As a PT, you must enter a salary negotiation well-informed. Negotiate your salary and benefits if you have specialized PT skills and an impressive resume. A hiring manager will allow you to consider an offer, so think it over. Here are tips to help you get the compensation and benefits you deserve as a PT.
Choose an Appropriate Time for Negotiations
Timing is an important consideration when you are seeking additional compensation. Some PT clinics have a schedule for salary reviews, and others might be open to discussing salary at any time. Be selective, and choose a time when your manager is available and take your request seriously.
Keep the Negotiating Professional
Always be aware that you are speaking to another medical professional when negotiating salary and benefits. Keeping it professional means that the person you talk to expects your good behavior. Display a positive and respectful attitude, and you will create a great impression on the hiring manager.
Do Your Research
Research can be a tremendous help. You can get salary data from reliable sources like the Bureau of Labor Statistics. Regretfully, research does not stop at a simple average amount. Wages vary by region and setting, so know the specifics. Ultimately, the value you bring to patients determines your earning potential.
Understand Your Worth
When negotiating salary and benefits, it is crucial to understand and showcase your worth. Highlighting your skills and specializations as a PT can make a significant difference. Please understand that soft skills such as a willingness to learn, passion for the field, emotional intelligence, and ability to communicate are essential to a clinic’s success. A drive to evolve and stay current is crucial for this profession.
Explore Alternative Payment Models
Declining reimbursements from insurance payers is a challenge. Yearly pay cuts are not uncommon. Many clinics rely on insurance payments for their revenue and struggle to offer top salaries. You might research alternative payment models like revenue sharing or performance-based frameworks. These models might have additional risks, but they can be rewarding. Work together with your employer, and you might be able to find a payment structure that works for all.
Consider the Entire Package
Salary is a significant factor in a compensation package, but it is not the only one to consider. It would help if you also thought about insurance, intrapreneurship opportunities, career growth opportunities, and work-life balance. These considerations can make a tremendous difference in the overall value of your compensation package.
If the PT clinic you are talking with interests you enough to discuss salary and benefits, let them see your enthusiasm. You do not want to come across as flat in the negotiation. You want them to know you are excited to be there and want to be part of the company.
Let the team at myPTsolutions help you negotiate your next job offer.