By Wes Lyon, CPA, CFP®
Recently, one of our subscribers called and confessed that he and his colleagues were struggling to implement an effective hygiene bonus system. After a brief discussion, we were able to devise a plan that allowed his hygienists to increase their pay, shorten appointment times back to pre- COVID levels, while increasing profits!
As we outlined in our January article, “Use Production Bonuses To Retain Your Hygienists While Increasing Profits,” a production based bonus system is a phenomenal way to bridge the gap between high hygiene pay, job satisfaction, and business profitability. The hygienist shortage problem is likely to continue for years to come, so getting ahead of the curve by retaining your hygienists is key.
Log in to view this resource
Not Yet a Member?
Join The McGill Advisory with a money-back guarantee
Learn More
Join
Start Your Free 45-Day Trial Membership
Begin increasing your wealth—by saving on taxes, boosting practice profit, conserving what you earn, and ensuring a successful retirement.
Your 45-day free trial entitles you to an 8-page monthly newsletter, plus unlimited online 24/7 access to hundreds of tax reduction, practice management, wealth protection, and retirement planning solutions. No obligation, no credit card.
Free 45-Day Trial Membership
The McGill Advisory content Is provided For informational purposes only And does Not constitute legal, accounting, Or other professional advice.
Copyright © 2024 John K. McGill & Company, Inc.
Practice Management | Personnel - Compensation
Total Pay Statement
View
Practice Management | Personnel - Compensation
Total Pay Statement (Editable Word Document)
View
Practice Management | Personnel - Compensation
Use Production Bonuses To Retain Your Hygienists While Increasing Profits
Read Article
Practice Management | Personnel - Compensation
Winning Staff Compensation Strategies for 2024
Read Article
Practice Management | Personnel - Compensation
How Will The New Overtime Rules Affect Your Practice?
Read Article
Practice Management | Personnel - Compensation
Time To Finalize Your 2023 Pay Strategy
Read Article
Once you have created your account, click below to refresh this page and access this content.