It makes no direct comparison of wages for foreign & US trained nurses, nor any judgement on the matter.
It doesn't address the question of foreign-trained nurses "taking jobs away" from native-trained nurses.
It does, however, note that foreign-trained nurses constitute an increasing % of total nurses, notes that this can save institutions $$, & suggests it may not be the best strategy to address the nursing shortage.
"Although hospitals agree that the initial cost of recruiting foreign nurses is higher than that of hiring domestic nurses, many feel that they save money in the long run because of reduced turnover and the agency’s assurance of full or partial remuneration if recruited nurses fail their contractual obligations. (Note: The recruiting fees that jack up the initial cost, btw, go mostly to the recruiting agencies, not the nurses - money that could be put into training more nurses in the US).
Recruiting abroad may also be less costly than raising salaries, increasing benefits, and providing other economic incentives needed to retain domestic nurses. Under the terms and conditions of hiring foreign nurses from recruiting agencies, therefore, hospitals enter into a relatively risk-free arrangement that provides further incentive for procuring staff abroad. Strategies for such recruitment at one facility are described in a 2003 AHA report on workplace innovations.38
The advantages of recruiting foreign nurses have had particular appeal for long-term care facilities. Since 1989 nursing homes have secured foreign nurses through an "attestation" process stipulated in the Immigration Nursing Relief Act (INRA).39 In recent years recruitment agencies have capitalized on the crisis in long-term care staffing, partnering with nursing home operators to provide nurses from several countries.40 Long-term care institutions will likely continue to look abroad to fill nearly 14,000 staff RN and 2570K100 licensed practical nurse (LPN) vacancies.41"
http://content.healthaffairs.org/cgi/content/full/23/3/78Median full-time wage for RN's = $57,280. 10% make less than $40K, 10% make over $80K. 60% make between $47-$70K.
http://www.bls.gov/oco/ocos083.htmYou understand there are many ways to hold down wages: pay some people less than the going rate, price-setting cartels, recruiting docile workers who are unlikely to make waves, etc.
all are currently in use.