Tag: travel therapy job market

Travel Therapy Job Market Outlook for 2023

~ Travel Therapy Mentor ~ 1 Comment

2022 was a blockbuster year for the travel therapy job market and the industry as a whole. It looked like it would be a good year when writing our 2022 travel therapy job market outlook, but it turned out even better than I anticipated. We saw some new all time highs in average pay packages and number of open jobs, particularly for PTs and SLPs, especially in the first half of the year. Our travel therapy jobs list exploded in number of jobs due to all of the really good and high paying contracts. It looked like that trend was possibly reversing around the middle of the year, but instead things mostly leveled off at a new higher baseline. Most of the travel companies that we work with set new records for travel therapist placements and also for the bill rates they were seeing.

For us at Travel Therapy Mentor, we had a big year of growth as well. We interviewed and added several new travel companies and over a dozen new recruiters throughout the year as the volume of therapists contacting us interested in getting connected with good recruiters increased. Unfortunately we also had to remove some that weren’t upholding the standards that we expect based on feedback we received in our contract completion forms. We ended 2022 with 14 travel therapy companies and 54 recruiters at those companies to whom we now send prospective travel therapists.

Holiday Travel Therapy Job Market Lull

Normally around the end of December and beginning of January, there’s a lull in the travel therapy job market. This happens for a variety of reasons including new year budgets being in flux, hiring managers taking time off, and travel therapists wanting to be home for the holidays and start fresh in January, causing a lot of competition. Fortunately though, for the third straight year we saw only very little slow down in the job market at the beginning of January. The market stayed strong through the holidays and the beginning of the year, which has been a good indicator of how the rest of the year will go lately. Here’s a live video of us discussing the January job market lull way back in 2019.

Is 2023 a Good Time to Take a Travel Therapy Job?

The beginning of the year seems to be the time when many therapists start considering jumping into travel therapy. We always get lots of social media messages and emails around this time asking if it’s a good time to start traveling and how the rest of the year looks for the market. Each year, as we get more knowledgeable about the industry, and we get better at spotting trends and predicting what’s to come. We also have the advantage of having frequent contact and getting insight from travel therapy recruiters, managers, and company owners at a variety of different companies. We consulted all of them to get some fresh data in terms of current job numbers for each discipline, as well as how they see the rest of the year unfolding.

Here are the ranges we received for the current open travel job numbers by discipline:

  • PT: 420-900
  • SLP: 100-1,300
  • OT: 115-425
  • PTA: 65-175
  • COTA: 30-100

You probably have a couple of questions when looking at these numbers: Why is the range so large, and how do these numbers compare to periods in the past? Let’s go ahead and answer those questions.

The reason the range is so wide is because we work with a large variety of travel companies from very small (1 recruiter) to absolutely massive (100+ recruiters). A consistent trend we’ve seen when looking at the data from this variety of companies is that often bigger companies usually have access to a larger number of jobs when compared to smaller companies. With that being said, it’s probably not a good idea to only work with the large companies because often smaller companies can pay better than a large company if they have the same job due to having lower overhead, and sometimes smaller companies may have direct connections with niche jobs that some of the larger companies may not have.

We often get questions about the highest paying travel therapy companies, and while there are some common themes, there’s no one size fits all answer. We always recommend working with a few different companies to see a variety of job options, including at least one big company and one small company for this reason.

In terms of the job numbers, compared to last year at this time, the number of open travel jobs is about the same or slightly higher for each discipline. Last year records were being broken, but this year is even better! The OT, PTA, and COTA job markets are all better than at the beginning of 2022, while PT and SLP are around the same but still extremely strong. Overall, it’s a great time to be a travel therapist.

How is the Travel Therapy Job Market likely to Change Throughout 2023?

As I mentioned above, I was a little pessimistic on the travel therapy market going into the second half of 2022. Inflation was running rampant (especially short term housing prices), travel pay packages seemed to have peaked, hundreds of new therapists had entered the market chasing higher pay, and job numbers were starting to level off. It seemed like we were in for a reversion to the mean of some sort. Fortunately I was wrong, and the market stayed very hot throughout the entire year. At this point, my opinion has changed and I’m more optimistic.

