Are you in the process of hiring clinicians? Do you want to build a lively work environment and culture? Are you nervous about switching to W2?
In this podcast episode, Whitney Owens speaks with Betsy Mejías about switching from 1099 to W2 clinicians.
Podcast Sponsor: Brighter Vision
If warmer weather has you feeling like it’s time for a website refresh, or you’d like to boost your online presence, look no further than Brighter Vision’s custom digital marketing solutions, designed specifically for therapists.
And the timing couldn’t be better because they just kicked off their Spring Cleaning sale! Sign up with Brighter Vision before April 30th and you’ll get $10/month off of your first year of website service with the Brighter Vision team, plus they’ll throw in 3 FREE months of Social Genie to give your therapist blog and social media pages a serious boost, so you can focus on what matters most – your patients!
So get a jumpstart on your private practice’s spring cleaning list by contacting Brighter Vision. To get started and learn more, visit brightervision.com/joe.
Meet Betsy Mejías
Betsy Mejías is a Licensed Clinical Social Worker and Board Certified Christian Counselor. She is also certified in EMDR therapy.
Betsy started her social work career in child welfare, and later, medical social work. Throughout this time she did contract counseling on the side and served in her church’s marriage ministry. She opened her group practice, Abundant Life Christian Counseling, in 2018, and often jokes that she is the poster child for what not to do when building a practice.
Visit Abundant Life Christian Counseling, and connect with them on Facebook and Instagram.
In This Podcast
* Considering the switch
* Addressing uncertainties
* Making the change
* Betsy’s advice to Christian counselors
Considering the switch
The layout and the way I was running it, [I realized] I was treating my 1099s like W2 employees … using the same electronic health record, a receptionist, providing the office space. In no way, shape, or form were they independent business owners. (Betsy Mejías)
Many practice owners end up treating their 1099 employees like W2s.
These owners provide all the resources, benefits, and bonuses of being a W2 employee to a 1099 contractor, and it ends up costing the business owner.
You need to consider making the switch to hiring W2 clinicians if you find yourself treating your 1099s like full employees.
One of the biggest problems with the 1099 model is that people start paying everything for their clinicians and then complain that they are struggling to make a profit because of the way that they run that money out. (Whitney Owens)
Some practice owners are nervous to switch to the W2 employee model. Some of these uncertainties include:
* Fearing that their staff will leave
* Paying an increase in taxes
* Paying for benefits
However, what solves all these fears, is that the percentage change from switching to the W2 model boosts your income overall. The W2 model also helps with retention, creating a work culture, income,