Projection of RN Salary in Florida

The anticipated work location is the state of Florida. According to salary.com, the projected monthly salary is $ 7,992 which represent an annual salary of $ 95,902. Table 1 shows the budgeted expenditure against the estimated salary income. After expense deduction, a net balance of $ 2,618 will be realized. The balance will be saved on mutual funds as a soft investment during my working period. The pie chart and the bar graph are the representation of projected salary income and the expenditures.

Table 1: RN-Occupational health Budgeted income and expenditures

Item

Amount ($)

Amount ($)

projected salary

7,992

Housing and living expenses

1,692

Food

782

Student loan repayment

100

Transportation

400

childcare

500

Credit card or other debt

100

Car loans

200

Continuous medical expenses

300

Emergency savings

100

Retirement savings

500

Long term goal spending’s

500

Discretionary spending

200

5,374

Balance /savings account

2,618

Figure 2: RN salary estimation (salary.com)

Work cited

Salary.com. "Salary.Com Salary Wizard- Do You Know What You're Worth?". Swz.Salary.Com, 2018, https://swz.salary.com/salarywizard/Staff-Nurse-RN-Occupational-Health-Monthly-Salary-Details-Florida-NY.aspx?&edu=EDLEV4&yrs=3.5&drpt=DR03&pfm=PR04. Accessed 2 Dec 2018.