Wise Practice Podcast

← Wise Practice Podcast29 sept · 38 min

Rethinking the Traditional 60/40 Split with Brittany Schank, LCSW | WP 205

Rethinking the Traditional 60/40 Split with Brittany Schank, LCSW | WP 20529 sept38 min

Whitney Owens sits down with returning guest Brittany Schank, LCSW, and owner of Solace Counseling, to talk about why the traditional 60/40 split model stopped working in her group practice. Brittany shares what it was like to realize her clinicians were sometimes taking home more than she was, why the numbers were no longer sustainable, and how she transitioned toward salary and per-session pay.

They also discuss the hidden costs of running a group practice, why higher percentages do not always mean a better opportunity for therapists, and how work-life balance, support, and strong practice culture can matter just as much as compensation. Brittany also shares her new I'm Here client check-in app, designed to make the waiting room process easier for both clinicians and clients.

00:00 Welcome + episode introduction

04:26 Meet Brittany Schank

05:19 Why the 60/40 split stopped working

09:26 When resentment signaled a needed change

14:31 What your practice offers beyond pay

16:03 Moving from splits to salary

23:58 Why pay percentages can be misleading

26:29 The reality of starting your own private practice

29:48 Changing pay structures for existing clinicians

33:16 The "I'm Here" client check-in app