Ep. 10: How Should You Be Paying Your Associate?

Written By Adam Mortimer
 

Bringing on an associate can be a great thing for practice growth. But it can also become a disaster if you haven’t structured it properly. So, in this episode, Jeff Blumberg dives into the most common associate models and some guidelines for structuring the compensation plans for each.

Topics:

1:51 – Three common models for utilizing an associate

3:31 – The Traditional Associate Model

5:20 – The Production Doctor Model

15:41 – The Autonomous Operation Model

24:17 – Structuring the compensation package so it works for both the associate doctor and the owner

Links:

Associate compensation article - https://www.mgeonline.com/2021/associate-compensation-which-plan-is-right-for-your-practice/

Learn more about MGE - https://www.mgeonline.com

 

Listen to full episode :

Adam Mortimer
Previous

Ep. 11: Patient Retention & Reactivation, Why Dentists Lose 50% of Their Practice
Next

Ep. 9: Dental Marketing Trends for 2022