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Episode 86 - Dental Associate Agreements from an Associate’s Perspective: Compensation

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Content provided by The Dental Amigos. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Dental Amigos 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.
In this third episode of Dental Associate Agreements from an Associate’s Perspective Season, the Dental Amigos discuss “compensation” and everything to be aware of as it relates to an associate’s first employment agreement. The Amigos discuss 3 typical compensation methods, percentage of collections, percentage of production and a fixed salary. Rob and Paul explain the pros and cons of each method, how better to protect yourself through an agreement with each, as well as how one option may be a better fit than the other. Most importantly, the Amigos chat about the “why” behind daily minimums and how they can be a crucial part of compensation for a new associate. Lastly, the Amigos touch on how benefits, such as vacation, malpractice premiums and continuing education play a role in associate compensation. Rob and Paul bring to light when to expect these types of benefits, especially as a full-time associate, and when to not let them be a make-or-break issue in deciding whether to take a particular job. Listeners who want to reach out to Paul can do so at Paul@DentalNachos.com and those who want to reach out to Rob can do so at Rob@RMontgomery-Law.com.
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124 episodes

Artwork
iconShare
 
Manage episode 322513221 series 2492274
Content provided by The Dental Amigos. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Dental Amigos 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.
In this third episode of Dental Associate Agreements from an Associate’s Perspective Season, the Dental Amigos discuss “compensation” and everything to be aware of as it relates to an associate’s first employment agreement. The Amigos discuss 3 typical compensation methods, percentage of collections, percentage of production and a fixed salary. Rob and Paul explain the pros and cons of each method, how better to protect yourself through an agreement with each, as well as how one option may be a better fit than the other. Most importantly, the Amigos chat about the “why” behind daily minimums and how they can be a crucial part of compensation for a new associate. Lastly, the Amigos touch on how benefits, such as vacation, malpractice premiums and continuing education play a role in associate compensation. Rob and Paul bring to light when to expect these types of benefits, especially as a full-time associate, and when to not let them be a make-or-break issue in deciding whether to take a particular job. Listeners who want to reach out to Paul can do so at Paul@DentalNachos.com and those who want to reach out to Rob can do so at Rob@RMontgomery-Law.com.
  continue reading

124 episodes

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