The biggest question healthcare professionals who are considering travel assignments is how much they are going to get paid. I mean, obviously income is one of the driving forces behind why more and more of the industry-elite are flocking toward travel therapy jobs. However, branching off into travel therapy can be scary at first. There’s a lot of questions about how exactly they get paid. An even bigger concern they have is how MUCH they will get paid. So, how much do travel pts make? Below we’ll take a look at how you can make the most out of a travel therapy career.
How Much Do Travel PTs Make?
A Quick Comparison
Travel therapy can be more financially confusing than in permanent healthcare jobs. This is because there are tons of factors that most people don’t have to worry about. Most folks just have their same bills, payments, and income so fiscally planning is easy because you are so used to a routine. Even though travel therapists earn more money normally than their permanent counterparts, on average, there’s a lot of uncertainty when it comes to knowing how much money they’ll bring it when they change assignments. Take a look at the video below for even MORE tips!
Depending on how desperate the facility is that needs therapy job placement really will dictate how much more money they are willing to pay their per diem employee. Plus, benefits and coverage depend on the agency. And, although most travel healthcare jobs offer weekly pay and direct deposit…some do not. In other words, don’t rely on info from permanent PT positions to guide your search. We’re gonna need to dive into the details.
Consider These Factors
When you’re constantly traveling for therapy assignments in different places, facilities, and through different companies, things get a little complicated. For instance, some recruiters offer insurance coverage between assignments. Some don’t. Some agencies pay all travel expenses and even provide stipends for rental cars. Some don’t. And, although nearly all travel therapy companies offer housing–there’s a lot of differences in what is offered depending on which one it is.
New travelers are always curious about how much they are going to end up bringing home. However, the answer is not that simple. Expensive cities like New York will pay higher than a small town to fit the particular cost of living in that area. However, that being said, housing and other living costs will be more daunting in areas where you earn more money. It really depends on the particular hospital, region, season, and desperation the particular position has to determine how much you can expect to earn. As of January 2020, physical therapists are making around $85,000 per year. Physical therapists make even more money because they’ll be moving into a position that is in great need. So, how much do travel pts make? The answer varies, but we can tell you that they’re one of the most in-demand jobs out there.
One last thing to consider is the other forms of payment you’ll be getting aside from the actual salary. Most healthcare facilities that you work for will pay an additional stipend to cover housing and travel. Some healthcare facilities will even pay you more for signing on for an additional amount of time. Also, some of your income will not be taxed, which is more money in your pocket. These are just a few things that will contribute to your overall salary.
So, how much to travel PTs make? Well, although there is no standard expectation for travel therapy earnings, the only thing that is for sure is that travel therapists make more money than regular ones. And, the experiences they earn–are even better than any salary. If you’re thinking about travel therapy jobs, there’s no better time than the present to get started.