Bill rates are remaining high; the exuberance around increasing contract pay rates has declined somewhat, meaning less permanent therapists quitting to travel; inflation has slowed down; and open job numbers are staying strong. It seems that this increase in travel therapist demand could be much more long lived than first expected. I now believe that there were so many elective surgeries put on hold during 2020 that it could take another year or more for everything to get caught up and demand for therapists to slow down. And if you take into consideration that some therapists and other healthcare workers left the field after 2020, the higher demand could be ongoing even longer.

All of the companies we work with agree with this sentiment as well. They all expect 2023 to be as good or better than 2022 for travel therapy jobs, and they expect a continued higher baseline for pay packages. Travel companies and recruiters are looking forward to a record breaking year, and so are we!

Should You Jump into Travel Therapy in 2023?

Honestly, there’s never been a better time. The market has been booming for nearly a year and a half now coming off of the massive slowdown in 2020/early 2021, with no signs of letting up. It’s a “traveler’s market” with the supply/demand dynamics in our favor, meaning increased negotiating power for travel therapists.

We helped thousands of therapists get started with travel therapy in 2022 and look forward to helping even more than that in 2023. If you’re reading this and are considering taking the leap into travel therapy, but not sure where to start, our Free Travel Therapy 101 Series is the perfect place to learn the basics.

If you want an in-depth, step by step guide to not only getting started but becoming financially successful as a travel therapist, then Our Comprehensive Online Course is for you.

And of course, finding great recruiters for your situation is vital in having success as a traveler, so fill out our recruiter recommendation form to get connected with a few that will fit your needs. If you have any questions, feel free to contact us! Best of luck with your career goals in 2023!

Jared Casazza

Written by Jared Casazza, PT, DPT – Jared has been a traveling physical therapist since 2015. He has become an expert in the field of travel healthcare through his experience, research, and networking over nearly a decade.

Travel Therapy Job Market Outlook for 2022

~ Travel Therapy Mentor ~ 1 Comment

It’s a new year which is when many people start to think about making life changes. Our website traffic, podcast downloads, and email inbox volume all increase during this time of year as people contemplate leaving their perm jobs to pursue travel therapy as part of their new year changes. Because of so many people desiring to start traveling at the beginning of the year after the holidays, finding travel therapy jobs in January is notoriously more difficult than during the rest of the year. We weren’t sure if this would be the case in January 2022 due to the travel job market being so strong at the end of the year, but now the data is in. It turns out that there was absolutely no job market lull at the beginning of January, unlike most years, and in fact some of the companies that we work with even stated that the number of open jobs increased in January!

Is 2022 a Good Time to Take a Travel Therapy Job?

This is a question that we’ve received a lot lately. We’ve also had many current travel PTs, OTs, and SLPs reach out and ask if we think the travel therapy market will stay as hot (with tons of jobs and high pay) as it was at the end of 2021 throughout 2022. To answer these questions, we consulted the owners, managers, and senior recruiters at the travel companies that we work closely with. In total we got data on current job numbers and trends from about ten different companies to compile and determine the most likely outlook for the new year. Here are the ranges we received for the current open travel job numbers by discipline:

PT: 200-1,200
SLP: 100-1,000
OT: 100-300
PTA: 10-120
COTA: 5-60

You probably have a couple of questions when looking at these numbers: Why is the range so large, and how do these numbers compare to periods in the past? Let’s go ahead and answer those questions.

The reason the range is so wide is because we work with a large variety of travel companies from very small (1 recruiter) to absolutely massive (100+ recruiters). A consistent trend we’ve seen when looking at the data from this variety of companies is that often bigger companies usually have access to a larger number of jobs when compared to smaller companies. With that being said, it’s probably not a good idea to only work with the large companies because often smaller companies can pay better than a large company if they have the same job due to having lower overhead, and sometimes smaller companies may have direct connections with niche jobs that some of the larger companies may not have. We always recommend working with a few different companies to see a variety of job options, including at least one big company and one small company due to this. If you’d like our help getting connected with some recruiters and companies that will work well for your situation, fill out this form for personalized recommendations.

