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Pay Structures for Therapists 101
Manage episode 445582032 series 3557392
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Ever wondered how to choose the best pay structure for your clinicians? Today we dissect commission-based, flat rate, and salaried pay systems. Learn how the right choice not only incentivizes your team but also enhances your practice's financial health.
We'll also explore the pros and cons between 1099 contractors and W-2 employees. Discover why commission percentages vary and how these differences impact your bottom line and the trade-offs between flexibility and financial control when opting for flat rate or hourly pay.
We also highlight innovative compensation tactics for non-clinical hours and reveal why competitive benefits may be the key to retaining top talent.
Our Profit Coaching program is enrolling new practices now.
We specialize in helping therapy practices like yours achieve financial clarity, so you can focus on what you do best—helping your clients and managing your team- while we help handle all the businessy stuff they didn’t teach you in grad school.
To see if your practice might be a good fit, schedule a free consultation at therapybusinesspod.com.
Meet with one of our coaches
*Intro/outro song credit:
King Around Here by Alex Grohl
Capítulos
1. Group Practice Pay Structures (00:00:00)
2. Pay Structures for Therapy Practices (00:10:31)
3. Compensation Strategies and Considerations (00:20:34)
4. Q&A Submission for Therapy Business (00:28:40)
22 episódios
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