The majority of hospitals in New Jersey have been awarded Magnet status by the American Nurses’ Credentialing Center (ANCC). This is due in no small part to the fact that their nursing staff is comprised largely of nurses that hold advanced degrees and who have established a strong track record for commendable patient outcomes, low rates of infection and low readmittance rates.
As reported in New Jersey Business magazine in September 2015, a nurse’s level of education is directly tied to their ability to improve patient outcomes. As a result, the New Jersey healthcare system does not just need more nurses. It needs more highly educated, skilled and specialized nurses. As a result, employers in New Jersey often offer a premium for DNP-educated APRNs and administrators.
Even by 2014, New Jersey was awarding those in advanced nursing roles some of the best salaries in the nation. In fact, the United States Department of Labor reported that:
- New Jersey was the third highest paying state for postsecondary nursing instructors and teachers in the country. These postsecondary nursing instructors and teachers received an average annual salary of over $87,500.
- New Jersey was also the fourth highest paying state for medical and health services managers in the country. The nursing administrators employed here were paid an average annual salary of over $115,000.
- The Camden, New Jersey metropolitan division was among the top ten highest paying metropolitan areas for nurse midwives in the country. Nurse midwives working here earned an average annual salary of over $108,000.
Salaries for DNP-Educated Nurses in New Jersey According to Role
In 2014, the New Jersey Department of Labor and Workforce Development published the following salary data. Shown here are the 75th percentile average salaries for each role to account for the fact that DNP-prepared nurses routinely earn salaries that fall within the top 25% of their profession:
Nurse Administrators and Executives:
- Camden – $126,550
- Edison – $123,500
- Newark – $127,550
- Camden – $116,690
- Newark – $119,560
- Newark – $114,660
Health Diagnosing and Treating Practitioners:
- Camden – $95,200
- Edison – $87,640
- Newark – $112,550
- Edison – $96,900
- Newark – $109,840
In February 2016, a local employer posted an online advertisement on the job aggregation website indeed.com that specifically targeted MSN and DNP-educated nurses in New Jersey. Clincial Management Consultants in Westwood, NJ offered a starting salary of $92,345-$135,984 to a qualified endocrinology nurse practitioner. This salary range was based on professional experience and education, illustrating how a DNP-prepared nurse can command a starting salary that is tens of thousands more than their master’s-prepared peers.
DNP Salaries by Role and Profession Across New Jersey
The 75th and 90th percentile salary groupings are shown for New Jersey’s advanced clinical practitioners, clinical instructors and administrators to best represent the high pay rates DNP-prepared nurses earn (US Department of Labor, 2014):
This page includes salaries that fall within the 75th and 90th percentiles for each nursing role to account for the fact that DNP-educated nurses are recognized as earning more than master’s-prepared nurses in the same roles.
*These values are equal to or greater than $90 an hour and $187,199 per year. The US Department of Labor, Bureau of Labor Statistics does not report salary data higher than these values.