Bonus Systems & Performance Management
Effective Incentive Plans Designed with your Team in Mind
We can connect you with Bent Ericksen, who provides a web based program for setting up and managing an effective bonus and incentive plan in your practice. Geared for the dental profession, their program is a proven management method for creating incentives, motivating employees and achieving greater financial success for everyone.
How do they do it?
- On a monthly basis, their program compares the salaries that are being paid out for staff against a rolling average of the production and collection. Using the practice’s desired overhead percentage with national norms for comparison, their program will automatically calculate whether a bonus has been achieved and determine the bonus.
The end result?
Through their program, you are able to accomplish three important management goals: protect overhead, protect profits and provide financial incentives. Additionally, you are able to better focus your team and get everyone working towards the same goals. T.E.A.M. – Together Everyone Achieves More.
This product or service is provided by a third party and does not constitute an endorsement by Henry Schein, Inc. or its affiliates (“HSI”). HSI is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of such third party products or services. HSI receives a marketing fee from the third party provider for products/services purchased.