Surviving the Financial Crunch
There was once a time when I naively thought my job was immune from the financial struggles and strain that plague many other industries. Speech therapists are always in high demand, right? I can pursue any speech job I want because there is a shortage of therapists, right? There are more and more children entering the Early Intervention and Special Education systems and therefore the NEED for therapists is significant, right?
Well, not exactly; at least, not right now. Even if these statements are true, and the need and demand for therapy exists, if the money isn't there to pay for the services then how secure is the job after all?
This past week my boss sent out an email to our staff announcing that the state was having a "budget crisis" and that funding for Early Intervention was one of the possible programs on the chopping block. Her email was attached to a previous message, urging citizens to "get involved" and "take action" on behalf of our community and the many services that are being threatened. In addition to this email, our company recently needed to restructure parts of our department in order to stay financially afloat. Several professionals were laid off with very little to no warning, while others were relocated to various positions within the company.
In addition, our entire staff, myself included, are presently struggling with reduced caseloads. We all have numerous openings in our schedule. My caseload is currently about two-thirds full, so needless to say, I have been unable to make my expected productivity for the past two weeks. Because of our caseload crisis, one of my coworkers is now working only two days a week instead of the four she has worked for the last several years. A friend emailed me earlier today sharing that the school where she works cannot pay her right now because their budget has been cut.
Based upon conversations with my boss and coworkers, it seems as though the reasons for our caseload shortage are varied. There have been recent budget cuts on various levels. In addition, I've heard that the amount of children being referred for services and being found eligible for services have both decreased. I wonder how much of that; however, is also financially driven.
Please share how your businesses, school districts and early intervention programs are doing in this troubled economy and if and how you are surviving the financial crunch!