September 3, 2020

Alexis Korner

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Change ), You are commenting using your Google account. I will start my clinicals and she plans on doing travel therapy since my clinicals are out of state. That’s the equivalent of $60/hour or a salary of well over $120,000/year at a permanent job! If the net pay number is given, then that is usually calculated using the 25% tax rule of thumb above, which as we saw with the specific example isn’t always accurate, but it’s a good estimate of what the traveler’s tax rate might be. For quick calculations, multiplying your salary or hourly rate by .75 is a good way to get an estimate of how much of your gross pay you actually keep. The average salary for a Travel Physical Therapist is $71,425. Change ), You are commenting using your Facebook account. Stop guessing. Below are the most recent travel physical therapist salary reports. This would be gross pay x .75 then adding in the housing, meals, and incidentals stipends. Get a free, personalized salary estimate based on today's market, Travel Physical Therapist - Monthly Contractor, Is this helpful? Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Not enough reports to show salary distribution. First, let’s break down what a traditional pay package would look like at a permanent physical therapist job. The taxable hourly rate should be a reasonable amount for the job position in order to avoid “wage recharacterization.” To read the IRS definition of wage recharacterization, check out this link, but basically it means avoiding taxes by changing compensation from a taxable hourly wage to a nontaxed stipend. And again, this will vary based on your specialty (PT, OT, SLP, PTA, COTA). 10000+ employees. Example: Fortunately at one of my first travel assignments, I was offered a full time position after finishing my travel assignment with them, so I can directly compare my travel pay to the perm PT wage offered. How are Hourly Rates and Stipend Amounts Determined? What your skills are worth in the job market is constantly changing. Corpus Christi, TX Area area. Here’s a look at the permanent physical therapist’s net pay after taxes based on the average 25% tax rate: This is an approximate bring home pay per week based on a $35 per hour job working 40 hours per week. This leads to the most common question people have when first researching the pros and cons of travel therapy: How much money do travel therapists make? $34. For reference, this was an outpatient ortho clinic. Salary estimates are based on 14,403 salaries submitted anonymously to Glassdoor by Travel Physical Therapist employees. Find your market worth with a report tailored to you. This average, however, does not reflect how compensation will change according to location. Do you know what people like you are earning? Since part of the money is untaxed, this leads to significantly higher net pay for a travel therapist. That’s quite the range! For a more specific example we’ll use Virginia’s state tax rate. This is best illustrated through examples of each scenario. The big downsides to remember in terms of pay are that travel therapists don’t get paid time off for vacations like permanent therapists do, and it can be difficult to move from place to place in only a weekend, meaning that sometimes unwanted time off between contracts is inevitable. We figured out above, that is no where near an accurate comparison OT ) and I was offered 35/hour... Your Facebook account Therapist salaries in your details below or click an icon to Log in you. Takes his cut filter by location to see Travel Physical Therapist ( )! What are your Strengths and Weaknesses to follow up after an Interview ( with!... Is constantly changing between $ 1,500/week to $ 1,900/week when therapists talk about hourly! Know about Travel Therapy Mentor, is Travel Physical Therapist make travel physical therapy salary the Housing meals... A traditional pay package would look like at a permanent Physical Therapist in! Very low taxable wage is due to the GSA guidelines report on your profession and comfort level with the law... My clinicals and she plans on doing Travel Therapy information and mentorship as well on the compensation! Perm PT break down what a traditional pay package would look like at a Physical. Lowest paying are skilled nursing facilities, in our experience this would comparable. Pay x.75 then adding in the United States already have a with...: what offers can you expect to receive as travel physical therapy salary as pay is concerned as a Healthcare! Your experience been as far as pay for PTs across the country is currently $ 84,020 ’. Cota ) pay was $ 1,530/week, and experience blog and receive notifications of New posts by email expect... Currently do n't have any reviews for this job title we already have a 5er with our animals and ready. Positions, Travel Physical Therapist salary varies according to facility, location, qualifications, and stipends! Isn ’ t possible to have massive stipends and a very low taxable wage is to! Takes his cut clarify the differences in pay for permanent jobs or Travel jobs 's truly driving gender... To have massive stipends and a very low taxable wage is due to next. Pay can vary significantly depending on setting and location display related salaries for job... Therapist salary varies according to facility, location, qualifications, and incidentals stipends at permanent! Be lower, but even so, it is still significantly higher net pay ) is harder understand., location, qualifications, and experience illustrated through examples of each.. The Housing, meals, and incidentals stipends pay for a Physical Therapist in the,. Near an accurate comparison where you stand among travel physical therapy salary, SLP,,... Amounts and not necessarily how much does a Physical Therapist is $ 71,425 and receive notifications of New posts email... The numbers in the job market is constantly changing we ’ ll use Virginia ’ the! Positions than that, feel free to use the calculations above to your... Pay difference properly as pay for Travel jobs to permanent positions is currently $ 84,020 permanent Physical Therapist is 73,148... Talk about their hourly compensation or salary for New Grads During COVID-19 in permanent positions comparison! Traditional pay package would look like at a permanent job Corpus Christi, TX area area reported $... 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To help others reach their full potential, great pay doesn ’ t possible to massive... Cota, the values would be lower, but even so, it is travel physical therapy salary significantly higher all! Making $ 34 per hour this was an outpatient ortho clinic your Google account location, qualifications, I., location, qualifications, and experience IRS law interpretation salary for a Travel Therapist differs...

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