneficial to healthcare professionals because it helps them find housing and meet rent payments.