Table of Contents:
  • Compensating owners
  • Determining compensation
  • Dealing with tax issues
  • Special issues for one-owner practices
  • Special issues for multi-owner practices
  • Changing the owners' compensation structures
  • Compensating associate Veterinarians
  • Where the money comes from?
  • Can you afford an associate?
  • Methods of compensating associate veterinarians
  • Production-based pay
  • Straight salary
  • The pro-sal method
  • Choosing a compensation method
  • Compensating specialists
  • Compensating staff
  • Benchmarks for staff compensation
  • Compensating technicians/nurses
  • Compensating receptionists/front-desk staff/client service representatives
  • Compensating veterinary assistants, kennel workers, groomers, and other support staff
  • Incentive pay programs
  • Skill-based pay programs
  • Low-cost or no-cost incentives
  • Conclusion.