Learning Module:
Establishing Fair Market-Based Compensation
Complexity
Simple
Categories
Practice Management
Duration
17:03
Presenter
Imtiaz Manji
IMPORTANT: This module will need to be completed by December 31, 2024, to receive full CE credit. Please reach out to your Customer Success Manager for alternative options.
What level of pay is a fair level of pay? How much of your practice’s revenue goes toward paying the team? What other components beside salary or hourly pay should factor into base compensation? These are some of the issues every practice must have clarity to create a foundation for a team compensation strategy.
• Define the key value roles in every specialist and restorative office.
• How each team member should be able to describe their contribution to the practice’s success in one sentence.
What level of pay is a fair level of pay? How much of your practice’s revenue goes toward paying the team? What other components beside salary or hourly pay should factor into base compensation? These are some of the issues every practice must have clarity to create a foundation for a team compensation strategy.
Learning Objectives:
• Discuss how job roles are necessary but limiting when it comes creating team alignment.• Define the key value roles in every specialist and restorative office.
• How each team member should be able to describe their contribution to the practice’s success in one sentence.
Supporting Images