What is a new grad RN sign on bonus?

A New Grad RN Sign On Bonus is a financial incentive offered by healthcare employers to newly graduated registered nurses who accept a job offer. This bonus is designed to attract new nurses to join their team, often to address staffing shortages or to encourage early career professionals to choose their facility. The amount and eligibility requirements for the sign-on bonus can vary depending on the employer, location, and current demand for nurses. Typically, nurses must commit to work for a certain period, such as one or two years, to receive the full bonus. It's important to review the terms carefully before accepting an offer.