This article provided by: Aya Healthcare
There are multiple variables that will determine if you’re seeking a travel RN extension. Sometime around week 8 (or after) you should start considering if you would be interested in a Contract extension. Many facilities will approach you right away for a contract extension, I don’t recommend that you entertain this until at least week 9 of your travel nurse contract. By week 9 you will know if the facility is a good fit. Do you like the facility? Can you get along with the work load? Is there is enough ‘tourism’ in the area to keep you interested for an extension.
Travel RN Extension:
Factors to Consider:
- Do you like working at the Facility?
- Is the work-load manageable?
- Are there still things that you want to explore/do In the local area?
- Do you have any family or other obligations that will require you to be in a particular area?
- Are there upcoming Holidays that would effect a possible extension?
Negotiating the Contract Extension:
There are costs that occur at the start of a contract, that aren’t valid on an extension. These additional cost can add up to money in your pocket for an extension. There are multiple items that you can and should consider when negotiating an extension:
- Flight Home
- Time Off without Housing Penalties
- Housing Changes
- Length of Extension
Travel Nurse contract extensions are a cost benefit (most times) for everyone involved. The hospital has already ‘trained’ you and you continuing on enables the hospital to avoid having to train a new traveler. They don’t have to send you through orientation again and will save costs there. A hospital may also look at you extending as a compliment. You have enjoyed working at the hospital well enough to stay a bit longer.
For the Staffing Agency, you offer a cost savings from multiple standpoints by extending. These include on-boarding, medical testing, background checks, and more.
For you (this is the most important, right?) You will benefit by not incurring the added expenses of moving to a new location. Although some of your expenses are covered by the Staffing agency when taking a new contract, there are still out of pocket expenses that you incur as a Travel Nurse. You will also avoid time off without pay (unless you choose to take time off between the original contract and the extension).
What do you negotiate for with a contract extension? Do you extend early in the contract or wait until close to the end? Post your thoughts in the comments below.