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Hiring is extremely competitive for rehab clinics. Here are some tips for sourcing, and keeping, top-notch talent in your clinic.
If you’re feeling like your clinic has a permanent “help wanted” sign on the door, you’re not alone. Finding top physical therapists to keep your clinic running smoothly to meet the increasing patient demand is challenging. There are many factors driving this demand including an aging population, prevalence of chronic conditions, and a preference for non-pharmacological solutions to pain management. Physical therapists, like many healthcare workers, have been suffering from burnout while the demand for physical therapy continues to rise.
The physical therapist workforce may feel as if it’s shrinking, potentially caused by burnt-out physical therapists searching for non-clinical roles or leaving the field entirely. In addition, therapists may be opting to work in a non-profit/hospital-based setting rather than an outpatient clinic to qualify for public student loan forgiveness programs. All of this together has made the hiring process extremely competitive for outpatient rehab clinics. Additionally, providers can be increasingly picky when searching for their next practice. So with all that said, what can you do to find and retain top talent?
Sourcing top-notch physical therapists for your clinic requires strategic thinking and innovative methods. Here are some proven strategies ranging from partnering with universities and leveraging job boards to crafting a compelling employer brand, and more. Each approach is designed not only to reach a broader pool of candidates but also to engage the right ones who align well with your clinic's ethos and values.
Remember, the goal isn't just to attract candidates, but to attract the right candidates. Clearly communicate what your clinic has to offer and what type of physical therapists would be the best fit. This can help streamline the recruiting process and increase the chances of finding therapists who will be happy and successful in your clinic.
After you have found the right places to look for potential candidates, how do you make sure they want to give your clinic a closer look? It all starts with company culture, work-life balance, and benefits that are genuinely attractive – especially for those candidates who are considering multiple options.
It’s no secret that money talks and an attractive compensation package for physical therapists will entice new talent into your clinic. Competitive salaries, hiring bonuses, performance bonuses, and partial student loan repayment plans are all fantastic ways to bring in talented therapists.
Opportunities for continuing education and training can also be appealing for therapists. Continuing education requirements vary by state, but most states do require some. It can be well worth it for your clinic to invest in your therapists by providing a monetary stipend to spend on courses and even time off from work to participate. Not only does it provide another incentive to bring in physical therapists, but your patients will also benefit from a more skilled workforce.
Salary and benefits are only one piece of the puzzle in attracting quality physical therapy candidates. It’s the day-to-day that can make or break a therapist’s job satisfaction and outcomes. Here are some suggestions:
By implementing these strategies, you are not only creating an environment that PTs love to work in, but you’re also making your clinic a magnet for top talent. Moreover, satisfied PTs can become ambassadors for your clinic, referring their contacts and promising new graduates. This commitment can drive both retention and recruitment, bolstering the overall success of your clinic.
There are varying philosophies on compensation in the outpatient rehab space. In recent years, an incentive-based pay approach has grown more prevalent in the physical therapy industry, where it didn’t used to be so common. If you’re finding that your current structure is not winning over talented applicants, it may be worth trying this incentive-based structure. This can give your PTs more of an upside, so they can earn more money if they help grow your profits – and with this added incentive, deliver better treatment experiences and outcomes for your patients. If you do try this type of approach, be sure to advertise it in your job listings and during interviews.
In order to try an incentive-based structure, you first need technology in place that can track metrics for your practice, so you can calculate items like revenue per visit and the number of visits you need to hit in a year to be profitable. Then, based on your staff size, determine what you can pay out for a competitive rate. On average, PTs who work on incentive-based pay might take home 25-35% of what they bring in. This approach can be a motivating factor for top talent in many cases, and help them feel more engaged with their work – which can, in turn, lead to higher success rates with treatment goals. With that said, if your clinicians aren’t meeting the quotas you set in this structure, you will need to reassess if they’re the right fit – or if this approach works for your clinic.
In conclusion, the rising demand for physical therapy services combined with a competitive hiring market makes it imperative for clinics to utilize innovative strategies to attract top talent. A multi-faceted approach to hiring, which includes forming partnerships with educational institutions, leveraging various job boards, and using recruiters, can significantly expand your candidate pool. Once potential hires are identified, offering a competitive compensation package, investing in a conducive work environment, and presenting unique opportunities for professional development become crucial in clinching the deal. Flexibility in pay structures, such as the incentive-based approach, can also offer an attractive benefit for high-performing therapists.
Above all, creating a culture that values work-life balance, collaboration, open communication, and personal growth can turn your clinic into a magnet for exceptional talent, ultimately bolstering both patient satisfaction and clinic success.
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