There are a few ways to increase your annual salary as a mental health therapist even after completing all your schooling and licensing.
You can research the highest-paying states and cities and determine if the cost of living will be comparable to a higher salary. Of course, moving to a more prosperous city isn’t the easiest thing to do, but it’s worth considering if you want to boost your salary.
Another way to increase your annual salary as a mental health therapist is to open your practice. When you work for yourself, all the earnings go directly to you. Furthermore, even if you decide to hire some employees, you can still achieve a higher salary than you would have working for somebody else.
You can also participate in further specialization training. Expanding your skillset and being able to offer rehabilitation for specific mental health disorders and illnesses will raise your visibility and value in the mental health community.
Lastly, the longer you work as a mental health therapist, the more you’ll earn. Regardless of where you live, with more experience, you’ll earn more whether you’re working for yourself or someone else.