Here is a list of responses to my inital posting about
prosthetics salaries, from roughly a month ago. I will NOT
release the names of posters on this summary because a number of
people told me how much they made. I feel like that was a very
nice and open gesture from those people, and I want to respect
their privacy.
DO NOT CROSS-POST THIS TO OTHER LISTS. This is a private issue
between practitioners. It is not appropriate to cross-post this
to any other lists.
THE RESPONSES:
I’m a prosthetist in Southern California. Upon certification, my
salary increased to $50K/yr and I’m a female. After one year of
certification and the increased job responsibilities you have,
I’d say you should be making something close to $60K – that’s if
you were out here.
—————————————–
I think you need to provide or find out 2 things. 1. How has your
efforts effected the sales of you facility? How much of an
increase over the prior year and a comparison of the prior 3
years would probably help as well. 2.What difference has your
efforts made in your facilities profitability? If you are
spending more than you are taking in there really wouldn’t be
anything available for pay increases, would there?
Without that information or knowing what you make now it is
difficult to say what you should be earning. I would say you
should expect to make any where from $55,000 to $70,000 per year.
As you know you command more because of where you live and work
but also if you are extremely profitable you should earn more
than I am suggesting.
————————————————
with the abundant oversight that is needed with a first year of
experience I would think that you probably should get a feel for
how much supervision you need and how many patients you have
seen. Then multiply the # of prosthetic by 10k to get a fair
average of gross billings. 5% of that would be a great
salary depending on overhead etc.
———————————————–
With the proven efforts you describe and if you are working well
with your colleagues and staff (without personality quirks) I
would think could make at least $55,000.
I’d be interested in other replies you receive. (Be sure to
delete names)
————————————————
General rule of thumb is, your salary should be about 1/4 of what
you bill out on your patients. When you get about 5 years post
certification, you should be doing well. By the way, open your
own practice in four years. Prepare for it now. My partner and I
just opened our own place after managing offices for others. We
will probably make between $100,000 to $250,000 a year easily.
That is 100,000 the first year; with all the perks.
You have no idea how wonderful owning your own place will be.
