145: Breaking Down Bonuses- Do They Actually Work?
Kiera is car-casting! Join her for her drive as she talks about bonuses, something she gets asked about ~a ton~. Do bonuses actually work? What’s the best way to implement them, etc. First up, do NOT make a bonus some unattainable prize; make it something someone can get when they go above and beyond their duties. Creating a bonus as a ratio means it’s forever making your team work harder at being better.
At a loss of what to do? Have no fear. Kiera discusses her ideas for setting up a bonus system, what to avoid, and even the math behind it all. To name a few...
- Be sure your practice is in profitable mode
- See how much your bonus should be based on profit numbers
- Implement plan but let team know expectations
Bonuses should be fun and a celebration of success! Don’t forget that. More at www.TheDentalATeam.com.
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Rockstar Podcast!
Loricl24
This podcast is so worth the listen! I have listened to almost all of Kiera’s podcasts and every dang time, I learn something new. I have been challenged, entertained, and frankly overwhelmed at times because I want to implement everything. So many out of the box ideas to solve common issues. Thank you Kiera and Dental A Team!
So good!
Helpful tips and proven strategies from a true dental ace! Love this podcast
Great Podcast
I started listening a month a go.Lots of actionable ideas.Kiera has really grown as a leader in Dentistry.