NR510 week 3 part 3 - Discussion Part Three part III...

Discussion Part Three part III
Discussion Question : Week Three part III: What salary would you propose for the contract renewal?
Use logical reasoning and provide evidence based rationales for your decisions. Keep in mind that your
negotiation terms and conditions must be within the legal scope of practice for an ANP.
Salary is a sensitive subject for both the advance nurse practitioner (ANP) and the employer. I would
compare my current salary to the recent reported median salary in the area. Base salary is usually the
first matter an employer addresses in a job offer. An ANP’s salary should be based on the ANP specialty
and the average ANP salary in the geographic area. It is important to conduct research and collect data
on practicing nurse practitioners, such as the National Salary Survey of Nurse Practitioners conducted
by ADVANCE. It is also important to network with ANPs in the same geographic area and specialty to
get an idea of a typical salary. The concept of salary negotiation seems simple, however it is a difficult