Members do not see these Ads. Sign Up.

Hi all,
I have about 8 years of experience working in the public sector & am thinking about making the move to private work. Literally never done it before!
I would be working for someone else & am not sure how it all works.
Do I get an ABN & work as a sole trader & pay my own tax out of what they pay me?
Do I get a set rate per day or per patient?
If I am getting a percentage is 50% the standard?
What do you think is a reasonable day's pay? I am talking about country NSW, presumably I will not be making the same amount as in the city but cost of living should be lower, etc.
Any help would be appreciated. The more specific the better.
Thanks!

 

Hi Buttons,

In regards to working in a private practice there are options around the way you wish to be paid. Many Podiatrists do work in the way that you mentioned on their own ABN by invoicing their employer each week. If you are working on an ABN you are correct in the way that you would need to do your own deductions including tax & super.

The other options are that you simply earn a percentage of your billings, this way you are on a "commission only" type wage and your employer will simply pay you as per the agreement. In this situation your employer would take out tax and deductions.

Again, there are options around the way you wish to be paid. I find that the majority of my private sector Podiatrists prefer to be paid on a commission basis eg. 50% of billings. As you would know in the public sector hourly rates are more common- however it is not unheard of in the private sector.
Yes, 45- 50% is around average. As with all negotiations it will depend on your experience in relation to that specific role. Bonuses and incentives are often included in your employment agreement.

It would be very hard to specific an "average days pay" without having a specific practice in mind. As you know different practices treat different patients and have different case loads and priorities. When you are considering a practice that you may be interested in working at, a good question to ask would be "What do your podiatrists bill on average per day/ week?" and then you could calculate from there what you could expect to earn.

Here at Medacs Healthcare we work heavily in the Podiatry market and assist our candidates every step of the way. I welcome you to contact me by email and we can discuss further any positions we have available that may be suitable.

Kind regards

Karla Rossi
Recruitment Consultant– Allied Health
Medacs Healthcare (Australia)

t: 1800 059 790 ( within Australia only)
t: 61 2 4967 2060
f: 61 2 4967 3779
e: karla@medacs.com.au

 

HI there,

Also if the company is providing all stock they are legally obliged to pay your super. Two different accountants have verified this. I know there are companies out there that refuse to do this.

If you are a completely sole sub contractor and use all your own stock and equipment there is no obligation for them to pay Superannuation. Bear in mind if you sub contract you do not get Annual leave etc.