For PT and SLP, these numbers are at or near all time highs for the past 7+ years since we’ve been involved with the travel therapy industry. The high number of open travel jobs for PTs and SLPs is causing facilities to raise their rates in order to entice travelers to choose their facility over others, which is driving up pay rates.

For OT, PTA, and COTA, these numbers are still the highest they’ve been since the negative impacts of COVID and the Medicare changes (PDPM/PDGM) in 2019/2020, but definitely not at all time highs. OTs still have plenty of jobs to choose from throughout the country, but pay rates have not been increasing as quickly as they have for PTs and SLPs, and OTs may need to be a bit more flexible on setting and/or location than PTs and SLPs. For assistants, you can certainly find travel jobs right now, but it’s important to be as flexible as possible on setting and location in order to have the best chance of finding consistent contracts. Unfortunately with the number of assistant jobs being lower and therefore more competitive, we don’t recommend that new grad PTA’s and COTA’s pursue travel therapy right away until they get 6-12 months of experience at a perm or PRN job.

How is the Travel Therapy Job Market likely to Change Throughout the Year?

While it’s certainly a good time to travel, especially for PTs and SLPs right now, many people want to know how we see the job market changing over the next year. They want to be as sure as possible that they’ll be able to find consistent work for the foreseeable future prior to taking the leap into travel therapy.

From the trends we’ve seen as well as from the data and opinions we’ve received from our trusted travel companies, there’s no sign of the travel therapy market slowing down anytime soon. In fact, many of the companies believe that it may actually improve even further throughout 2022.

Why is that? Well, there are a variety of reasons. First, many therapists left the field during 2020 and 2021. Many therapists close to retirement age decided to go ahead and retire instead of having to be working during the pandemic. Some therapists with children started home schooling their kids instead of having to send them to school during the pandemic. Also, some therapists decided to go back to school, switch to a non-clinical healthcare role, or go into another career all together. All of that has led to less therapists overall working clinically than prior to Covid. In addition, with so many people in our population having continued deficits after recovering from Covid, the need for therapists has increased. In short, the supply of therapists is down and the demand for therapists is up and increasing quickly, which is a very good situation for travel therapists. We wouldn’t be surprised at all if both the number of open jobs and the average pay for travel therapists both break all time highs again in 2022. Looking at our Hot Jobs List, there was a consistent month over month trend of increasing pay rates throughout 2021, and there’s no reason to believe that this won’t continue for the foreseeable future.

What About the Impact of Omicron?

We were nervous about Omicron harming the job market when it was first being talked about back in November. We thought that there was a high probability of elective surgeries being delayed like back in early 2020, which causes less of a need for therapists. Fortunately, Omicron appears, at least at this point, to not be causing widespread cancellations of elective surgeries. As we’ve seen throughout the pandemic, things are far from certain and can change quickly, but as for now, we as well as all of the travel companies that we work with are optimistic that Omicron won’t cause a significant change in therapy staffing needs.

Should I Go For It In 2022?

The second half of 2021 was a really great time to be a travel therapist, and by all accounts, 2022 will be as well. Supply/demand dynamics are more in our favor now than they have been in many years, which is leading to lots of jobs options with great pay rates. We helped well over 2,000 therapists get started with travel therapy in 2021 and look forward to helping even more than that in 2022. If you’re reading this and deciding to take the leap into travel therapy but not sure where to start, our Free Travel Therapy 101 Series is the perfect place to learn the basics. If you want an in-depth step by step guide to not only getting started but becoming financially successful as a travel therapist, then Our Comprehensive Online Course is for you. If you have any questions, feel free to contact us! Best of luck with your career goals in 2022!


Jared Casazza
Written by Jared Casazza, PT, DPT

Jared has been a traveling physical therapist since 2015 and has mentored and educated thousands of current and aspiring travel therapists to help them with their own travel therapy career paths.