Are you a physical therapist looking for work? You’d be joining a group of nearly 229,740 physical therapists in the United States. This number is expected to grow rapidly, with a projected increase of about 15% by the year 2032. Say you’ve completed all your education and licensure requirements to begin working as a physical therapist. Here are some general compensation packages you can expect to see. We’ll also discuss why you should consider starting a career with us.
How can you determine if the compensation offer you’re receiving is competitive?
Whether you’re fresh out of school or you’re looking for a new clinic to call home, you may be interested in finding out more about what makes a competitive salary and benefits offer for a physical therapist in the United States. Often, average salaries vary from state to state. They also may depend on the cost of living in each specific area, the level of education an therapist has and the extent of their professional experience. For example, a seasoned physical therapist in California may be more likely to receive a high salary offer than a newly graduated PT in Kentucky. For these reasons, it can be tricky to suggest an average salary number. Instead, we’ll guide you through what makes a compensation package competitive and how you can tell. That way, you’ll receive the salary and benefits offer that works best for you.
Which physical therapy industries are the most competitive?
There are several physical therapy industries that someone with an education in PT can choose to work in. Are you interested in learning more about the most competitive physical therapy industries? You can find out more about each industry listed below:
- Outpatient treatment centers — Outpatient treatment centers are the most competitive and highest-compensating physical therapy industry in the U.S. by far. Outpatient treatment centers typically provide care to patients in private clinics. Patients perform therapeutic treatments in the clinic, rather than at home or in a hospital setting.
- At-home health care — At-home health care services are the second most competitive physical therapy industry. These physical therapists provide therapeutic services to patients while in a patient’s home. They travel to each patient’s home to guide them through a series of exercises and movements. These physical therapists also recommend adjustments to the home for improved function and mobility.
- Educational support — Physical therapists in the educational support sector are also likely to receive very competitive salaries. These physical therapists usually work in schools alongside children with physical and intellectual disabilities.
- Nursing home support — These physical therapists work in nursing facilities to support older adults’ physical health. They specifically treat conditions that are most common in older adults, like osteoporosis and arthritis.
Does Alliance Physical Therapy Partners offer a competitive compensation package?
Now you may have a better understanding of the factors that can make an offer competitive in addition to most competitive industries that physical therapists have access to. If you’re interested in the salary and benefits that Alliance PTP offers its physical therapists, you’ve come to the right place. Although the exact salary amount will vary depending on each person’s geographic location and experience level, our physical therapists can expect to receive a competitive salary rate and benefits package.
What is the job outlook for physical therapists?
Physical therapists can look forward to a rapidly expanding job market projected to increase within the next 10 to 15 years. This increase in the job market is believed to be due, in part, to the increasing number of aging adults in the United States. These older adults are not only living slightly longer but also expressing a desire to be more active than the generation before them.
The increase in demand for physical therapists is also thought to be because of a surge of people interested in preventive care and maintenance. More people are realizing that preventive care can keep larger health problems at bay and minimize their risk of injury.
With more and more people using technology, including cellphones, tablets, and laptops, there is also a rise in musculoskeletal problems related to this usage. Many patients are reporting neck pain, poor posture, cervical spine issues, vision and balance problems, and more. Physical therapists are specially trained to address each of these issues and help patients find relief. With the increase in technology-related ailments, there will also be a demand for physical therapy treatment.
Another contributor to the high demand for physical therapists is increased sports injury occurrences in young adults and children. According to experts, there has been a rise in the number of children participating in year-round sports instead of seasonal sports. This is likely a major reason behind the increase in sports-related injuries in children and the subsequent demand for physical therapy care. Not only can physical therapists treat sports-related injuries, but they can help prevent them. Physical therapists are a great resource for teaching young athletes to protect themselves from injury. Muscle strengthening, joint mobilization, flexibility training, balance and coordination training, and more can be used to improve the safety of athletes.
As if that weren’t enough, physical therapy services are also in demand because they are effective for those needing to prepare for and recover from surgical procedures. Year after year, the rates of surgical procedures being performed in the United States are increasing. In 2021, the rate of surgical operations in the U.S. jumped up nearly 33% compared to the previous year. Physical therapists are the ones helping patients prepare to undergo their procedures and improve their outcomes. They’re also the ones helping those same patients recover in the weeks following their surgeries.
How will physical therapists’ salaries and benefits be affected in the future?
So, what does all of this mean for the future salaries and benefits of physical therapists? With a rise in the demand for physical therapists, there is also likely to be a significant increase in the average pay rate and the benefits that physical therapists will enjoy. There will probably be plenty of opportunities and incentives for those looking to be hired by physical therapy clinics.
Coupling the demand increase with continued education, professional development and extensive experience, the potential for physical therapists to have high salaries and excellent benefits is significant. Therapists who have completed extensive education and have several years of experience under their belt are more likely to receive a higher average pay rate and robust compensation package. These factors make a therapist more valuable to the clinic, which is why the average salary is going to be higher for these types of professionals. It’s likely that the job outlook will have a positive effect on the salaries and benefits of physical therapists in the future. In addition to the professional rewards of working as a physical therapist and helping people, the compensation packages are the icing on the cake.
