Switching from 1099 to W2 Clinicians with Betsy Mejías

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Practice of the Practice: Faith in Practice Podcast

Whitney Owens with Practice of the Practice Network

147 episodes

1 day ago

Whitney Owens is a licensed professional counselor and owns a growing group practice in Savannah, Georgia. Along with a wealth of experience managing a practice, Whitney 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.

All content for Practice of the Practice: Faith in Practice Podcast is the property of Whitney Owens with Practice of the Practice Network and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Switching from 1099 to W2 Clinicians with Betsy Mejías | FP 135

Practice of the Practice: Faith in Practice Podcast

20 minutes 26 seconds

3 years ago

Switching from 1099 to W2 Clinicians with Betsy Mejías | FP 135

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.
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Meet Betsy Mejías
Betsy Mejías is a Licensed Clinical Social Worker and Board Certified Christian Counselor. She is also certified in EMDR therapy.
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.
Visit Abundant Life Christian Counseling, and connect with them on Facebook and Instagram.
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)
Addressing uncertainties
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,