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Books & Benchmarks

Bonuses Part 1: Do They Work? 

Bonuses Part 1: Do They Work? 

This week, I had a series of conversations with both Books & Benchmarks clients and bookkeepers about employee bonuses. In light of those conversations, let’s answer a few questions about bonuses this week and next:  Do they work?  What are common structures...
What is “Normal” for Non-OD Staff Wages? 

What is “Normal” for Non-OD Staff Wages? 

Wages, when doctors and staff are taken together, are almost always the largest expense for private practices’ P&Ls. For many, the non-OD staff salaries alone are higher than any other expenses. Let’s dig into that number—non-OD Staff Compensation—to better...