Independent Contractor Occupational Therapist: What you need to know
As the demand for healthcare services continue to grow, there has been an increase in the number of independent contractors in the industry. One of the professions that has embraced this trend is occupational therapy. As an independent contractor occupational therapist, you can enjoy more flexibility, control, and higher income. In this article, we’ll explore what you need to know if you’re considering becoming an independent contractor occupational therapist.
What is an Independent Contractor Occupational Therapist?
An independent contractor occupational therapist is a professional who works on a contract basis with clients or agencies. Unlike employees who work for a company, independent contractors operate as their own bosses. They are responsible for their own taxes, insurance, and benefits. They also set their own hours, negotiate their own fees, and may work with multiple clients simultaneously.
Why become an Independent Contractor Occupational Therapist?
One of the main reasons why occupational therapists go the independent contractor route is flexibility. As an independent contractor, you have the freedom to choose your hours, clients, and work location. You can also adjust your workload according to your personal preferences and schedule.
Another advantage of being an independent contractor is higher pay. Contractors can often charge more than an employee because they don’t receive any additional benefits. They also have a greater ability to negotiate their fees with clients.
What to consider before becoming an Independent Contractor Occupational Therapist
Before you become an independent contractor occupational therapist, there are some important considerations to keep in mind. Firstly, you’ll need to take care of your own taxes, insurance, and retirement account. This can be challenging for those who are new to the world of freelancing, so it’s important to do your research and seek advice from professionals.
You should also be aware that independent contractors don’t receive benefits such as health insurance, paid time off, or sick leave. You’ll need to create your own benefits package or purchase coverage on your own. This can be expensive, so make sure to factor in the cost of these benefits when you’re determining your fees.
Finally, you’ll need to be comfortable with marketing yourself and finding new clients. As an independent contractor, you are responsible for attracting clients and building your own practice. This requires networking, marketing, and creating a strong online presence.
Final Thoughts
Becoming an independent contractor occupational therapist can be a great way to enjoy more flexibility and higher income. However, it also requires a lot of hard work, dedication, and preparation. Make sure to research and understand all the aspects of being an independent contractor before making the switch. With the right tools and support, you can create a successful and rewarding career as an independent contractor occupational therapist.