Associates
This category is one of
the few in which I take a different approach. Here, instead of trying to
save on payments you should concentrate on increasing the production! Doing
so indirectly, reduce your overhead. As you know, whenever your production
goes up without an increase in expenses, your overhead percentage goes down.
Of course, as with any
other employee, you want to find the best for the lowest salary possible. However, do not let salary be your sole
deciding factor. A diligent associate with a solid business sense can
increase your production significantly. Look for people who agree on pay
formulas involving commission (these are usually people with business
sense).
Another important
element to take into consideration is the image your associate will portray.
In the
Image section you learned that you are sending messages to your
patients during their entire visit to your office. Your associate should
share the same vision you have for your practice and implement approaches
similar to yours in treatment planning and treatment techniques.
The pay rates vary among
different areas of the country. Daily pay can range anywhere from $350 to
$550, or is calculated using percentage formulas of 20% to 33% or even 50%.
The amount you pay is not as important as whom you pick, but be sure to use
some business sense. Again the lower the better, as long as quality is not
compromised.
Another issue that needs
frequent evaluation is the quality of the work itself. It is a delicate
issue and needs to be dealt with without damaging your professional
relationship with your associate. But it is important, especially in the
beginning of your cooperation.
Remember, most of your
associates will eventually leave, but you will be left with the result of
what they have done. So, if you come across a new associate who is twice as
fast as his predecessor, be excited, but make sure you won't be redoing his
work in the future!
One problem that I have
observed in many offices is the lack of marketing and business training for
associates. We assume because they are dentists, they know about the
business end of running a practice. Even though this would be nice, most
associates who are new to dentistry are as unfamiliar with its business
aspects as we were when we first started!
Like the rest of your
staff, new associates must be trained on all the major policies in the
office, how you present a treatment plan, and how you treat your patients
and staff, etc. Obviously you need to do this in a professional manner, and
explain that a uniform approach throughout the entire office is vital to the
success of the practice.
A number of new
associates have been out of school for only a short time. Some also lack the
knowledge that can be gained only by having your own practice. Their views
of the real world may be very different from what you have learned over
years of experience. It is your responsibility to delicately (consider their
ego at all times) explain why your ideas and approaches are more effective
and productive. Just imagine what you could accomplish if there were two of
you! So, train one like yourself!
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