In dentistry, labor costs usually represent the highest percentage of practice overhead. The industry average is around 27 percent and may or may not include benefits like retirement contributions, healthcare premiums, bonuses, and other benefits. I’ve seen practices where labor costs exceed 30 and even 40 percent of overhead expenses, and while I understand how…Read More→
Tag: dental staff
Dental Summer Help: Should Your Kids Work for You?
It’s summertime! For dentists, that means you’re in the middle of your busiest months of the year. If you have older kids – teenagers in high school or college-age – who are home for the summer, isn’t it maddening sometimes watching them lay about while you work all day? Solve two problems at once: bring…Read More→
Improving Performance Reviews In Your Dental Practice
Many dentists conduct staff performance reviews during the summer or fall – although many dentists don’t conduct formal reviews at all. A regular employee evaluation program is critical to ongoing practice management and performance and can avoid potential liability issues if you must terminate an employee. Keep these best practices in mind for your own…Read More→