Creating a Winning Compensation Program
One year ago - By IAPAM
Creating a Winning Compensation Program written by Jeff Russell, Author of Secrets to a Successful Practice & Executive Director of the IAPAM
You should have a budget and a clear idea of what you are going to pay for each role in your practice. It's important that you stick to this range; you don't want to overpay or underpay. Getting this right is important. I like to slightly overpay the current market average in my area for each role. I want to be the leading provider, not the lowest quality provider, so paying a bit more sets the tone of the quality I expect.
Remember, when you are...
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