Dentists & Practice Owners
Dentist and Practice Owners Only Group
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Staff Bonus Program
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Staff Bonus Program
We are looking to implement a bonus system that incentivizes each individual position separately based on their performance and how that has contributed to office production/collections. We had this originally proposed to us by a consultant, and we liked the idea. We never got the blue print on how to do it because they wanted us to sign on for 70K worth of consulting services. Our current bonus system is based on an average of the last two months collections. Does anyone have experience with a individually evaluated bonus system like this or have another system that has worked well?
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6 Replies
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Great discussion topic! I have attached an article that will be helpful as you work towards what your particular plan will look like. Good luck!
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** I also wanted to share this weekly bonus plan resource….I hope this helps!
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thank you
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Of course. If there is anything else we can help with, let us know!
Missy –Practice Management Expert and Coach
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For total payroll cost, do include health insurance, worker’s comp and employer matching, right?
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I think that would make the most sense, yes.
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