A nurse manager supervises nurses and monitors their patient care, as well as helps with recruitment and retention of nursing staff. Nurse managers can earn six-figure salaries with those in the US earning well over $112,000 per year compared to AU$167,000 ($130,601 USD) in Australia, C115,000 ($91,209 USD) in Canada and NZ$140,000 ($97,610 USD) in New Zealand. Average earnings in the UK for nurse managers exceed £63,000 ($74,526 USD) per year while those in South Africa earn more than R447,000 ($32,797 USD) and nearly R867,000 ($13,317 USD) in India. This guide explores earning potential for nurse managers and provides information on salary variances by geographic region, professional experience, and work setting.
How Much Does a Nurse Manager Make per Year?
The chart below includes annual and hourly earnings for nurse managers in select countries.
|Nurse Manager Salary||US||Canada||UK||Australia||New Zealand||India||South Africa|
Factors that Influence the Nurse Manager Salary
Nurse managers have earned their position after already having excelled in patient care as a nurse provider; therefore, they already some professional experience in the nursing field. In addition to professional experience, geographic region and work setting also have the potential to affect earning potential.
1. Geographic Area
Nurse Manager Salary in US
Nurse managers in the US earn an annual salary between more than $85,000 and nearly $132,000, on average. More than $7,000 in additional income can be earned through bonus pay incentives. Those paid an hourly wage receive about $54 per hour, equating to more than $112,000 for the average annual salary.
Nurse Manager Salary in Canada
In Canada, nurse managers earn more than C$115,000 per year, or C$55 per hour, plus well over C$7,000 in bonus earnings. A new nurse manager receives more than C$87,000 annually, while those with the most experience and responsibility earn about $135,000 per year.
Nurse Manager Salary in UK
As a nurse manager in the UK, earnings average more than £63,000 per year, plus an additional £4,000 or more in bonus income. Hourly wage earners receive about £30 per hour. Nurse managers who are beginning their career see an average annual salary of about £48,000, while senior level nurse managers make about £74,000 annually.
Nurse Manager Salary in Australia
In Australia, the average annual salary for nurse managers ranges from about AU$127,000 for entry level positions to about AU$196,000 for those in senior level positions. On average, nurse managers earn more than AU$167,000 per year, or AU$80 per hour, and bonus income can add nearly AU$11,000 to overall earnings.
Nurse Manager Salary in New Zealand
Nurse managers in New Zealand make an average annual income of more than NZ$140,000, with about NZ$9,000 available in bonus earnings. Those earning an hourly wage make about NZ$67 per hour. New nurse managers earn more than NZ$106,000 per year, and incomes continue to rise with experience to more than NZ$164,000 annually.
Nurse Manager Salary in India
As a nurse manager in India, the average annual salary is about Rs867,000 per year, equating to an average hourly wage of about Rs417. There is potential to add more than Rs55,000 to overall earnings through bonus income. New nurse managers make more than Rs666,000 annually compared to senior level professionals who see average earnings top Rs1,030,000 per year.
Nurse Manager Salary in South Africa
In South Africa, nurse managers receive more than R447,000 in yearly earnings, plus close to R29,000 in additional bonus income. The average hourly wage is about R215 per hour. Entry level nurse managers receive nearly R342,000 per year, while those in senior level positions earn about R528,000 annually.
The difference between senior level and entry level pay is about 54% to 55%, demonstrating the role experience plays in increased earning potential. In the US, senior level nurse managers earn about $47,000 more than those new to the position, an increase of 55%. While India offers lower salaries in comparison to other countries included in this guide, those at the senior level earn Rs364,000 more per year compared to their entry level colleagues.
Nurse managers work in hospitals, clinics, nursing homes, or large physician practices with large nursing staffs. Those employed in for-profit hospitals may receive higher pay due to an increased level of responsibility with 24-hour care needs and acute care patients compared to those managing nursing staffs in physician offices. Additionally, for-profit organizations often provide bonus opportunities that may not be available in nonprofit settings.
Those employed in hospitals or facilities providing 24-hour care may work a varied schedule that includes some day time shifts and night time shifts at other times. There may also be times when weekend and holiday work is necessary. Nurse managers employed in physician offices typically work during normal office hours, with occasional extended times needed. Nurse managers typically work a full-time schedule between 36 and 40 hours per week, and some may be eligible for overtime pay that can offer double the hourly wage.
Bonuses and Benefit Packages
Healthcare coverage and paid time off are staples in benefits packages for nurse managers. Some employers offer a variety of additional benefits that may include retirement plans and allowances for training, meals, and other perks. Bonus pay is common, though this income may be more prevalent in for-profit settings.
Growth among registered nurses, including nurse managers, is estimated by the US Bureau of Labor Statistics to hit 16% through 2024. Nursing needs, and those managing these staff members, are expected to rise with an aging population, increased number of people diagnosed with chronic illness, improved access to medical care and treatment, and advancements in medicine. Nurse managers must have a minimum of a bachelor’s degree in nursing; however, some have master’s degrees that may help them achieve competitive positions or earn higher pay.
Nurse managers are professionals who have patient care experience and have ultimately been promoted to these supervisory positions. They earn solid incomes that can exceed six-figures, as well as full benefits packages and opportunities for bonus pay. The need for nurse managers is expected to continue increasing, likely supporting income and providing good job opportunities for future employment.