MGE Management Experts
MGE Management Experts
MGE: Management Experts is a practice management training organization for dentists, dental specialists and dental office staff headquartered in St. Petersburg, FL.
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Creating a Bonus Plan for Your Dental Practice

Creating a Bonus Plan for Your Dental Practice

4/12/2022 10:02:47 AM   |   Comments: 0   |   Views: 470

Creating a Bonus Plan for Your Dental Practice

A bonus plan is a great way to motivate your team and reward them for their hard work, but if you structure it the wrong way, it can create problems. So in this episode, Jeff discusses some “do’s and don’ts” and example bonus plan systems to make sure both the owner and the staff win with your bonus plan.

Topics:

:47 – The “do’s and don’ts” of creating bonus plans
9:02 – Example of a workable bonus plan
14:23 – Ensuring the practice owner and the staff both win
20:08 – Adding special one-off bonus game like group trips or extra year-end bonuses

Links:

Overhead Sheet - https://www.mgeonline.com/overhead-materials
Sample Bonus Plan Ideas - https://www.mgeonline.com/bonus-plan-ideas



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