Want to retain valuable employees?

 

1.    Studies show rewards such as recognition and feedback are as important as pay, benefits, and status.

2.    Recognition ideas may include gift cards, a team lunch, and a posting on a “wall of fame.”

3.    Creating rewards for the entire staff when they reach a shared goal creates unity and community.

4.    To encourage staff independence, give them tools and resources they need; then stop micromanaging.

5.    Attaching salaries to positions rather than to individuals ensures fairness.

Have questions? I’m here to help.

Categories
Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement Uncategorized
About Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read More >

Reed Tinsley, CPA for Physicians