One of the biggest challenges for private practice owners is finding ways to attract, motivate and keep your most crucial employees. In today’s episode, I discuss the following…
- Why you should carve out specific rewards for your key employees
- 5 characteristics of a strong incentive plan
- How to determine if you should issue a cash or stock bonus plan
- The Pros and Cons of using a stock based plan
- 3 different ways to offer cash-based bonus plans
Have you thought about creating a program to reward your clinical director, lead therapist or office manager? Click the start here button below to schedule time to discuss what incentive plan might be best for your practice.