pay

Heated competition for nurses sparks incentive pay arms race

Heated competition for nurses sparks incentive pay arms race

Last month, hospitals across New Hampshire announced they were raising their wage floors as part of a “market adjustment” to stay competitive amid a labor shortage by offering a minimum $15 to $17 an hour.

But that’s only part of the story. Most registered nurses already get paid roughly twice as much as that, and third-party staffing agencies commissioned by local hospitals are now offering up to $200 an hour for travelling nurse rates.