|
|
Overcomers W2 Counselors |
1099 Practices |
Solo Practice |
|
Sessions per year |
1,200 |
1,200 |
1,200 |
|
Actual Hours Worked |
~1,300 |
~1,500 |
~2,000 |
|
Earned Session Fee |
~$50 |
~$75 |
~$100 |
|
Litigation Fees |
100% |
?? |
100% |
|
Letter Fees |
100% |
?? |
100% |
|
Gross Annual Income |
~$60,000.00 |
~$84,000.00 |
~$120,000.00 |
Expenses (yearly) |
|||
|
Taxes |
7.69% of gross |
25% of gross |
25% of gross |
|
Office |
$0 |
$0 to $6,000 |
~$6,000 |
|
EHR |
$0 |
$0 to $6,000 |
~$600 |
|
Liability Insurance |
$0 |
~$900.00 |
~$900 |
|
Office Supplies/Utilities/etc |
$0 |
~$2,000 |
~$2,000 |
|
Clinical Supervision |
$0 (FT candidates) |
~$900 |
~$900 |
|
Marketing |
$0 |
$0 |
~$10,000 |
|
Estimated Net Income |
$55,386 |
$59,000 |
$70,000 |
| Estimated Net Hourly Pay | $42.60 | $39.33 | $35.00 |
Benefits |
|||
|
Medical |
✅ |
❌ |
❌ |
|
Dental |
✅ |
❌ |
❌ |
|
Vision |
✅ |
❌ |
❌ |
|
Life |
✅ |
❌ |
❌ |
|
401k |
✅ |
❌ |
❌ |
|
PTO |
✅ |
❌ |
❌ |
|
Sick Leave |
✅ |
❌ |
❌ |
|
End-of-Year Bonus |
✅ |
❌ |
❌ |
|
Profession Pay Benefit |
✅ |
❌ |
❌ |
|
Meal Allowance |
✅ |
❌ |
❌ |
Admin Support |
|||
|
Scheduling Team |
✅ |
?? |
❌ |
|
Billing Team |
✅ |
?? |
❌ |
|
Credentialing Team |
✅ |
?? |
❌ |
|
Attorney/Litigation Support |
✅ |
❌ |
❌ |
Cultural Benefits |
|||
|
Group Consults |
✅ |
❌ |
❌ |
|
Training Events |
✅ |
❌ |
❌ |
|
Parties |
✅ |
❌ |
❌ |
Growth Opportunities |
|||
|
Clinical Supervisor |
✅ |
❌ |
❌ |
|
Billing Supervisor |
✅ |
❌ |
❌ |