I started off at a decent paying job at a non-profit right out of graduate school. I have lots of experience in aging and diseases so that lead me into the medical social work field. I don't know that I would advise someone to go into the field without getting at least a MSW. Many prospective private clinicians are drawn by the lure of higher salaries. Six figures very normal for a single practitioner. Just curious, what were you making in undergrad or right after you graduated undergrad (if you worked in the same field)? Are you asking about social workers, psychologists, or what? Most MFTs/LCSWs in California (that I have met) make somewhere between 3000 and 6000 a month (gross) at a full-time position. I make more as a group owner. She hasn’t finished with her supervision hours yet, about halfway through. I think social workers have the potential to make a good amount of money and also the potential to make very little. I have not done much additional marketing beyond my Psychology Today listing, simply because I haven't needed to. For an MSW in most parts of the country, six figures is certainly very successful, but for a clinical psychologist in a major city like New York City or San Francisco it's not very successful at all. May 6, 2015. She seems to be on speed dial for national media outlets like the Wall Street Journal, Market Watch, … #1. If you’re in it for the money, you’re in the wrong profession. Their services may extend beyond the office to such settings as primary care, school, courts and nursing facilities. Most people do it by staying with their CMH agency and switching over day by day. I got a job right out of school when most of my classmates are still looking for work. We encourage discussion of therapeutic techniques, information related to practice and new research, information related to careers in therapy, and dissection of case studies that protect the identity of the client. Each job that I moved to, I was able to make a little more money. Better paying jobs from the git go are working in hospitals vs social service agencies. but most therapists are in private practice and pay higher taxes, their own health insurance, office rent, assorted business expenses, so $70k gross would be impossible. In most parts of the US, you will never, never, never be able to charge $150/hr. I'd say I don't know a single psychologist in private practice (in the Bay Area where everything is ridiculously expensive and some people have ridiculous amount of money and no one takes insurance) who makes less than 6 figures. With that said, you'll see part-time people pulling in way less, in the $20-$45k range, and you'll find some top performers, often with cash practices, who can make $110k+. I switched it up and now I work as a clinical research coordinator for a large company where I earn upwards of 75K just one year later. I am a new lmsw. I’m a family therapist for a non-profit agency in the Phoenix area. Private Practice for Social Workers: Interview with Dr. Julie Hanks, LCSW. Congrats on almost reaching that LC. I've heard from several seasoned therapists that it's a late blooming field in regard to compensation. Seriously, the secretary at my auto shop makes 80k and has 3 roommates. I know a colleague of mine who started taking insurance in his practice about a year before me said he's on track to make $90k this year, and I think I'll be just behind him (I see a few less people each week than him, on average). So now, I make over 100,000 a year. If I was back in my home town I’d make around 65000 starting out, with a growth to $45 dollars per hour after 5 years. In my area that's double the average yearly salary, and I feel content with it. Most colleagues I've spoken to agree that it takes 3-4 years for things to 'peak' for most folks. Also, who do you think makes more, management (supervisors/directors/etc) in mental health, or a private practice? Easily achieve 80-90K. I work at a non profit and I'm currently paid $13.50 an hour as a mental health technician. I suppose whether or not that's good money depends on what one considers good money. If you go in to administrate work with the Feds SWs can make 100+. Certain fields like child welfare and substance use disorders, are known for paying poorly for working your butt off. It makes me happy now thinking back in those people, because I’m doing something that is so fulfilling. What this means is that you will need to bring in a total of $72,404.00 (gross income) to have a salary (take home pay or net income) of $50,000.00. I love my work and it’s a good balance for me. Usually it takes a lot more work than that. Press J to jump to the feed. I’ve been in DCFS, a private practice therapist for kids and teens, a crisis social worker at a psychiatric inpatient hospital and currently in a medical setting at a hospital. New comments cannot be posted and votes cannot be cast. I know that your probably in the states so it might not even be relevant, but in my experience the best way to make money in this profession is to find those jobs and be willing to do them. I also only have a bachelor so I can’t do upper management (although I could if I chose to stay in the rural/remote locations) if I did get my masters I could also do private practice counselling, which is one of the best ways to make money. It’s something I would love to do, but have never seen how. On the plus side, this 35k is for seeing on average 15-18 clients per week. Press question mark to learn the rest of the keyboard shortcuts. When I was in school, I had countless relatives or family friends tell me to run. Private practice, especially FFS, six figures is doable if you're full time and on top of your game. What career could I take my education and skills … Most of my colleagues make close to 6 figures by the end of the year BUT that’s because we work in a remote location. I was working primarily in mental health services. On one hand, many people are saying that having an LCSW versus a PhD/PsyD doesn't significantly affect insurance reimbursement rates or posted rates for therapy.