What benefits do physical therapists generally enjoy?
Physical therapists typically receive a variety of benefits. The extent of these benefits can depend on the company that a therapist works for. It also varies based on the number of hours a therapist works. Most full-time physical therapists will receive a robust benefits package, including health insurance, dental coverage, vision coverage, retirement plan and paid time off.
More extensive benefits packages generally include bonuses of monetary incentives, professional development assistance and continuing education.
What benefits do Alliance PTP physical therapists typically enjoy?
Alliance PTP physical therapists have access to many benefits. We understand that a good benefits package can make the difference between burnt-out employees and highly satisfied employees. If you’re interested in joining our team, here’s what to know about our typical benefits package:
- 401(k) — We’re happy to provide each of our employees with 401(k) retirement plan options to help them plan for retirement.
- Medical benefits — We also provide our physical therapists with medical coverage. We work with several insurance companies to maintain the health and well-being of our employees outside of the clinic.
- Dental benefits — We also provide dental coverage to our employees. Just as medical benefits are important for the health and well-being of those who work with us, dental health is, too.
- Vision benefits — Each member of our team also has access to vision benefits. If you or one of your family members has vision needs, you have options for vision treatment and care.
- Paid time off (PTO) — Many of our physical therapists enjoy paid time off throughout the year. Our PTO program accommodates our employees’ busy lifestyles. It includes sick days, personal leave and vacation time.
- Flexible scheduling — Another benefit of working with Alliance PTP is that we offer our employees the benefit of flexible scheduling. Depending on the needs of our clinics and each employer, we may accommodate your schedule to work best for both parties.
What makes Alliance PTP clinics stand out from other physical therapy clinics?
There are a multitude of reasons why Alliance PTP clinics are distinguishable from other PT clinics. Some of these reasons include:
- Competitive pay — One of the many reasons why Alliance PTP clinics stand apart from other physical therapy clinics is that Alliance offers competitive salaries to our physical therapists. Are you a licensed physical therapist looking for a career opportunity with a clinic that can offer a salary that aligns with the national average salary? You can find the competitive pay you’re looking for with Alliance PTP.
- Individual bonus plan — Alliance PTP offers its employees an individual bonus plan to incentivize each member of our team to do the best work they can. We reward individual physical therapists based on their unique performance and productivity. Our bonus plan is designed to give opportunities for our physical therapists to be recognized for their hard work.
- Great benefits package — Another reason why Alliance PTP stands out from other physical therapy providers is our robust benefits package. Alliance offers many of the same benefits that the PT industry’s biggest companies do. As mentioned above, these include a 401(k), medical, dental, vision, paid time off, and flexible scheduling.
- Opportunities for career growth and continuing education — The physical therapy team at Alliance PTP also enjoys opportunities for career growth. We always encourage our physical therapists to undergo additional training and education whenever possible. In fact, we have an unlimited budget dedicated to continuing education. We also provide our physical therapists access to a mentorship program. Mentorship opportunities can improve our employees’ professional development as well as create strong professional relationships.
- Compassionate and professional work culture — An added benefit of employment with Alliance Physical Therapy Partners is the positive work culture. We pride ourselves on creating a compassionate and professional work environment for all of our employees. We know that a positive work culture is key to keeping employees and patients satisfied. Our core values include integrity, service, empowerment, passion and growth.
- High-quality physical therapy treatment and services — Another perk of joining our Alliance PTP team is that we’re dedicated to providing high-quality physical therapy care. Our physical therapists are dedicated to improving the treatment and services they provide each patient every day. To us, a workday is more than just a nine-to-five.
- Streamlined documentation and billing processes — We’re also proud of our streamlined documentation processing. Many physical therapy clinics rely on outdated paper documentation and billing. At Alliance, we value efficiency and organization. That’s why we’ve integrated streamlined documentation and billing at each of our practices. This streamlined approach is made possible through an electronic medical record (EMR) system. With the help of an EMR system, patients’ files are protected and backed up in a cloud-based filing system.
Find the support your career needs by joining the Alliance PTP team
As a physical therapist, you may be struggling to advance your career. Perhaps you’re looking to find a salary and benefits package that works best for you. But you don’t have to continue struggling. At Alliance Physical Therapy Partners, we’ve created a nationwide partnership in care. Our partnerships are constantly evolving to help our PT practice partners and their team members.
We know that our partners can’t provide exceptional PT without amazing PT team members and admin staff. That’s why we’re always on the lookout for hardworking individuals who want:
- A less hectic daily schedule than most PT providers require.
- Exceptional health, retirement and wellness benefits.
- Readily available mentorship and professional development opportunities.
- To be part of a team that’s committed to caring for its patients and the local community.
Taking advantage of all the career opportunities Alliance PTP offers starts with one simple step. Look over our Careers page to see all the current career opportunities Alliance PTP is offering.
