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.
Travel therapy can be more financially confusing than permanent healthcare jobs. This is because there’s 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 that 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. 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 depends on the agency. And, although most travel healthcare jobs offer weekly pay and direct deposit…some do not.
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. Also, US travel destinations payout handsomely. According to Onward Healthcare, Hawaii can pay an allied traveler about $109,988 a year. And, Alaska has an even higher earning potential.
However Advance Healthcare Network conducted a study which was released in 2013 that can help answer some of the questions about average income for therapists in general. Regionally, the average therapist in the south in states like Florida, Louisiana, and Texas made the most at $78,340. The region that therapists earned the least was the northeastern states like Vermont and Rhode Island at $73,143. However, according to Indeed.com, traveling therapists are out-earning regular ones substantially. In fact, they reported annual salaries for travel therapists to be about $88,000!
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.