Veterinary practices offer these benefits to team members
Paid vacations and free CE are important to your employees. Are you being too stingy?
Aug 01, 2009
By dvm360.com staff
Benefits ranked (SPIKE MAFFORD/GETTY IMAGES)
You love your team and you want to hang on to the employees in your practice. And if you're looking to cut costs, it may be tempting to dip into your employees' benefit package to see where you can slice off a little bit of savings. But have you considered what's important to your employees and what they value? You certainly don't want to hack away at employee benefits only to find out some of your superstar employees are leaving for greener pastures, like a practice with a 401(k) program. So you've got to offer benefits that keep your practice competitive in the employment landscape. But don't go overboard by offering every benefit under the sun. The chart on the left shows what benefits practices offer their employees. Do you see an area that gives your practice a competitive edge when it comes to hiring and retaining team members?
Since 2009, technicians paid by the hour have experienced a bump in pay, but pay for other team members has stayed stagnant, according to data from the 2014 Firstline Career Path Study. Here’s a look at changes in team pay from 2009 to 2013.