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
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Meet Betsy Mejías
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.
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, and so much more.
Making the change
I did lose a clinician but that’s okay because the whole point was to have a similar vision, and if you value that independence then you’re not going to be on the same vision. (Betsy Mejías)
Create the culture that you wish to have in your practice, and this is easier to do with the W2 model. You can create abundance and give it more easily to your W2 employees.
Keep the lines of communication open so that you can welcome the best-fitting clinicians into your practice and let the more independent ones go gratefully.
Betsy’s advice to Christian counselors
You are ministers of hope. You can give hope to your clients to encourage them to get to the healing that they are searching for.
Books mentioned in this episode:
Useful links mentioned in this episode:
- Visit Abundant Life Christian Counseling, and connect with them on Facebook and Instagram.
- Visit brightervision.com/joe to receive 3 free months of social genie and $10 off each month for your first year
- How to Delegate in Your Group Practice While Working Less and Making More: Free webinar on May 3rd, 2022 with Whitney Owens and Alison Pidgeon
- Group Practice Boss: doors open from May 3rd to May 6th, 2022. Early bird special from $129 a month
- Join the Faith in Practice Facebook Group and subscribe to the email list
- Email Whitney: email@example.com
Check out these additional resources:
- How to Grow Fast in Private Practice with Colleen Wenner | FP 134
- Next Level Practice
- Practice of the Practice Podcast Network
- Group Practice Boss
Meet Whitney Owens
Whitney is a licensed professional counselor and owns a growing group practice in Savannah, Georgia. Along with a wealth of experience managing a practice, she also has an extensive history working in a variety of clinical and religious settings, allowing her to specialize in consulting for faith-based practices and those wanting to connect with religious organizations.
Knowing the pains and difficulties surrounding building a private practice, she started this podcast to help clinicians start, grow, and scale a faith-based practice. She has learned how to start and grow a successful practice that adheres to her own faith and values. And as a private practice consultant, she has helped many clinicians do the same.
Thanks For Listening!
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Faith in Practice is part of the Practice of the Practice Podcast Network, a network of podcasts that are changing the world. To hear other podcasts like Empowered and Unapologetic, Bomb Mom, Imperfect Thriving, Marketing a Practice or Beta Male Revolution, go to practiceofthepractice.com/network.