Value to Household for Clinicians

Your paycheck isn't the whole story. Add up everything your practice provides: benefits, supervision, referrals and covered expenses.

1Where should we send your results?

Optional. Add your email and we'll send you a copy of your results when you click Calculate.

Name Email

2Your revenue, pay and time

Use one full year of numbers.

Total revenue you generated (year)Collections from your sessions.

How you're paid

W-2 employee1099 contractor

Clinical compensation (year)Pay for your sessions: W-2 wages or 1099 payments. Leave out admin pay.Clinical hours per weekSessions and the notes that go with them.Admin hours per weekMeetings, trainings and other paid non-clinical time.Admin hourly pay rateEnter 0 if admin time is unpaid.Weeks worked per year

Payroll taxes paid by the practice

3Benefits and support the practice provides

Annual value. Enter 0 for anything you don't receive.

Retirement plan matchHealthcare benefits paid by companyPaid time off / holidaysDollar value of paid days off.License / liability insuranceCredentialing done for youWhat it would cost to credential with your payers yourself.Training / CE providedClinical supervision hours per monthFree supervision toward licensure, if you're an associate.Market rate for supervisionPer hourNew clients referred to you per monthClients the practice's marketing sends you.Marketing cost to get one client yourself

4Expenses the practice covers for you

Annual amounts.

Cell phoneInternet / utilitiesTechnologyMealsTravelGifts

Your results

Value to household (V2H)

of the revenue you generate reaches your household

Total value to household

Effective hourly rate

Clinical compensation: $0
Admin pay: $0
Payroll taxes paid for you: $0
Benefits: $0
Supervision provided: $0
Referrals provided: $0
Expenses covered: $0
Value to household: $0

See your results

Get a copy of your results

We'll email a summary of these numbers to the address you entered in step 1.

How this is calculated

Value to household (V2H): (Clinical compensation + admin pay + payroll taxes paid for you + benefits + supervision + referrals + expenses covered) ÷ the revenue you generate.
Payroll taxes: Payroll taxes are estimated at 8% of W-2 wages: the employer half of Social Security and Medicare (7.65%) plus a small allowance for workers' compensation and unemployment insurance. Override it if you know your actual figure. As a 1099 contractor you pay the employer half yourself, so it's subtracted instead.
Admin pay: Admin hours per week × admin hourly rate × weeks worked per year.
Supervision: Hours per month × market rate × 12.
Referrals: New clients referred per month × what it would cost you to get one client through your own marketing × 12.
Effective hourly rate: Value to household ÷ ((clinical hours + admin hours) per week × weeks worked per year).

These figures are planning estimates, not tax, legal, accounting or investment advice.