By Roger P. Levin, DDS
A staff bonus system represents a win-win proposition for the dentist and the team by accomplishing three vital things:
- It affords all team members the opportunity to significantly increase their compensation.
- It does so without inflating the proportion of labor costs against revenue.
- It makes the practice more successful.
To learn how to run a more profitable, efficient and satisfying practice, visit the Levin Group Resource Center at www.levingroup.com — a free online resource with many more tips, videos, and other valuable production-growing ideas.
Dr. Roger Levin is a third-generation general dentist and the chairman and CEO of Levin Group, Inc., the largest dental practice management and marketing firm in the United States. As a leading authority on dental practice management and marketing, he has developed the scientific systems-based consulting method that will increase practice production and profitability, while lowering stress. Dr. Levin has authored more than 60 books and over 3,000 articles. He presents 100 seminars worldwide each year.