YFChoice said:
As far as companies dumping paying for their employees because the rate is higher than if the employees paid themselves.....again, no problem. The companies I target are so wellness oriented....they really care about their employees and they show it. They're not concerned about the cost........they don't want their employees to have to pay.
Don't kid yourself. All companies are concerned about cost. If there were not, you would have no trouble charging the rates that we charge.
My original point about charging the company less than what you would charge for employee paid is not that companies would dump the program.
Firstly, what companies do all day long is cost/benefit analysis. If employee-paid rates are lower, and it is up to the MT to organize, schedule and manage, then the company will eventually wise up, re-imburse the employees and let the MT deal with the headaches. They won't dump the program, just make it cost less and easier for them.
Secondly, employee-paid means you won't always be 100% occupied - even with your 5 min cushion - so charging less per hour PLUS you will have fewer clients per hour = lower overall income.
In essence, the company is buying in bulk -- you are there for 4 hours and paid for every minute. Employee paid is buying the convenience size, and there is no guarantee of how many you will have per hour. Convenience never costs less because it is more costly to provide.
YFChoice said:
R&R, I wish I could charge the rates that you do. But this is Salt Lake and a lot of business here is dependant one way or another on the Mormon religion.....so I have to contend with not only touch issues, but money issues. .
Be careful.... substitute any other religion or ethnic group for the word Mormon and see if you find what you wrote all of a sudden might seem offensive. It is to me.
We work all over the country, and find "touch" issues in nearly every market. It is not exclusive the LDS.
YFChoice said:
Plus, it seems to me we have an unusually large number of therapists (incl. a lot of new graduates) who seem intent on competing to see who can charge the least. I've had a number of them approach some of my companies and offer their services at almost 40% of what I charge.
Ah, yes. Therapist on Therapist crime...the great race to the bottom. The schools need to do a better job on business education and the impact of low pricing.