Money Saving Benefits of contracting physical therapist

One of the main inquiries we are posed at MOS Therapy Staffing is what are the money saving benefits of contracting physical therapist and other healthcare professionals?

We realize you need to give the best treatment to your patients, yet setting aside time and money is significant as well.

As per the Bureau of Labor Statistics the middle yearly compensation for a physical therapist starting $89,440 in May 2019 or $43 an hour. Even 1099 contractors frequently charge more every hour, causing it to give the idea that recruiting an employee is a superior arrangement. On the off chance that we burrow somewhat more profound, in any case, it is clear that recruiting via contract staffing agency costs fundamentally less. In what capacity?

Right off the bat, notwithstanding wages or pay paid to employees, employers are also liable for a bit of every worker’s Social Security, Medicare, State, and Federal taxes. This isn’t the situation for 1099 contractor.

Employer additionally have the additional costs of Worker Compensation insurance just as different types of insurance, for example, health, dental, vision, life, or disability. This cost are also associated with 1099 contractors.

Benefit bundles frequently offered to employees can likewise be expensive. Employers may give paid holiday, sick leave, and days off. They may likewise offer annuities, 401Ks, or different reserve funds plans.

When working with a contract staffing agency, Employers save money on every one of these expenses. Which makes their pay per hour almost double of it.

For example:

If you hire a physical therapist at the cost of $40 an hour it would actually cost you $78 – $83 an hour.

Whereas the contract staffing agency would cost you $65 an hour.

Finally, organizations can set aside bunches of cash on preparing. How? Contractual workers can be recruited dependent on a particular skill and experience that is required around then. This makes a business more grounded as they’ll generally have staff close by who definitely realize how to take care of business. No sending workers through costly training to get familiar with the most recent advances in the exercise based recuperation industry and no dread of passing up patients who need that administration before the employee is completely prepared.

With these money saving advantages, it’s anything but difficult to perceive any reason why working with contract physical therapist is the best answer for most organizations.

Have you worked with contracting therapists in your business? What was your favorite part of this service? Let us know in the comments!

Interested in contracting your physical therapists and healthcare needs? Give us a call at 844-373-3417, we’d be happy to discuss the process with you. Look for an occupational therapist or speech therapist, or nurses look no further. MOS Therapy Staffing is your one-stop shop!