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Using Incentive Plans to Increase Practice Value

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Manage episode 299517534 series 2968134
Content provided by Utterly Financial. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Utterly Financial or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

One of the biggest challenges for private practice owners is finding ways to attract, motivate and keep your most crucial employees. In today's episode, I discuss the following...

  • Why you should carve out specific rewards for your key employees
  • 5 characteristics of a strong incentive plan
  • How to determine if you should issue a cash or stock bonus plan
  • The Pros and Cons of using a stock based plan
  • 3 different ways to offer cash-based bonus plans

For all resources mentioned head on over to utterlyfinancial.com/6

  continue reading

21 episodes

Artwork
iconShare
 
Manage episode 299517534 series 2968134
Content provided by Utterly Financial. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Utterly Financial or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

One of the biggest challenges for private practice owners is finding ways to attract, motivate and keep your most crucial employees. In today's episode, I discuss the following...

  • Why you should carve out specific rewards for your key employees
  • 5 characteristics of a strong incentive plan
  • How to determine if you should issue a cash or stock bonus plan
  • The Pros and Cons of using a stock based plan
  • 3 different ways to offer cash-based bonus plans

For all resources mentioned head on over to utterlyfinancial.com/6

  continue reading

21 episodes

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