If you’re looking for a rewarding and flexible career, you may be considering becoming an occupational therapist. If so, there’s no time like the present to learn about everything this exciting job entails. Here’s an overview of occupational therapist salary with master’s degree and some useful tips on how to start your journey.
The average annual salary for an occupational therapist is $73,600. The highest-paid occupational therapists make up to $100,000 per year.
The median hourly wage for an occupational therapist is $35.28 per hour. A top-earning occupational therapist can earn over $1,200 per week.
Occupational therapists with master’s degrees generally have higher salaries than those with bachelor’s degrees, but the difference depends on where they work and the type of job they have.
Occupational therapist salary with master’s degree
We all know that people are living longer than ever, which means there’s a greater need for health-care workers who can help the elderly and disabled live their best and most independent lives. One of the more popular (and well paying!) careers in this field is occupational therapist, but some readers might not know what an occupational therapist does or how much they make. In this post, we’ll look at both of those questions and provide additional details on why now is a great time to enter the field of occupational therapy.
The median occupational therapist salary with a master’s degree is $61,694, as reported by PayScale.com in November 2019.
Occupational therapists are healthcare professionals who help people with disabilities or illnesses to perform everyday tasks. The median occupational therapist salary with a master’s degree is $61,694, as reported by Payscale.com in November 2019.
If you have a master’s degree and are looking for work as an occupational therapist, it’s important to understand your earning potential. That way, you can find the right job for yourself and negotiate compensation that matches your skillset and experience level.
This equates to an hourly wage of $30.57.
The median hourly wage for an occupational therapist with a master’s degree is $30.57. This means that half of OTs with a master’s degree made more than this amount, and half made less.
Averages can be misleading, so it’s important to know that the range of actual wages is much higher than this number indicates. The lowest-earning 25% of occupational therapists make less than $21 per hour, while the highest-earning 25% earn more than $39 per hour (35th percentile). In other words, if you have a master’s in occupational therapy and are making less than $21 per hour after taxes, you’re probably doing something wrong!
The data was based on 851 employee reports.
The data was based on 851 employee reports.
- How many occupational therapists were surveyed? — 851
- How many of those had a master’s degree? — 78.25% (621)
- What percentage of those with a masters degree were both male and female? — 68% (436)
The lowest-earning 25% of occupational therapists earned $55,000 or less per year, and the highest-earning 25% made $75,000 or more annually.
The highest-earning 25% of occupational therapists earned $75,000 or more annually, which is about double the median salary for all U.S. workers. The lowest-earning 25% of occupational therapists earned $55,000 or less per year. That’s $20,000 less than the national median income and nearly half of what the typical worker earns in a year. Compared to other professions that require college degrees and training (such as nurses), occupational therapy salaries are relatively low; however, they’re also significantly higher than salaries for entry level positions in many industries like retail sales — so it’s not surprising that it’s become one of the most popular jobs among millennials today with over 200k openings available each year!
Occupational therapists earn more money with a master’s degree than with a bachelor’s degree.
A master’s degree in occupational therapy is worth more than a bachelor’s degree in the field. According to the Bureau of Labor Statistics (BLS), OTs with a master’s earn about $9,500 more than those with only a bachelor’s. Data from 2016 shows that people with a master’s make $81,000 per year on average; BLS notes that this is consistent whether they have their master’s or not.
Occupational therapists are an important part of the healthcare system and are often underappreciated. They work hard to help people live their best lives, but they don’t always get the appreciation they deserve. I hope this post has given you some insight into what it takes to become an occupational therapist, how much money they make on average, and what kinds of jobs they do. If you want more information about becoming a therapist or learning more about this career path in general, please leave your comments below!