In today’s post, we’re talking about incentive bonus plans for mid-level providers. Specifically, I’ll show you a simple method you can use to calculate an incentive bonus based on collections. If you’re a physician owner hiring a new mid-level provider, or if you need help restructuring a new compensation plan, this one’s for you. Let’s […]
Hiring A New Employee Checklist
Have you hired anyone lately? It’s a time-consuming process, am I right? First, you need to identify all potential candidates for the position. Then you spend time interviewing the candidates to see if they have the qualifications you are looking for and identifying that the potential team member is a “right fit” for your […]
How to Budget for Employee Pay Raises
In this post, I’m going to outline a simple method that you can use to budget for your employee pay raises this year. For over 30 years, I have helped my clients review the compensation levels of their employees and create a budget for expected increases. The method I use factors in job descriptions, base […]
Communicating Salary Increases To Your Employees
Have you given much thought to how you communicate salary increases to your employees? Or is it something that just happens automatically each year? Every pay raise is an opportunity to encourage your employees and build upon a culture that values hard work and continuous improvement. Communicating salary increases with your employees doesn’t need to […]
How to Find A New Office Staff Member
How do you find a new office staff member? You need the type of person who you can trust, who knows their stuff and will fit in as a great team player. Sometimes you get lucky and don’t need to look very far at all. A few years ago I had an individual that I […]
A 3-Step Hiring Framework: How to Prepare to Find the Best Candidate
Mise en place (French pronunciation: [mi zɑ̃ ˈplas]) is a French culinary phrase which means “putting everything in its place.” In culinary school, you are taught the discipline of mise en place well before you first fire up the stove. As a cooking technique, it’s exactly what it sounds like. Mise en place is a […]