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COTA Thoughts

Job Security in Today’s Market

Published June 15, 2009 11:19 PM by Tim Banish

           Have you been at your job for a long time? Or have you been job hopping? No matter which one you are, do you feel that your position is secure?

            In today's market, jobs seem plentiful for therapists. Some of these jobs might be a position you don't want to take, but they are still out there. But then some of these jobs entail working for contractors, and their only security is usually a year to year contract with the facility. From experience I can tell you that I've started several different positions only to be let go three to six months later because the facility decided to switch to a new contractor. The funny side to this is when I was living in a small Indiana town I covered one facility for three different companies.

            Job security in the medical field in this day of economic failures seems to be holding its own. At least I haven't heard of any hospitals or nursing homes asking the government for a bailout. People don't plan to get sick or injured, we just happen to work with the unfortunate ones who need our help. When most of us need medical care, we seek it and worry about the cost later. The average American spends 5-10% of their annual income on medical care, but some people need to spend up to 25% of their income to cover health care costs.

            If the security of job availability was left up to me to decide, then at this time I think things seem fairly good out there. From the number of phone calls, cards, letters and e-mails I get there must be plenty of jobs around. And as much as it's always comforting to the mind to know if your current position ends there are more jobs out there, you just hope you won't have to resort to finding out how many really exist. I do, however, shy away from any offers where sign on bonuses and high salaries get mentioned right away. It makes me wonder if the facility is that bad or if the caseload is too difficult, that this is the only way they can lure a therapist in.

            So how's your job security today? Feel pretty useful and needed in your current position? Or is your company so big that anytime they feel like changing staff new people show up? Is the contract about to run out? With the many different factors that can affect a person's job security in today's world, it makes you wonder who's next.

             

Until next time, hope all your "Thoughts" are Good-

Tim

3 comments

Mary-

Thanks for your kind comments. Your ideas for future topics are welcomed. We'll see what I come up with.

Tim Banish, LTC - COTA/L June 23, 2009 10:10 PM
Cincinnati OH

Mary, I was just wondering where you're going for your MOT.  How long do you think it's going to take you?  I started going back a few years ago, and realized I would have more debt in student loans than my mortgage, but I was just curious.  Thanks!

Nicole, COTA June 20, 2009 8:14 PM
Waco TX

I really enjoy reading your blog!  Thaks so much for the time you take to write it.  I am a prospective OTA or MOT student.  I've just started taking pre-reqs.  If you run out of topic ideas, could you write about your daily duties in more detail?  Do you feel like you really inpact patients positively?  Do you feel hopeful or burned out most of the time?  How much "dirty work" is really involved (like toileting)?  Is there a big difference between what you as a COTA do and what an OT would do on a daily basis?%0d%0aThanks so much for your input.  I look forward to your blog updates!

Mary M June 19, 2009 11:16 PM
Cleveland OH

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